FY 2010 Spending Update
Fiscal year 2010 began October 1st, but Congress is still hashing through its decisions about spending for the year. Let’s review.
When Congress failed to finish the spending process by the first of this month, it passed one of the twelve appropriations bills with a provision continuing the operations of the rest of the government for all of October.
This brought the cost of the legislative branch spending bill to about $1,850 per U.S. family. (Spending on the operations of Congress—what the bill funds—is about $35. The rest of that spending is for the operation of the government during October.)
So far here in October, Congress has passed three more of the annual spending bills. On the 16th, President Obama signed the agriculture spending bill which spent just short of $1,200 per U.S. family.
That leaves the Commerce/Justice/science bill ($665), the Defense bill ($6,000), financial services ($430), interior and environment ($320), Labor/HHS/Education ($7,200), military/veterans ($1,200), state/foreign operations ($443), and transportation/HUD ($1,250).
By week’s end, Congress is likely to pass another continuing resolution, as it is unlikely to finish all these bills by the end of the month.