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2000 Federal Budget Status

Guide Extra: 11/10/99
Update: 11/19/99

Senate Sends $385 Billion Spending Bill to President
(11/19/99)

By a vote of  74 - 24, the Senate today passed the combined $385 billion "omnibus" spending bill thus completing Congress' part of the the fiscal year 2000 Federal Budget process. The bill will now go to President Clinton for his signature. Senate passage of the bill was not without controversy, however. For all the details, see this CNN story.

House Passes $385 Billion Combined Spending Bill
(11/18/99)

By a vote of 296 - 135, the House of Representatives passed the $385 billion compromise spending bill negotiated over the last two months between President Clinton and Congressional Republicans.

The bill combines funding for the departments of Justice, Commerce, State, Health and Human Services, Labor, Education, and Interior. The bill also authorizes money to pay U.S. back dues to the United Nations, offers debt relief for poor countries, and funds priorities of both Democrats and Republicans for education, medical research, law enforcement and other initiatives.

Approval of the bill still requires approval in the Senate where it may not be voted on until Saturday.

Once signed into law, this bill will complete the Federal Budget process allowing Congress to adjourn until January 2000.

White House - President Will Sign Budget Agreement
(11/18/99)

White House spokesman Joe Lockhart announced today (11/18/99) that President Clinton, at the European Security Summit in Turkey, will approve a fiscal year 2000 budget deal negotiated with Congressional Republicans.

The negotiated spending bill includes a 0.38 percent across-the-board cut in the budget but allows the Clinton administration to determine where the required funding cuts will be applied.

A positive vote by the House and Senate on the $385 billion compromise bill will complete the overdue Federal Budget allowing Congress to adjourn until January of 2000 and averting a government shutdown.

Related Resources:

About the Federal Budget Process from_about.gif (913 bytes)
It starts in April, is supposed to be finished by October 1, and determines where our tax dollars go.

Related About.com Guide Sites:

U.S. Politics: Budget & Taxation
Were the budget negotiations driven by politics? Oh, you bet. Political Guide Rowena Wall has the inside stories.


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