Congress Passes Another Short Term CR
Yesterday, Congress passed another short-term Continuing Resolution (CR) that funds a number of federal departments and agencies, including DOT and FMCSA, at FY 2007 levels. This is the second CR since the start of the new fiscal year on October 1 and will expire on December 21.
There are indications that a final FY’08 omnibus appropriations bill may clear the Congress early next week and be signed by the President. However, the omnibus bill is still being negotiated by the House, Senate and the White House, so final passage is not a certainty as this point.
We will provide details of the DOT FY’08 budget as soon as action on the bill is complete.