The most recent farm bill is scheduled to expire, including crop insurance, nutrition programs such as SNAP, rural development, and agricultural research and conservation programs. Q&A: Everything You Should Know About Government Shutdowns Appropriations Watch Discretionary spending for FY 2024 and FY 2025 will be subject to statutory caps enacted in the Fiscal Responsibility Act. The Supreme Court ruling blocking the Biden administration's student loan plan was issued on June 30.Ĭongress enacted a FY 2023 omnibus in late December that funds the government through the end of the fiscal year. The moratorium was again extended to 60 days after either the resolution of student loan litigation or June 30, 2023. In August 2022, the White House announced executive action that provided debt forgiveness for certain borrowers while extending the repayment pause for all borrowers until the end of 2022. A bill introduced in the Senate would appropriate $11.5 billion to replenish the fund. The FEMA Disaster Relief Fund is expected to run out of money by late August. A transition plan included in the FY 2023 omnibus continues the 6.2 percentage point bonus for the first quarter of 2023, reduces it to 5 points in the second quarter, reduces it to 2.5 points in the third quarter, and provides a 1.5 point bonus for the fourth quarter. The Medicaid federal medical assistance percentage (FMAP) for states has been temporarily enhanced since the first round of COVID legislation in 2020. The House passed a bill to extend the authority through May 19, but the Senate has not yet acted on it. IssueĪuthority for the FCC to grant a license or construction permit through its competitive bidding system expires. We recommend that you bookmark it and come back to check in.Ĭongress may be compelled to act on each of these dates or enact short-term extensions to move the deadlines to buy time for action. We will regularly update this tracker to help reporters, congressional staff, and others interested in fiscal policy keep tabs on major deadlines. Many of the regular non-COVID deadlines could bring additional costs if Congress acts irresponsibly, or they could present an opportunity for Congress to reduce deficits. Numerous provisions providing COVID relief expire at the end of the year. Updated : The next few years will include several predictable fiscal policy deadlines that will force congressional action.
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