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Budget politics, FOMC, Will Trump debate?

The wild fires in Hawaii pointed out the need for additional FEMA emergency funding. On Thursday the White House released plans for more spending that will include Ukraine and depleted emergency assistance.  These funds are contained in a proposed Supplemental Spending Bill that is over $40B.  Supplemental funding bills are an often used spending vehicle that allocates money above and beyond previously proposed budgets.  In the case of this year’s budget battle the supplemental

The wild fires in Hawaii pointed out the need for additional FEMA emergency funding. On Thursday the White House released plans for more spending that will include Ukraine and depleted emergency assistance.  These funds are contained in a proposed Supplemental Spending Bill that is over $40B.  Supplemental funding bills are an often used spending vehicle that allocates money above and beyond previously proposed budgets.  In the case of this year’s budget battle the supplemental is funding that goes beyond the proposed budget deal reached by the President and the Speaker.

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