Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
Image of hearing room sign outside of the U.S. Senate Committee on Appropriations.
  • News

FY2025 Appropriations

We are tracking the status of FY2025 appropriations, where things stand, and what it all means for bond lawyers.

U.S. Capitol Building. Source: Ron Cogswell via Flickr
  • News

FY2024 Appropriations

Review of the FY2024 federal appropriations process.

President Joe Biden (D) waves at the attendees during his State of the Union Address on March 7, 2024.
President Joe Biden (D) waves at the attendees during his State of the Union Address on March 7, 2024.
  • News

Biden Releases FY2025 Budget

The FY2025 appropriations season has begun. Here’s a quick summary of what’s inside and what we’re tracking.

Illustration of a groundhog peering over the National Mall in Washington DC.
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Groundhog Day in Washington

Congress’ long campaign of “hurry up and wait” stretches into February; a tax deal passes the House but faces uncertainty in the Senate; FY2024 spending update; and the SEC suspends…

U.S. Capitol during the holiday season.
U.S. Capitol during the holiday season.
  • News

A Busy December: What We’re Tracking

Congress may have punted its funding problems into next year, but members still face a long to-do list before this holiday season.

Rep. Kevin McCarthy (R-CA) announces he will not run again for Speaker of the House on October 3, 2023. Source: C-Span.
Rep. Kevin McCarthy (R-CA) announces he will not run again for Speaker of the House on October 3, 2023. Source: C-Span.
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Shutdown Averted for Now, McCarthy Out, What’s Next?

A recap of where things currently stand in Washington, what may happen between now and November 17, and what bond lawyers should be watching.

100 US Dollar Bills. Source: Jericho via Wikimedia Commons.
100 US Dollar Bills. Source: Jericho via Wikimedia Commons.
  • Issue Briefs

Federal Appropriations Process

A quick primer to help bond lawyers better understand the federal appropriations process and its connection to municipal bond offerings.

Aerial image of the National Mall in Washington. Source: Pixabay
Aerial image of the National Mall in Washington. Source: Pixabay
  • News

Debt Deal Done; What’s Next?

A look at Congress’ long to-do list heading into a busy second half of 2023.

Continuing Resolution (CR)

Short-term spending bill that typically and for the most part maintains expenditures at the prior fiscal year’s levels.

President Joe Biden delivers remarks about his FY2024 budget proposal in Philadelphia, PA on March 9, 2023.
President Joe Biden delivers remarks about his FY2024 budget proposal in Philadelphia, PA on March 9, 2023.
  • News

Biden Releases FY2024 Budget Proposal

The White House’s FY2024 budget proposal is out and includes the “LIHTC Fix.”