Federal agencies are currently operating under a short-term continuing resolution to fund the federal government through Friday, December 16, 2022. Regrettably, negotiations on an omnibus appropriations bill to fully fund Fiscal Year 2023 remain at a standstill due to disagreements over top-line numbers. FY 2023 began more than two months ago, on October 1, 2022.

It is unclear what the path forward will look like, although the picture will become clearer as the week progresses. We have heard suggestions of a stopgap bill that would maintain current spending levels through the end of FY23 is in the works as a “last resort” to avert a shutdown if an agreement on an omnibus cannot be reached.

FMA continues to urge Congress to do its job and provide appropriations to all departments and agencies and prevent a harmful government shutdown. A long-term CR, while preferable to a shutdown, would further hinder the ability of the government and the military to plan for the remainder of FY23. A CR would not account for inflation, would reduce our buying power, increase costs to all taxpayers and the government, and result in losses of billions of dollars.

We will keep you apprised of developments regarding FY 2023 appropriations as they happen.