President Trump released his FY2019 budget request on Monday. Please find a NATaT report summarizing document here.
Please note: The President’s $4.4 trillion budget request was finalized before the Bipartisan Budget Act (BBA) of 2018 was signed into law on February 9, 2018. The BBA raises spending caps for defense and non-defense discretionary funding by nearly $300 billion for fiscal years 2018 and 2019. The President’s budget request calls for $716 billion in defense spending for FY 2019, in line with the recently enacted BBA, while calling for $540 billion in non-defense discretionary spending for FY 2019, $57 billion below the new cap level set by the BBA.
President Trump’s FY 2019 budget request is certain to face opposition from lawmakers in both parties who will resist chopping favored programs (CDBG, TIGER) and agencies (Economic Development Administration, Institute for Museum and Library Services). House and Senate appropriators also have made clear that they, rather than President Trump, will be shaping the appropriations bills needed to fund the government. Markups of the twelve FY 2019 appropriations bills will likely begin in earnest in April and May 2018. Congress will also likely pass a FY 2018 omnibus appropriations bill prior to March 23, 2018 (when the current Continuing Resolution expires), to fund the federal government through September 30, 2018 at the increased funding levels set by the BBA.
Please let us know if you have any questions related to the FY 2019 budget request.