Shortly before midnight on October 27, the White House in conjunction with House and Senate leadership announced a bipartisan two-year budget deal that would lift sequester caps for defense and non-defense discretionary (NDD) programs, which includes federal education programs. The Bipartisan Budget Act of 2015 would increase NDD spending by $25 billion in FY 2016 and by $15 billion for FY 2017. There was also an increase of $8 billion to the Overseas Contingency Operations (OCO) account for both 2016 and 2017.
Inside the Beltway
What’s going on in Washington?
While the dark cloud of a potential government shutdown loomed over Washington, House and Senate leadership were meeting behind closed doors to make a deal on the budget. They’re calling it the Bipartisan Budget Act of 2015, and it raises the current ceiling for spending allowing Congress to give more money to programs across the board. The act passed both chambers while most of us slept in the small hours of the morning last Tuesday (the House) and Thursday (the Senate). (more…)