Appropriators Reach Agreement on FY24 Spending Allocations
Published February 05, 2024
By AACOM Government Relations
Advocacy Appropriations Federal Policy OME Advocate
- On January 26, 2024, Senate Appropriations Chair Patty Murray (D-WA) and House Appropriations Chair Kay Granger (R-TX) reached a deal on joint House-Senate allocations for each of the twelve FY24 spending bills.
- This progress allows appropriators to begin looking at finer policy and funding points for each of the individual bills ahead of the March 1 and March 8 continuing resolution (CR) deadlines.
- It is not yet clear how the $1.66 trillion in spending, with $886.3 billion for defense and $772.7 billion for nondefense programs, will be distributed.
- Although appropriators should have time to work through final bills by March, significant hurdles remain, particularly the lack of agreement on policy riders. Speaker Mike Johnson (R-LA) has vowed House Republicans would fight for policy wins in the appropriations process, while Democrats say they will not accept any new riders.
- It is also likely that the bills will be packaged into three or four minibus bills to avoid an omnibus. While a full-year spending bill has the potential to pass the Senate, it would be met with strong opposition by House Republicans. The last CR barely had a majority of Republicans vote for it, and any deal that does not have substantial Republican victories could be a tough sell for the Speaker.