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Monday, November 17, 2014

Here comes an additional $15B short term...


Roll Call reporting on some post election emergency funding bills that are making their way through the "sausage grinder".

Emergency Spending Requests Weighed in Omnibus Talks
House Appropriations Chairman Harold Rogers, R-Ky., told CQ Roll Call that staffers have been “scrubbing” a pair of emergency funding requests the White House submitted last week. They proposed $6.2 billion to fight the Ebola outbreak and $5.6 billion for operations against the Islamic State terrorist group.
Omnibus negotiators are also weighing a $3.7 billion emergency spending request dating back to the summer to manage the surge of child migrants at the Southwest border.
So looks like about $12B on the way to bring some doom on both the Ebola and ISIS and another additional $3B to quell some chaos on the U.S. southern border.

This compared to the average of $350B or so that the U.S. government typically spends on a monthly basis; so an additional 4.3% of this typically monthly total seems to be imminent.

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