April 3, 2009—Yesterday, the House of Representatives and the Senate passed their respective FY2010 Budget Resolutions, paving the way for Congressional leadership to work on a final resolution. The House vote was 233-196 and the Senate vote was 55-43; both votes were divided largely along party lines. The budget resolution provides only a rough outline of funding areas, though it does deal specifically with all the programmatic funding levels.
The House resolution provides $533 billion for non-defense discretionary funding, with $88.7 billion in discretionary funding for the Function 500 account for Education, Training, Employment, and Social Services. The Senate resolution provides $525 billion for non-defense discretionary funding, with $89.4 billion in discretionary funding for the Function 500 account for Education, Training, Employment, and Social Services. Both resolutions set a Pell Grant maximum level of $5,550 in FY2010 and include a deficit-neutral reserve fund to allow for Pell Grant increases in line with those proposed in President Obama’s budget.
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Wednesday, April 15, 2009
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