Sorry Lee Corso, only phrase I could think of.....
FY 09 Omnibus has hit a bumpy road. Majority Leader Reid will allow more debate, i.e. he doesn't have the votes to halt debate and hence push a final vote on the package until next week.
The CR currently funding government will expire soon, so both House and Senate today voted to extend current funding through next Wednesday.
So what does that mean for higher education? Well, right now it's unclear. If the Senate amends the bill voted out of the House and the bill returns to the House for a vote, there could be some changes. Speaker Pelosi has stated that if the Omnibus returns to the House amended, she might just move to pass the CR for the remainder of the year--and the proposed increases noted below would go away. This is important because unlike the stimulus dollars, the FY 09 bill sets the base funding levels for agencies that will carry forward.
Stay tuned kids.
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