December 04, 2020 - No Comments!

Bipartisan Budget Agreement 2019

The date of the BBA 2019 agreement also means that Congress can theoretically adopt defenses before the start of the fiscal year on October 1. This would be the first time since the 2004-2005 GJ that the defence would benefit from two consecutive years of appropriations stopped prior to the start of the fiscal year. And because it`s a two-year budget deal, it means that Congress may also be able to deliver the funds in time for GJ 2021, which would be the first time in at least 50 years that defence has had one-off resources for three consecutive years. However, simply reaching a budget agreement does not guarantee that the budgetary procedure will proceed smoothly. For example, while a budget agreement was already in effect months in advance for GJ 2019, some parts of the federal government did not have timely resources and experienced a prolonged loss (i.e. a partial government shutdown) for part of the year. DenK`s 2019 budget request plans to transfer $53 billion of OCO funds into the core budget. The GJ 2020 budget request moved $98 billion of core funds into the OCO budget. These include $9 billion in emergency assistance for the construction of border walls and hurricane relief and restoration. A2: BBA 2019 marks the fifth budget agreement to adjust the budget caps imposed by the BCA, starting with the American Taxpayer Relief Act (ATRA) of 2012. As a two-year contract that increases spending limits on defence and non-defence, bbA 2019 follows the model established by three previous agreements: the Bipartisan Budget Act of 2013 (BBA 2013), the Bipartisan Budget Act of 2015 (BBA 2015) and the Bipartisan Budget Act of 2018 (BBA 2018). The budget ceiling for the GJ 2019 was raised from the original ceiling from $562.1 billion to $647.0 billion by the Bipartisan Budget Act of 2018. OCO and supplementary emergency funding does not rely on budget caps.

A4: The BBA 2019 budget agreement is effectively the end of the BCA for defence. It adjusts the ceilings until GJ 2021 (the last year of discretion ceilings) to a level that both parties in Congress and the White House have deemed acceptable. While technically, a sequester could still be triggered in the event of a breach of the ceilings, it is very unlikely that Congress will issue appropriations that run counter to the newly agreed ceilings.

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