The Approps Drop
Tracking the legislative battles, political dynamics and funding decisions that shape how the federal government allocates taxpayer dollars across agencies, programs and priorities.
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The Approps Drop
The week of June 22 was marked by significant disruption to the appropriations process. In the Senate, appropriators were expected to begin fiscal year (FY) 2027 markups but postponed once again due to the continued absence of Defense Appropriations Subcommittee Chairman Mitch McConnell. In the House, a series of setbacks derailed consideration of both the Energy and Water Development (EWD) and National Security, Department of State, and Related Programs (NSRP) bills.
The Approps Drop
The Trump administration’s Fiscal Year (FY) 2027 defense budget request represents a historic high watermark and a significant increase from the FY 2026 defense funding level enacted into law—both in raw dollars and in structure. Clients with defense equities should understand both the numbers and the funding mechanics, both of which carry significant implications for authorization (National Defense Authorization Act (NDAA)), appropriations (discretionary federal funding) and the potential for a defense reconciliation process (mandatory spending).
The Approps Drop
During the week of June 8,both the Labor, Health and Human Services, Education and Related Agencies (LHHS) and Homeland Security (DHS) bills were passed out of full committee in the House and the Defense appropriations bill held a classified subcommittee session. We will see an open full committee markup on June 24 after next week’s House recess.
The Approps Drop
The week of June 1 marked forward progress in the House and a lack of progress in the Senate. The House passed the Interior and Transportation, Housing and Urban Development (THUD) bills out of full committee and unveiled its Labor, Health and Human Services, Education and Related Agencies (LHHS) and Homeland Security (DHS) bills for subcommittee markup. We will see reports for those bills released on June 8 and June 9 respectively. The House also considered its second appropriations bill on the floor. The Agriculture/Food and Drug Administration (FDA) bill passed by a vote of 213-210, with just four Democrats voting for the measure. Not nearly as bipartisan as MilConVA.
