Congress
continues to make progress
in passing the remaining
FY'02 federal agency appropriations
bills, now over two months
overdue. The DOT bill was
completed late last week.
The major funding bill
still being developed is
the bill for the Department
of Defense, which is being
used as a vehicle for $20B
in emergency disaster relief
spending. Debate continues
over the best way to stimulate
the economy, but with less
emphasis now on infrastructure
spending as a mechanism.