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Congress Prepares for the President’s Budget

March 24, 2022

Congress is only a couple weeks removed from passing the $1.5 trillion government spending bill but is already anticipating the official release of the President’s Fiscal 2023 Budget request next week. The release of the President’s Budget request traditionally kicks off the annual appropriations season on the Hill and although Congress ultimately decides the size and scope of the final bill, it serves as a blueprint to understand the Administration’s policy priorities. With Democrats’ human infrastructure package stalled for the time in Congress, the President’s Budget framework will help set the policy agenda for the rest of the legislative session. Lutheran Services in America will be on the look out to see how much funding the Administration is requesting for home and community-based services and workforce development.

While Congress awaits the President’s Budget framework, other major developments included:

  • The response to Russia’s invasion of Ukraine: President Biden arrived in Europe for an emergency NATO Summit and announced a new round of sanctions.
  • The Senate Judiciary Committee held the Confirmation hearing for Judge Ketanji Brown Jackson to be an Associate Justice on the U.S. Supreme Court.
  • The Administration announced that the U.S. would accept 100,000 Ukrainian refugees through family-based visas and humanitarian parole, as well as some through the U.S. refugee program
  • The Securities and Exchange Commission (SEC) proposed a rule to require companies to report on how their operations affect the climate and the formation of carbon emissions.