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Spending Outlook November 22, 2002
Preliminary discussion with Congressional staff indicates that
federal spending for many non-defense domestic programs - including
agricultural and Farm Bill programs - may be on the chopping block when
the new Congress convenes in January. Although the individual
Appropriations Subcommittees have not yet been given budget allocation
instructions, it is believed that all 11 of the individual 2003
Appropriations bills that were in various stages of consideration when
Congress adjourned will be reintroduced in the new Congress with
instructions that overall spending levels be reduced. One thing is
certain, the first few weeks of January should see considerable action
since the Continuing Resolution enacted to keep the government running is
set to expire on January 11th. Congress will either have to act on another
stop-gap spending resolution or enact all 11 spending bills, most likely
wrapped up in one single omnibus bill to send to the White House.
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