---
title: Diving Into the Federal Spending Legislation Landscape
description: We've assembled an update on Federal spending legislation and an update on the FY 2023 budget request process.
---

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# [Diving Into the Federal Spending Legislation Landscape](https://hub.redteamconsulting.com/red-team-blog-posts/2022/03/09/federal-spending-legislation-landscape)

 Written by [Tris Carpenter](https://hub.redteamconsulting.com/red-team-blog-posts/author/tris-carpenter) | Mar 9, 2022 4:55:31 PM

Our General Manager of Strategic Growth, [Tris Carpenter](https://redteamconsulting.com/team/tris-carpenter/), has assembled an update on Federal spending legislation churning its way through Congress. Congressional leaders are (hopefully) reaching a bipartisan deal this week on a $1.5 trillion spending measure to finance Federal agencies for the remainder of Fiscal Year 2022. Included within this measure will likely be $13.6 billion in emergency aid for Ukraine and $15.6 billion in spending for vaccines, testing, and treatments for COVID-19. In addition, we share an update on the FY 2023 budget request process and the President’s four-point economic rescue plan.

Here are some fast facts on everything you need to know about the current Federal spending legislation landscape:

###### **FY 2022 Budget Appropriations**

- More than five months into this fiscal year, and the White House is still waiting for Congress to pass a FY 2022 budget
- Congress has previously passed three stopgap bills to further keep funding at existing FY 2021 levels since October 1st
- Washington now faces a Friday, March 11th deadline to fund federal agencies and avoid a government shutdown
- Stopgap measures lead to constant stop-and-start contract cycles; creating inefficiency and disruption for individual Federal contractors which rely upon steady, dependable federal funding
- Agreement will need to address diminishing agency purchasing power and rising Federal contractor costs as inflation increases

###### **Pandemic and Ukraine Aid Package**

- Congress is debating ~$13.6 billion in emergency humanitarian, military, and economic assistance for Ukraine; including ~$6.7 billion to cover deployment of U.S. troops to NATO countries, increase intelligence and cybersecurity support, and replenish the supply of military weapons
- Emergency aid would also include ~$15 billion in spending for additional vaccines, oral antivirals and monoclonal antibodies, testing, as part of the new coronavirus response strategy
- Attempting to append both measures in a catchall $1.5 trillion spending measure to finance Federal agencies for the remainder of Fiscal Year 2022

###### **FY 2023 Budget Appropriations**

- With the State of the Union address, the annual President’s budget request formulation for FY 2023 has started this month
- Expected to ask Congress for a $770+ billion defense budget for FY 2023 as the Pentagon seeks to modernize the military
- White House has not said when the President will send the FY 2023 spending proposal to Congress, however it will likely be mid-April at the earliest

###### **Build Back Better (Reconciliation Bill)**

- House passed a scaled-down $1.75+ trillion bill (CBO appraised at $2.3 trillion) and sent to the Senate on November 19th; however, it was rejected by a key Democratic senator
- President has shifted from the Build Back Better bill to a four-point economic rescue plan; calling for reforms on housing, education, and climate; includes moving goods cheaper and faster; reducing everyday costs; promoting competition; and eliminating barriers to jobs

[View full post](https://hub.redteamconsulting.com/red-team-blog-posts/2022/03/09/federal-spending-legislation-landscape)

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