Recent reports have brought to light that Republicans may have put several offers on the table in spending negotiations, as the current Continuing Resolution expires on February 8. One such proposal is to raise the spending caps by $80 billion for defense and $63 billion for nondefense, more recently, however, that proposal has reportedly changed to provide less of an increase for nondefense.
While an increase would likely be beneficial to HUD, it’s possible that much of the increase goes towards transportation infrastructure, which would be in line with President Trump’s infrastructure plan to incentivize a now $1.5 trillion investment (increased from $1 trillion during the President’s State of the Union Address on January 30th).
The spending caps are the product of the Budget Control Act of 2011 (PL 112-25) – without an agreement, the law would reduce spending to $549 billion for defense and $516 billion for nondefense.
