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Nancy Ognanovich, senior congressional correspondent at Bloomberg Government, discusses developments in the budget debate, and how the next few months could play out.

With less than five months remaining until the end of the fiscal year, the clock is ticking for Congress to allocate funding for FY20. That is easier said than done, as issues like budget caps and border security are looming over this year’s negotiations. Nancy Ognanovich, senior congressional correspondent at Bloomberg Government, says that in the grand scheme, there’s not much time left.

 

“There are now only 33 working days left between now and the end of the fiscal year, because their August recess is coming up fast,” Ognanovich said. “There isn’t that much time and McConnell knows if they don’t cut a deal very soon, the Senate Appropriations Committee can’t start moving their bills whereas the House already has their bills out of committee and they are coming to the floor.”

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