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Publication Date: September 2003
Publisher: Library of Congress. Congressional Research Service
Author(s):
Research Area: Banking and finance; Government
Type:
Abstract:
This year Congress begins providing in a single bill appropriations for the Departments ofTransportation and theTreasury, the United States Postal Service, the Executive Office of the President, and Related Agencies, as well as General Government provisions.
On February 4, 2003, President Bush presented his FY2004 budget request to Congress. It requested $85.9 billion. On September 9, the House passed H.R. 2989, the FY2004 Transportation, Treasury and independent Agencies Appropriations bill, which provides $85.8 billion. The Committee’s major change from the Administration’s request was to recommend an additional $4.4 billion in highway spending (another major change, the deletion of the $3.4 billion for grants-in-aid to airports, was a procedural change; funding may be restored in conference). On September 4, the Senate Appropriations Committee marked up its version of the bill(S. 1589); theCommittee recommended $90.0 billion, adding $4.5 billion in highway funding to the Administration’s request.