Budget Brief 17-23
December 26, 2017
Summary 

Congress approved—and the president signed—a third continuing resolution (CR) for fiscal year (FY) 2018 that will keep the federal government operating until January 19, 2018. The CR:

  • appropriates short-term mandatory funding the Children’s Health Insurance Program (CHIP), Community Health Centers, and a few other programs
  • prevents the new tax law from triggering mandatory spending cuts
  • rescinds $750 million from the Prevention and Public Health Fund in FYs 2019-2022
  • maintains the -0.6791% across-the-board (ATB) rescission for most discretionary programs included in earlier CRs

This Budget Brief highlights key provisions of the CR. Table 1 shows annualized funding for major grants under it.