The House passed a continuing resolution (CR) for FY 2013 by a vote of 329-91 that would largely hold government spending at levels set in 2012. The $1.047 trillion spending measure would fund the government through March 27, 2013. The Senate is expected to take up and pass the CR this week.
By providing regular discretionary accounts equal to the annualized amount they received in FY 2012, plus .612, the CR will not have a significant impact on the funding levels for most federal construction accounts. The CR’s most direct impact on the construction industry is the general prohibition on federal agencies from beginning work on new and necessary projects and the underfunding of highway and transit investments provided in MAP-21.
The AGC-led Transportation Construction Coalition sent a letter to the House and Senate expressing our disappointment with transportation funding and we have begun our effort to push Congress to recognize the impact of short term funding bills on new start projects and the certainty needed to build confidence in federal construction.
For more information, please contact Sean O’Neill at (202) 547-8892 or oneills@agc.org.
Associated General Contractors of America