#KEM with top defense budget experts continues to monitor the start of FY 2107 on 1 October with DoD and the wider federal government’s funding from yet another continuing resolution (CR) through the opening months of the fiscal year.
Congress approved a simple stop-gap budget measure, the CR, on 28 September 2016 to keep DoD funded when FY 2017 began on 1 October. The timing of this CR creates even more constrained and uncertain budget conditions further impacted by the ongoing impacts of sequestration, the November elections, and the inauguration and change of administrations in January 2017 with the attendant turnover of key personnel.
So What is a Continuing Resolution & Why Does it Matter?kem-defense-quarterly_oct-2016
(Feature Image, “Today’s Word” Source: www.whitehouse.gov)