U.S. Congress

House Extends Federal Budget, Senate Set to Act Next Week

On January 31, the House passed a continuing resolution to fund the federal budget for the rest of the current (2007) fiscal year (which lasts through Sept. 30) at the same levels as fiscal year 2006. The federal budget is generally funded through eleven separate appropriations bills, but the Republican-led 109th Congress was unable to pass nine of those, making it necessary for Congress to pass a resolution "continuing" last year's budget.

Lobbyist Business Booms as Oversight Hearings Start

The House Committee on Oversight and Government Reform is holding hearings on "waste, fraud, and abuse of taxpayer dollars"; topics include Iraq reconstruction, Homeland Security contracting, and prescription drug pricing. Companies called to testify are "scrambling to hire lobbyists with Democratic ties," reports Bloomberg.

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