Federal Managers Association
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- Update on Government Funding & Pay Raises - January 19, 2024
Yesterday, January 18, 2024, Congress approved another continuing resolution (CR) that averts a partial government shutdown and keeps federal agencies funded into March 2024. Funding for the departments of Veterans Affairs, Agriculture, Transportation, Housing and Urban Development, and Energy, has been extended through March 1. Funding for all other agencies has been extended through March 8. The Senate approved the measure by a vote of 77-18 and the House followed with a vote of 314-108.
As we noted in last week’s Washington Report, congressional leaders negotiated an agreement on a $1.66 trillion topline for Fiscal Year 2024 and appropriators are working to allocate that amount across the 12 traditional spending bills. They expect to use the time provided by the current CR to complete that effort. If Congress extends a CR into May, it would trigger automatic across-the-board cuts to all agencies, as provided for by last year’s debt ceiling bill. The Federal Managers Association will keep you posted of all major developments related to FY 2024 funding.
Finally, the 5.2 percent civilian annual pay adjustment enacted for 2024 is a must-pay and not linked to any of the appropriations bills or the three CR’s. It should have taken effect on January 14 for civilian employees. Please advise if you have any concerns with implementation of the 2024 pay adjustment.
Thank you for your membership in FMA. We value your service to the country and the association.