What the 'cromnibus' would mean for federal community development programs
On Tuesday, the House released its plan to fund the federal government for the next fiscal year. The bill is part omnibus, part continuing resolution—hence the nickname “cromnibus”—and sets discretionary federal spending at close to $1.01 trillion for the rest of fiscal year 2015. The House is expected to take up passage of the bill by tomorrow and the Senate is expected to follow soon after, in hopes of avoiding a potential federal shutdown when the current funding bill expires this week.
The good news is that nearly all federal community development programs would be funded as part of this bill. The bad news is that the majority of those programs would face cuts of some kind.