Congress unlikely to pass budget on time

congressclockCongress is running out of time to pass a budget, and the likelihood of it doing so by the start of the fiscal year on Oct. 1 is looking slim. “The House has passed only five of the 12 required appropriations bills while the Senate is batting zero on them,” the Concord Coalition reported. The fiscal watchdog group warned: “Failure to act in a timely manner risks another costly government shutdown or one enormous and unwieldy omnibus bill that lumps all unfinished business together.”