FY 2009 Ominibus Bill
The fiscal 2009 omnibus spending package that was passed in the House last Wednesday calls for a total budget of $36.62 billion for the State and Foreign Operations, of which $16.82 billion would go to PFDA (Poverty-Focused Development Assistance) according to Bread’s preliminary calculations. This represents a $1.39 billion increase in PFDA over 2008 levels. Almost every single account within PFDA received an increase and USAID Operating Expenses received almost a $179 million increase over fiscal year 2008. This will allow them to continue with their Development Leadership Initiative to hire more capable development expertise and build USAID capacity. The omnibus also brings new attention to agriculture, increasing the funding for agriculture development by nearly $100 million to total $375 million. The bill also includes a $75 million food security fund and calls for the Administration to develop a full Global Food Security Strategy “specifying the intended country beneficiaries, amounts of funding, types of activities to be funded, and expected quantifiable results.”
President Obama also released his budget blueprint for fiscal year 2010 last Thursday, announcing a $4.5 billion increase over fiscal year 2009 for the State and Foreign Operations including emergency spending. A more detailed budget will likely not be released until mid-April.
TrackBack URL for this entry:
Listed below are links to weblogs that reference FY 2009 Ominibus Bill: