- Created: Thursday, 09 July 2015 10:19
- Written by Libby Murphy
This summer, the U.S. House and the Senate Appropriations Committee has each passed a Fiscal Year 2016 Transportation, Housing and Urban Development (THUD) bill that severely under-funds needed housing programs. Both bodies were forced to make drastic cuts in order to to adhere to the 2011 Budget Control Act spending caps.
Until a sequester relief deal is struck, appropriation committees in both the House and Senate are adhering to the spending caps. In the meantime, Senate Democrats plan to block full Senate floor consideration of both the House and Senate bills. President Obama has threatened to veto any spending bill that uses sequestration spending caps.
Click on the chart to see detailed House and Senate proposed funding for select HUD programs. Read below for more analysis and policy updates in the two bills.