Last night, House and Senate negotiators released the legislative text for the government’s newest spending bill, dubbed the “Cromnibus.” The bill authorizes the government to spend $1.01 trillion on discretionary programs between now and September 30, 2015. The total spending level honors last year’s Ryan-Murray budget deal, but also makes a number of important changes to federal law.
These changes include:
Environmental Protection Agency (EPA): The EPA’s funding was cut by $60 million over last fiscal year. The agency’s budget has been cut by 21 percent since fiscal year 2010.
Department of Homeland Security (DHS): Following President Obama’s executive action on immigration, Republican sought to limit funding for DHS. According to the deal, DHS is only funded through February. The incoming Congress will need to fund the agency for the remainder of the fiscal year.
Internal Revenue Service (IRS): The IRS’ budget is cut by $345.6 million.
ObamaCare: The bill does not cut funding to ObamaCare implementation, but it also does not include any new funding to the Department of Health and Human Services and the Internal Revenue Service, the two agencies with primary implementation responsibilities. The bill also limits ObamaCare’s risk corridor provision, which provided a bailout to insurance companies.
Marijuana: The District of Columbia voted overwhelmingly in November to legalize marijuana. The Cromnibus halts the legalization process.
Yucca Mountain: The bill continues funding for the proposed nuclear storage site. Earlier this year, the Nuclear Regulatory Commission confirmed Yucca Mountain’s safety.
Overseas Contingency Operations: The budget deal also provides $64 billion in funding for military operations, including $5 billion for the fight against ISIS. The $64 billion is in addition to the $1.01 trillion in discretionary spending.
Internet Tax Moratorium: The federal moratorium on state and local internet taxes continues for one year.