The Budget Outlook for Maritime Programs for FY2014
We are halfway through Fiscal Year 2013 ("FY2013") and some of the budget details and spending plans for federal maritime agencies are still unresolved. In the meantime, the President has submitted his budget request for FY2014 and Congress is debating its outcome. Sequester cuts and fights over whether the sequester should continue into 2014 are continuing. The outlook for a grand bargain over the budget between the President and Congress does not look positive at the time of this writing. (View PDF to read the rest of this article)
This article co-written by Joan M. Bondareff, of counsel at Blank Rome, is one in a series of articles written for Blank Rome Maritime's quarterly Mainbrace newsletter. To view the other articles in the June 2013 edition of Mainbrace, please click here.