The FY 2017 Conference Committee report released yesterday reconciles the House and Senate budgets while assuming $750 million less in tax revenue than previous spending plans. This analysis outlines the Conference Committee plan for balancing the budget in light of reduced tax revenues and highlights areas of concern as we start the fiscal year. The Foundation will produce a more in-depth review of the Conference budget next week.
June 30, 2016
FY 2017
Initial Analysis of the FY 2017 Conference Report
The FY 2017 Conference Committee report released yesterday reconciles the House and Senate budgets while assuming $750 million less in tax revenue than previous spending plans. This analysis outlines the Conference Committee plan for balancing the budget in light of reduced tax revenues and highlights areas of concern as we start the fiscal year. The Foundation will produce a more in-depth review of the Conference budget next week.