This week, Congress released the FY14 Omnibus Appropriations Bill. The Omnibus Appropriations Bill includes all 12 regular appropriations bills. The Omnibus Bill sets regular appropriations for discretionary spending at $1.012 trillion, meeting the cap set under the House-Senate Budget agreement reached last October during the federal government shutdown.
An additional $98 billion not subject to the cap will be used mostly for Defense spending and disaster relief. The House passed the bill on Wednesday, and the Senate is expected to pass it by the end of the week.