Podcast: Private Fund Regulatory Update: Post-U.S. Government Shutdown
III-39 - 2nd Anniversary Special Episode
Podcast: Keeping Up with Recent Changes and Trends in Private Fund Regulation
WHAT: The March 14 funding deadline is fast approaching, and it is increasingly likely that the federal government may shut down. Although the House narrowly passed a funding bill this week, the Senate has signaled that it...more
Given the impending deadline of March 14, 2025, for Congress to pass a budget or another continuing resolution (CR) (and the president signing same), coupled with the recent happenings in Washington, D.C., we thought it would...more
Most eyes and ears are on Capitol Hill Friday as we waited for a spending bill to be approved ahead of midnight, to prevent a government shutdown. If the government shuts down, it will impact government contractors. In this...more
WHAT: The odds of a federal government shutdown occurring have increased substantially after a gridlocked Congress, spurred by the incoming Administration, has been unable to reach an agreement on a continuing resolution, and...more
Even though the new Trump administration is yet to take office, Elon Musk has already begun to exert his muscle as the co-leader of the proposed Department of Government Efficiency (DOGE). The federal spending bill had been...more
Once again, the specter of a government shutdown looms over the federal contracting community. The federal government is set to run out of funding on December 20 due to an impasse during final negotiations over added...more
A version of this blog post was originally published in September and then published again in January. Funding for several federal agencies will run out Friday night, with funding for the remaining agencies expiring March 8,...more
Although a government shutdown was averted in September, the stopgap funding bill lasts only through November 17 – meaning that the federal government will shut down if Congress cannot reach an agreement by then. How will...more
With approximately one hour to spare, Congress passed a temporary spending bill which allows the federal government to continue to operate for 45 days, averting what would have been the third government shutdown in the last...more
If Congress does not reach a budget agreement by September 30, 2023, the federal government will shut down October 1. Below is a brief overview of the potential immigration impact based on how government agencies operated...more
Shutdown Showdown. Rather than hurtling into a federal government shutdown, this week has been more of a slow, gradual, depressing slide into the shutdown, as it became apparent this week that last-minute measures to keep the...more
Each year, Congress passes annual appropriation bills to continue funding federal agencies and federal programs through the next fiscal year. As of today, with the new fiscal year looming on October 1, 2023, Congress has yet...more
The US Congress must agree on a new budget by midnight on September 30, 2023 to support the US federal government’s new fiscal year on October 1. With a shutdown appearing to be on the horizon, countless federal programs will...more
September 30th represents a number of things, the end of September, entry into Autumn, and, most critically, the end of the Federal Government’s fiscal year, to name a few. As such, the Government must have a budget in place...more
Once again, the threat of a government shutdown looms over federal contractors and grantees. If Congress does not pass a continuing resolution or other funding legislation before midnight on Saturday, agencies will lack...more
Funding for the 2023 fiscal year will expire on September 30, 2023 at 11:59 pm EST. If Congress does not enact a new appropriations law, portions of the government will shut down. A shutdown will affect federal contracts...more
The government shutdown clock strikes “zero hour” on September 30, and government contractors and federal fund recipients are once again left wondering what will happen. We have been writing these alerts and client updates...more
The continued operation of the U.S. Government depends on an annual cycle of the House, Senate, and President agreeing on spending. The President submits the annual budget request to Congress, the House and Senate each work...more
Introduction - Current federal funding expires this Saturday. As we approach the deadline, it is looking less likely that Congress will pass a continuing resolution, a short-term stopgap measure, to avoid a government...more
If Congress cannot approve a budget by October 1, the federal government will shut down. What will this mean for employers across the country? A look back at the most recent government shutdown will provide lessons on what...more
The federal fiscal year for 2024 (FY 2024) begins on Oct. 1, 2023, and if appropriations bills have not been enacted before that date or a temporary funding measure – known as a continuing resolution (CR) – has not been...more
Funding Update: Shutdown Looms. How—and when—the federal government will be funded after September 30, 2023, continued to be the main focus of our elected members of Congress this week. Of course, attention is now primarily...more
The end of the federal fiscal year is rapidly approaching with no compromise in sight. Unless an appropriations bill or continuing resolution is passed by Congress before Oct. 1, a lapse in appropriated funds will occur,...more
Editor's Note: The last time we faced an impending government shutdown, our Government Contracts Group posted a blog regarding what contractors should do in the event of a shutdown. That post has been updated below...more