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Chris Frates On Power, People And Influence From Capitol Hill To K Street

What You Need to Know About the CR

By Michael Catalini // September 11, 2012 | 7:57 a.m.

Our colleagues at National Journal Daily, report Republicans in Congress agreed to the $1.047 trillion stop-gap budget measure--which you might know as the continuing resolution--to avoid a spending battle during the lame-duck session. Here's a look at some keys aspects of the CR. Subscribers can read more here.

-The annual rate of the CR is $26.6 billion below last year's level.
-Funding for the Federal Emergency Management Agency's Disaster Relief Fund stays flat at $6.4 billion.
-$88.5 billion goes toward war-related funding, the amount requested by the White House.
-New projects and programs will go unfunded.
-There will be no new policy riders.