FOR IMMEDIATE RELEASE
Media Contact:
Pheniece Jones
Director, Media Relations
703.875.8974
media@pscouncil.org
| PSC Welcomes Enactment of Fiscal Year 2022 Appropriations, Warns of Another Continuing Resolution Later This Calendar Year |
Arlington, Va. (Mar. 17, 2022) The Professional Services Council (PSC) welcomed the enactment of the omnibus Fiscal Year 2022 (FY22) Appropriations legislation signed by President Biden. The $1.5 trillion package funds government operations through September 30, 2022, including all spending under the continuing resolutions (CRs) that were in place since last October 1.
“For nearly six months, federal agencies have been constrained by a series of CRs and by the uncertainty over whether or when appropriations would be provided. This legislation enables agencies to keep operating, including funding for the contractors that provide essential support,” said PSC President and CEO David Berteau. “We all know that stable funding, especially during periods of inflation, leads to timely contracts that deliver improved results for the government, sooner and at better prices. However, the stability of this omnibus appropriations will likely be short-lived.”
“The appropriations bill just enacted covers only FY22, and there is no agreement on funding levels for the next fiscal year, starting October 1 of this calendar year. Recent history tells us that we are likely to start FY23 under yet another CR, returning government to needless constraints, instability, and uncertainty,” continued Berteau. “We need a government that functions better, and for that we need full-year appropriations that are passed on time. There is no benefit from CRs. The White House knows it, Congress knows it, and industry would agree. That is why PSC will continue to push for on-time, full-year appropriations enacted before the start of the next fiscal year to fund much needed projects and programs in national security, infrastructure, cybersecurity and systems modernization.”
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