Dear Research Advocate: Congressional leaders have reportedly negotiated a new, two-year budget deal with the White House that would raise the non-defense budget cap by about $37 billion and the defense cap by about $54 billion in FY18, and raise the FY19 caps by the same amounts. With the current continuing resolution (CR) expiring next Friday, December 8, another CR seems all but certain. The question remains whether congressional leaders will: 1) use this CR to give themselves an extra week or two to finish up negotiations on a budget deal and a subsequent omnibus package, or 2) settle on a longer CR that delays budget decisions until January, February or even later next year. A third...

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