FY 2020 Appropriations Stop-Gap Includes Rescission Fix
In order to make the budgetary math work, the 2015 FAST Act included a $7.6 billion rescission in it that was to take effect at the end of the authorized FAST Act. Previous transportation bills have included similar provisions. The thought process being that when the day of reckoning comes, Congress will take steps to reverse the rescission for fear if they do not, States and transit agencies will lose billion of dollars of expected transportation funds. With the day of reckoning quickly approaching, transportation policy leaders have been calling upon Congress to reverse the rescission. It appears that their calls will be answered. With the FY 2020 appropriations process still in limbo, Congress will look to pass a temporary stopgap that will fund the government through December. That legislation will also carry with it a repeal of the $7.6 billion rescission. Much to the delight of State DOTs and transit agencies. The stopgap will be voted by the House this week, where it is expected to pass, and then will move to the Senate where passage is also expected.