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Congress Faces Crunchtime Over Spending Cuts

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Playbook: “Summer recess is here: The House and Senate both left town Thursday, leaving a very long to-do list behind. Expect to hear plenty more about that as August rolls on — including the rising threat of a government shutdown later this year.”

Wall Street Journal: “Avoiding a government shutdown is only one of the must-do items before the fiscal year ends Sept. 30. Congress must also reauthorize the Federal Aviation Administration, pass a farm bill and reauthorize the National Flood Insurance Program so that home sales in flood-prone areas can continue. The House is due to return Sept. 12 and has four-day legislative sessions for each of the three weeks before Sept. 30. The Senate is due to return Sept. 5.”

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