Legislative Update: President Obama Signs Legislation Funding Government Programs through FY 2013 March 2013

On March 26, 2013, President Barack Obama signed legislation (P.L. 113-6, Consolidated and Further Continuing Appropriations Act, 2013), funding government operations for the remainder of fiscal year (FY) 2013, through September 30. The U.S. Senate and House of Representatives had approved it on March 20 and 21 respectively. The bill reflects the impact of the sequester, providing approximately $64.9 million for ARC for FY 2013, a reduction of roughly 5 percent from the pre-sequester funding level of $68.6 million.