April 20, 2026
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4:01Now PlayingHenrietta Treyz, Co-Founder at Veda Partners, discusses the economic impact of Strait of Hormuz uncertainty, as well as legislation that Congress is focused on this week.
House Republicans will send their first funding bills for the next fiscal year to the floor this week, while the Senate GOP plots a blueprint for patching up missing money for the current one.
The House Appropriations Committee is scheduled to mark up two of its proposed fiscal 2027 spending packages starting Tuesday covering Financial Services-General Government programs as well as Military Construction-Veterans Affairs.
Republicans by voice vote advanced the package for the Department of Veterans Affairs out of its subcommittee Friday morning. That bill would boost that agency’s funding over enacted levels, one of the few parts of the government for which Republicans hope to increase resource as President Donald Trump seeks broad domestic cuts.
Democrats abstained from voting on the bill, which is often one of the more bipartisan of the 12 sections of discretionary spending. Rep. Debbie Wasserman Schultz (Fla.), the top Democrat on the veterans panel, said it underfunds military family housing and the Biden-era law that expanded VA health care and benefits for veterans exposed to burn pits, Agent Orange, and other toxic substances (Public Law 117-168). She also objected to language restricting the federal firearm background check database. Members of the Senate panel that oversees the federal budget will meet later today as they seek to fast track spending on immigration enforcement.
Republicans on Senate Budget Committee are slated to meet late this afternoon as senators prepare to advance a “skinny” budget resolution, according to two Republicans on the panel.
GOP leadership hopes to adopt that blueprint in the coming days to unlock the budget reconciliation process, allowing them to pass tens of billions of dollars in mandatory spending on Immigration and Customs Enforcement as well as Border Patrol.
Republicans plan to leverage the complicated but powerful process as part of the solution to the ongoing funding lapse at the Department of Homeland Security, the longest agency shutdown in US history. They are pursuing a two-track process, in which they’ll fund immigration enforcement agencies in a party-line bill to bypass Democrats’ demands for policy changes, while funding the rest of DHS in a bipartisan package (H.R. 7147).
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