BLOG POST

House Passes $2 billion for MCC

June 11, 2006

On June 9, by a vote of 373 to 34, the House passed a $21.3 billion FY07 foreign operations bill, $2 billion of which is funding for the MCC. The overall bill is about 10% less than the President requested and 3% more than approved in FY06. The MCC approval is $1 billion less than the President requested, but not an entirely bad outcome for the MCC (see my earlier posting).

Topics

DISCLAIMER & PERMISSIONS

CGD's publications reflect the views of the authors, drawing on prior research and experience in their areas of expertise. CGD is a nonpartisan, independent organization and does not take institutional positions. You may use and disseminate CGD's publications under these conditions.