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"We think we know kind of how volatile everything is going to be in the future, and it turns out we have no idea," said Katherine Blakeley, a research fellow at the nonpartisan Center for Strategic and Budgetary Assessments.
The 2017 fiscal year once again began with an interim continuing resolution—the eighth year in a row that Congress has failed to pass a budget for the federal government by the start of the new fiscal year. This continuing resolution maintains the 2016 levels of funding for the Department of Defense (DoD) until December 9, 2016. With the Republicans maintaining control of the House and Senate and taking the White House, increases in defense spending would likely appear sometime after the new Congress and President take office in January. DoD might have a fiscal year (FY) 2017 spending bill in February or March if the defense hawks and the deficit hawks within the Republican caucus can come to terms.
