Congress has passed a budget for Fiscal Year 2012. Did you miss it?If you did, that’s understandable, given all the noise coming out of Washington in recent weeks about extending the Social Security payroll tax holiday and unemployment benefits for the long-term unemployed.But Congress actually did pass an FY2012 budget, albeit two and a half months after the fiscal year began on October 1st. It did so by passing an “omnibus” spending package that bundled together nine of the usual 12 annual appropriations bills into a single piece of legislation.In a normal year Congress passes and ...
