On February 9, the Obama Administration released its budget request for Fiscal Year 2017. This years budget package once again includes numerous proposals affecting retirement, health, and welfare plans. Many are consistent with the administrations proposals from prior years, but the 2017 package also includes several new items of significance.

Key leaders in the Republican-controlled Congress immediately rejected the Presidents budget and the Chairmen of the House and Senate Budget Committees said they had no interest in hearing testimony from the top White House budget officials. However, some of the individual proposals in the budget (e.g., Open MEPs) have bipartisan support and still have a chance to be included in a legislative package later this year.

Please see the attached memo for further information.

 

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