federal budget

This week, both the U.S. House and the Senate Appropriations Subcommittees on Commerce, Justice, Science and related agencies (CJS) approved FY13 funding legislation supporting several key TBED agencies. Press releases from the Senate CJS subcommittee and the House appropriations committee suggest that funding for the Manufacturing Extension Partnership (MEP) program will likely remain close to the level indicated in the president's FY13 budget at $128 million or a bit higher. FY13 funding for the Economic Development Administration (EDA) is less certain, with the current Senate bill allocating $238 million and the House bill funding it at only $220 million.