On September 28, the President signed into law a six-month continuing resolution (CR), providing funding government programs through March 27, 2013. Included in the law were monies for Title VIII Nurses Workforce Development programs at essentially FY 2012-enacted levels. The legislation cleared the House, 329 to 91, on September 13, and the Senate, 62 to 30, on September 22.
82 calendar days remain until the sequester goes into effect. However, in real terms, there are few Congressional days until January 2, 2013 when the 8 percent across the board cuts to defense and non-defense programs kick in. Congressional members are back in their districts until after the election on November 6th and return November, 13th. The House of Representatives’ calendar list only 17 working days, aka Lame Duck, until sequester.
If you do a quick internet search of “fiscal cliff” you would get possibly hundreds of new articles describing what is the “fiscal cliff”, when the cliff may happen, and what Congress needs to do to avert the U.S. economy from falling off the “fiscal cliff”. You can even find articles explaining if the “fiscal cliff” is even real.