WASHINGTON - At press time, the House was expected to vote late in the day June 21 on a HUD-VA and Independent Agencies Subcommittee spending bill that would also set a $3 billion cap on the NCUA Central Liquidity Facility's (CLF) borrowing limit in FY2001. The cap was originally recommended to be rolled back to $600 million, but the House Appropriations Committee passed an amendment to its appropriation bill that raised the limit to $3 billion (CU Times, June 14.) John McKechnie, vice president of legislative affairs, CUNA said he was informed by House sources that "there was no sign of extensive debate on the amendment and no static, criticism or concern on it." After the House passes the spending bill, the focus will shift to the Senate side.
House expected to vote on HUD-VA bill
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