If all goes according to plan, the FY 2009 appropriations cycle will be over by the end of January. House and Senate Appropriations Committee members and staff are now preparing an omnibus funding bill for formal approval by the appropriations committees after the new Congress convenes on January 6. Following the bill's passage on the House and Senate floors it will ready for the signature of President-elect Barack Obama after his inauguration on January 20.

Full story from American Institute of Physics.