ARLINGTON, Va. – Coast Guard Commandant Adm. Karl Schultz is “guardedly optimistic” Congress will pass a budget before the continuing resolution that’s keeping the government operating through Feb. 18 expires. If not, he told USNI News, there will be “high consequences for DoD and the Coast Guard.” He added, “a year-long CR would be devastating.” This is the second continuing resolution in Fiscal Year 2022, and it restricts the Pentagon from spending above the previous year’s levels and closes off almost all new spending. Defense Secretary Lloyd Austin this week warned of the “enormous” effects of failing to pass a … Continue reading Coast Guard Head Schultz Optimistic Congress Will Approve 2022 Budget; Warns Year-long Continuing Resolution Would be ‘Devastating’