TMF Funding Talks Angled Toward $5-6 Billion Compromise Before Collapse

Negotiations between congressional offices on President Biden’s proposal for a $9 billion funding increase for the Technology Modernization Fund (TMF) angled toward a compromise in the range of $5 to $6 billion of new funding before senators moved to drop the funding measure altogether from their consideration of the White House’s $1.9 trillion coronavirus relief bill.