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The short-term funding bill, known as a continuing resolution, or CR, requires two-thirds support to pass because it’s coming to the floor under an expedited process known as “suspension of ...
October 28, 2024 at 11:00 AM. ... To avoid a shutdown on Oct. 1, we passed a continuing resolution to extend funding until Dec. 20. But if history is any indicator, an omnibus bill — the ...
The Fiscal Responsibility Act of 2023, passed in June 2023, resolved that year's debt-ceiling crisis and set spending caps for FY2024 and FY2025. The act called for $895 billion in defense spending and $711 billion in non-defense discretionary spending for fiscal year 2025, representing a 1% increase over fiscal year 2024. [10]
The United States federal budget for fiscal year 2024 ran from October 1, 2023, to September 30, 2024. From October 1, 2023, to March 23, 2024, the federal government operated under continuing resolutions (CR) that extended 2023 budget spending levels as legislators were debating the specific provisions of the 2024 budget.
December 2024 continuing resolution [ edit ] On December 17, 2024, leadership from the two parties reached an agreement on further short-term government expenditures, unveiling a bill that would have extended the previous continuing resolution's deadline to March 14, 2025, while also funding and renewing several federal programs.
The Senate has voted 87-11 to approve a stopgap bill to prevent a government shutdown, which will extend government funding through the beginning of next year.
[1]: 61 The deadline could be the start of the next fiscal year, October 1, or it could be some other deadline when appropriations would otherwise run out (such as a deadline set by a continuing resolution). The fiscal year of the United States is the 12-month period beginning on October 1 and ending on September 30 of the next calendar year. [2]
The House is expected to vote on the funding extension, known as a continuing resolution or CR, on Wednesday. The Senate will take it up shortly thereafter in time to avoid a shutdown.