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Latest Developments. Dec 21, 12:45 PM ... Republicans and Democrats came together Friday evening to pass a short-term spending bill to keep the government open through March 14.
Together with the $459 billion bill passed earlier this month, it fully funds the federal government to the tune of $1.659 trillion through September, after months of stopgap bills and negotiations.
While the spending bill also removed language to give the municipal government of Washington, D.C., greater control over RFK stadium, the Senate approved that in a separate vote via a stand-alone ...
Senators voted to pass a new version of a stopgap spending bill early Saturday morning after the midnight deadline for a partial government shutdown came and went.. The Senate advanced the third ...
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 Consolidated Appropriations Act, 2023 is a $1.7 trillion omnibus spending bill funding the U.S. federal government for the 2023 fiscal year. [ 1 ] [ 2 ] It includes funding for a range of domestic and foreign policy priorities, including support for Ukraine , defense spending, and aid for regions affected by natural disasters.
The "agreement," which was only among Republicans, and was not part of the spending bill, aims to raise the amount the country can borrow by $1.5 trillion, paired with $2.5 trillion in spending cuts.
The government was initially funded through a series of four temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2022. The Inflation Reduction Act was passed as the budget reconciliation bill for FY2022.