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On September 26, the Senate reached a tentative spending deal to fund the government through November, [29] but the bill would not be able to pass before a shutdown due to a filibuster by Senator Rand Paul over aid to Ukraine. [30] McCarthy opposed the deal, telling his conference that he would not put the Senate bill on the House floor. [31]
The deal would establish an overall spending level of $1.59 trillion in fiscal year 2024, reflecting the bipartisan budget deal struck last year by President Joe Biden and then-Speaker Kevin ...
Senate passes funding bill, now headed to Biden. Congress reached a bipartisan, last-minute agreement to keep the government running 38 minutes after a midnight deadline for a partial shutdown ...
It’s highly unusual for Congress to continue haggling over government funding nearly half a year into the fiscal year. Funding for fiscal year 2025 is due by the end of September. Show comments
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]
Then an even steeper fiscal deadline awaits Washington on Jan. 1, 2024 when this summer's debt ceiling deal stipulates that discretionary government spending will be cut by 1% if no overall budget ...
The top Republican and Democrat in the U.S. Congress on Tuesday said they had reached a deal to keep the government funded through the rest of the fiscal year that began in October, setting off a ...
A bipartisan deal reached earlier this week between House Speaker Mike Johnson and Democrats to fund the government through mid-March crumbled Wednesday after Trump came out against it and tech ...