Current:Home > MarketsAs shutdown looms, congressional leaders ready stopgap bill to extend government funding to March -Edge Finance Strategies
As shutdown looms, congressional leaders ready stopgap bill to extend government funding to March
PredictIQ Quantitative Think Tank Center View
Date:2025-04-08 04:25:27
WASHINGTON (AP) — Congressional leaders are preparing a stopgap bill to keep the federal government running into March and avoid a partial shutdown next week.
The temporary measure will run to March 1 for some federal agencies whose approved funds are set to run out Friday and extend the remainder of government operations to March 8. That’s according to a person familiar with the situation and granted anonymity to discuss it.
The stopgap bill, expected to be released Sunday, would come as House Speaker Mike Johnson, R-La., has been under pressure from his hard-right flank in recent days to jettison a recent bipartisan spending deal with Senate Democrats. The bill would need Democratic support to pass the narrowly divided House.
Johnson insisted Friday that he is sticking with the deal he struck with Senate Majority Leader Chuck Schumer, D-N.Y., despite pressure from some conservatives to renegotiate. Moderates in the party had urged him to stay the course.
Still, in his first big test as the new leader, he has yet to show how he will quell the revolt from his right flank that ousted his predecessor.
“Our top-line agreement remains,” Johnson said Friday, referring to the budget accord reached Jan. 7.
That accord sets $1.66 trillion in spending for the next fiscal year, with $886 billion of the tally going to defense.
veryGood! (3548)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- For Brianna Fruean, the smell of mud drives home the need for climate action
- Palestinians flee Israel's raid on West Bank refugee camp as several hurt in Tel Aviv car attack
- Chris Appleton Teases Wedding Day Detail Following Lukas Gage Engagement
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- This Colorado 'solar garden' is literally a farm under solar panels
- Find Out if Sex/Life Is Getting a 3rd Season
- The Sun Belt is making a big play for the hot electric vehicle market
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- See How Nick Cannon's 11 Kids Celebrated Easter
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Today's Bobbie Thomas Details First Date Over 2 Years After Husband Michael Marion's Death
- Body found floating in Canadian river in 1975 identified as prominent U.S. businesswoman Jewell Lalla Langford
- Gwyneth Paltrow Shares Rare Photo of Son Moses on His 17th Birthday
- In ‘Nickel Boys,’ striving for a new way to see
- For Brianna Fruean, the smell of mud drives home the need for climate action
- Why Genevieve Padalecki Removed Her Breast Implants Nearly 2 Years After Surgery
- What is a cluster bomb, the controversial weapon the U.S. is sending to Ukraine?
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Jane Goodall Says There's Hope For Our Planet. Act Now, Despair Later!
18 Baby Shower Gifts From Amazon That New Parents Will Go (Goo-Goo) Gaga Over
How Below Deck Sailing Yacht's Gary Really Feels About Daisy and Colin's Romance
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
NATO allies on Russia's border look to America for leadership as Putin seizes territory in Ukraine
Biden says climate fears are well-founded but touts progress at the U.N. summit
Kim Kardashian Joins American Horror Story Season 12