Congressional Leaders Agree on Stopgap Spending Bill to Prevent Government Shutdown

The bill, maintaining the 'laddered' approach, extends funding for some federal agencies until March 1 and the rest until March 8.

Congressional leaders have agreed on a stopgap spending bill to prevent a government shutdown, extending funding for some federal agencies until March 1 and the rest until March 8.
The agreement maintains the 'laddered' two-part approach of the November continuing resolution (CR), which was designed to prevent an all-in-one 'omnibus' spending bill.
House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer previously agreed on an overall $1.66 trillion spending deal for the 2024 fiscal year, which has faced opposition from hardline House Republicans.
Johnson has been under pressure from his right flank to abandon the bipartisan spending deal, but he insisted on Friday that he is sticking with the agreement.
The stopgap bill, which needs Democratic support to pass the narrowly divided House, is expected to be released on Sunday.