June 21, 2024

Dozen funding totals struck as Congress races to avert another shutdown cliff

Top appropriators have reached a deal on the totals for a dozen spending bills, clearing a critical hurdle toward securing a broader government funding agreement before federal cash expires for a swath of agencies in less than five weeks.

Senate Appropriations Chair Patty Murray (D-Wash.) and House Appropriations Chair Kay Granger (R-Texas) reached the deal late Friday night, according to two sources familiar with talks. Both sides aren’t releasing the numbers for the 12 funding bills, which will provide federal agencies with updated budgets for the current fiscal year.

Key context: The deal, which came together after weeks of tough negotiations, follows
the announcement of a government funding framework
hashed out by staff for Senate Majority Leader Chuck Schumer and Speaker Mike Johnson. It will allow lawmakers to hash out the finer policy and funding points of each individual bill. Appropriators have been anxious to get their hands on the figures, acknowledging that time is short to finalize a government funding accord that will top $1.7 trillion.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more