After an agreement was reached among the members of a bipartisan group of budget negotiators from both legislative chambers, the House of Representatives, on Thursday, passed a Continuing Resolution (CR) to fund federal operations through November 21. Absent such an agreement, the threat of yet another government shut-down loomed, as the Federal Fiscal Year will end on September 30. The deal which was passed in the House, 301-123, will also extend the life of the National Flood Insurance Program.
The bill now moves to the Senate, which is expected to pass it next week.
The CR allows Federal agencies to commit funds in the upcoming Fiscal Year, on the assumption that final appropriations will equal the levels specified in the current Fiscal Year.
Contact: Jon Moran, Senior Legislative Analyst, firstname.lastname@example.org, 609-695-3481 x121.