Congress Unveils Short-Term Funding Bill to Avoid End-of-Year Government Shutdown

Congress Unveils Short-Term Funding Bill to Avoid End-of-Year Government Shutdown

The bill will enable government funding to March 14 after Congress failed to enact permanent…

The Epoch Times

By Arjun Singh, Joseph Lord and Jackson Richman

WASHINGTON—House Speaker Mike Johnson (R-La.) on Dec. 17 unveiled a bipartisan bill that would keep the government funded until March 14, punting the issue of permanent funding to the incoming 119th Congress in the early days of President-elect Donald Trump’s second term.

This bill is known as a continuing resolution, or CR. It would keep government funding at current levels, hedging off a government shutdown that would otherwise begin at 12 a.m. ET on Saturday.

The CR also includes a one-year extension of the farm bill that consists of various initiatives, including food nutrition programs in schools, crop insurance, and disaster assistance. The bill comes in at a topline price of $10 billion, below the threshold that some in the industry have requested. It usually gets extended for five years.

The bill also wraps in legislation designed to restrict outgoing investments by U.S. entities into China…

READ FULL ARTICLE HERE… (theepochtimes.com)

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