SAWT BEIRUT INTERNATIONAL

| 29 May 2024, Wednesday |

White House seeks short-term funding to avoid government shutdown

The White House asked Congress on Thursday to pass a short-term federal funding extension to avoid a shutdown as budget talks continue, according to a spokesperson for the Office of Management and Budget.

“Although critical work continues to reach a bipartisan, bicameral agreement on fiscal year 2024 appropriations bills, it is clear that a short-term continuing resolution (CR) will be required next month,” a spokesman for the Office of Management and Budget told the news source.

 

Representatives for the agency could not be immediately reached for comment on the report.

Current funding for the federal government expires Sept. 30. If no action is taken before the next fiscal year begins Oct 1, large swaths of government functions would shut down.

Any spending measures would have to pass both the Democratic-led Senate and the Republican-controlled House of Representatives, and U.S. Senate Majority Leader Chuck Schumer earlier this month said he had met with House Speaker Kevin McCarthy and agreed on a short-term stopgap measure.

    Source:
  • Reuters