Congress Strikes Deal to Avert Government Shutdown and Fund the Government Through March 14

By Maria Carrasco, NASFAA Staff Reporter

Update: President Joe Biden signed the spending bill into law on December 21, formally averting a government shutdown. The bill cleared the Senate by a vote of 85-11.

The House has approved a new a short-term spending deal that would fund the federal government until March 14, effectively removing the threat of a year-end government shutdown.

The bill – which came together after two other measures were unable to garner enough support to advance – passed by an overwhelming vote of 366-34. The Senate is expected to consider and clear the latest version of the bill later this evening and the White House has endorsed the measure.

The continuing resolution funds the government at the fiscal year 2024 levels through March 14 and includes the Department of Education (ED). The spending bill does contain additional spending provisions, like disaster aid, but it does not have any added funding impacting ED.

Once the bill is enacted into law the new Republican-led Congress will have until March to reconcile the House and Senate spending bills for fiscal year 2025.

Stay tuned to Today’s News for more details and to get the latest information on the federal budget process, see NASFAA’s Federal Budget and Appropriations page and NASFAA’s budget FAQs.

Publication Date: 12/21/2024

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Congress Strikes Deal to Avert Government Shutdown and Fund the Government Through March 14

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