Congressional leaders in Washington have reached a deal to keep the government funded until early March, a source familiar with the negotiations told reporters on Saturday. Announcement of the proposal comes just before January 19 and February 2 deadlines, when federal agencies would have run out of funding in the two-tranche approach.
The short-term bill, also called a continuing resolution, will keep the government open until March 1 and 8, the source said — giving lawmakers time to agree on larger budget and spending particulars. The continuing resolution will need to be passed by both houses of Congress for the country to avoid a government shutdown. —Agencies