
Congressional leaders are on the verge of revealing a spending agreement that will maintain federal government funding until March 14 and allocate over $100 billion in emergency aid to assist states and local communities in recovering from Hurricanes Helene and Milton, as well as other natural disasters.
The proposed stopgap measure aims to avert a partial government shutdown scheduled to commence after midnight on Friday. It would defer final decisions on this year's budgetary allocations to the incoming Republican-led Congress and President-elect Donald Trump. The continuing resolution is set to sustain current spending levels for government agencies.