08/16/2023

Schumer: Government Funding Resolution Agreement is 'Good Sign'

The GOP, Democrats have agreed to a continuing resolution

On Wednesday, Senate Majority Leader Chuck Schumer said he met with House Speaker Kevin McCarthy a few weeks ago and agreed to a resolution that could extend current federal government spending for a few months.

"We agreed we should do a CR... where you just extend the existing funding for a few months so we could work this out, and I thought that was a good sign," the chamber's top Democrat told MSNBC, referring to a temporary spending measure known as a continuing resolution.

Current government funding is due to expire Sept. 30 with the fiscal year beginning Oct 1, and no action to fund the federal government could trigger a shutdown.

Please select this link to read the complete article from Reuters.