Stay updated with breaking news from Ss Shutdown. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The US Senate reached a deal to pass a $1.2 trillion spending bill and will vote on it shortly on Friday night, but they missed the midnight deadline to avert a partial government shutdown.
A deal that avoided a shutdown also slashed spending for the National Science Foundation, putting it billions below a congressional target intended to supercharge American science research.
Congress is again on the brink of a government shutdown only 3½ months after the last close call.
US has avoided a partial government shutdown with a fourth budget-related fiscal resolution passed in just over six months, but such comfort might be temporary, Fitch Ratings said.
The US House of Representatives approved a crucial stopgap funding bill on Thursday, securing the federal government's financial support through early March and preventing a looming partial government shutdown. This is based on a Reuters report.