US Government Funding Deal Reached

House and Senate appropriators agreed to a bipartisan bill to fund the U.S. government through Sept. 30, and it will be introduced tonight, Senate Appropriations Chairwoman Barbara Mikulski said.

The measure will reach the House floor tomorrow or Jan. 15, Mikulski, a Maryland Democrat, said in Washington. “We have a bill,” she said. “There will be no shutdown.”

Government funding runs out Jan. 15, so lawmakers also plan to pass a separate three-day stopgap bill at current funding levels to push the deadline to Jan. 18. That would give lawmakers enough time to enact the comprehensive bill without risking a government shutdown.

“I think it’s a really good deal,” said House Rules Committee Chairman Pete Sessions, a Texas Republican. “The Senate and the House got together in a good way.”

Bloomberg

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.