Congressional leaders have unveiled a critical stop-gap spending bill designed to fund the federal government until March 14. With the current funding measure set to expire at the end of the day on Friday, lawmakers are under significant pressure to pass this important legislation promptly.
The new deadline provides President-elect Donald Trump a limited window to establish and approve new funding priorities following his inauguration in January. However, the timeline for a vote in either chamber remains uncertain, though leadership anticipates the funding will gain approval.
This stop-gap spending bill also aims to address several unresolved issues from earlier in the year, including:
- Approximately $100 billion allocated for federal aid to assist communities affected by natural disasters, such as hurricanes Milton and Helene, and recovery efforts in Maui.
- Complete funding for the reconstruction of the Francis Scott Key Bridge in Baltimore, which collapsed in March.
- Authorization to transfer jurisdiction over RFK Memorial Stadium from federal authority to the District of Columbia, along with additional provisions.
This is a developing story and will be updated as more information becomes available.