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Showing posts with the label Continuing Resolution Approved

Continuing Resolution Approved

Continuing Resolution Approved - Congress decided to keep the government open for business. On Thursday, the day before a temporary federal budget was set to expire, the Senate passed another Band-Aid measure that will fund federal operations for another 15 days. The House approved the so-called continuing resolution by a vote of 239 to 178 on Wednesday. The measure moved to President Obama, who was expected to sign it. The extension is the latest in a series of continuing resolutions approved by lawmakers after Congress failed to pass a new budget at the start of the fiscal year. Without a formal budget, Congress typically ends up passing continuing resolutions for a month or two at a time. That essentially prevents Washington from shutting down, while lawmakers work on finalizing the new budget. The fallout of not passing a continuing resolution would be no small matter, and would likely lead to furloughs of federal employees and sharply reduced governmental activities, ...