Happy Holidays? House Passes Short-Term Spending Bill; Next Potential Shutdown Set for Christmas

WASHINGTON—Credit unions shouldn’t put those furloughed workers assistance programs back in the drawer just yet. The House has passed a short-term spending bill to extend federal government funding through Dec. 20.

As current funding is set to expire at midnight tonight, Senate leaders said the chamber will vote on the continuing resolution before the deadline in order to avert a shutdown. President Donald Trump has indicated he will sign the short-term extension.

The bill would also extend the National Flood Insurance Program (NFIP) through Dec. 20, and includes language that would allow a military pay raise, provide extra funding for the 2020 census, and prevent a $7.6 billion rescission in highway funds next summer. Lawmakers will continue to sort through a dozen longer-term spending bills ahead of the December deadline, NAFCU noted.

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