House OKs 2-day funding bill to avert shutdown as leaders still wrangle over virus relief
WASHINGTON, DC — The U.S. House has passed a two-day stopgap spending bill to avert a partial government shutdown this weekend.
It’s part of an effort by lawmakers to buy additional time for frustratingly slow endgame negotiations on an almost $1 trillion Covid-19 economic relief package.
But U.S. Senate action isn’t guaranteed as a midnight deadline looms.
Negotiators are seeking to resolve a battle over emergency Federal Reserve lending powers.
Democrats say the GOP proposal would deprive President-elect Joe Biden of crucial tools to manage the economy.
The hoped-for agreement would provide more than $300 billion in aid to businesses, a $300-per-week bonus federal jobless benefit, and $600 direct payments to individuals.