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Congress passed a four-week spending bill Thursday, averting a government shutdown for now, but once again postponing difficult negotiations on budget disagreements. President Donald Trump signed the bill into law Friday.
Key points:
Background: The House of Representatives and Senate approved the four-week spending bill Thursday, marking the second time this month that Congress opted for a short-term spending measure to avoid a shutdown. Elected officials will now grapple with budget disagreements in January, after the holiday break.
BAL Analysis: Congressional approval of the stopgap spending measure eliminates the possibility of a government shutdown for now. However, the short-term extension does little to resolve a difficult budget fight, which has now been pushed off into January.
This alert has been provided by the BAL U.S. Practice group. For additional information, please contact berryapplemanleiden@bal.com.
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