House stopgap bill would fund gov’t through Dec. 11

House Democrats Monday introduced legislation to prevent a government shutdown and provide funding for federal agencies through Dec. 11. Current federal funding is set to expire at midnight Sept. 30; NAFCU consistently advocates for continuous government funding to provide stability and certainty to credit unions and their members.

While the House has passed its fiscal year 2021 spending package, the Senate has yet to do so. In addition to providing funding for federal agencies through Dec. 11, the House proposal extends funding for the National Flood Insurance Program (NFIP) through Sept. 30, 2021. However, it does not provide any additional coronavirus-related relief funding, nor an administration-sought provision to provide assistance to farmers.

The House is expected to vote on the short-term funding proposal this week. If the Senate amends the bill after it is sent to the chamber, the House would have to vote again on the package before it heads to the President.


continue reading »

More News