Government budget reports and allocation records

Congress Unveils Stopgap Bill to Avert Shutdown Through March 14, 2025, With Over $100 Billion in Disaster Aid and Farmer Support

Dec 17, 2024, 03:36 PM

Congressional leaders have unveiled a stopgap spending bill to prevent a partial government shutdown, extending federal funding through March 14, 2025. The bill, released just days before the current funding expires at midnight on Friday, includes $100.4 billion in disaster relief aid, primarily targeting recovery efforts from Hurricanes Helene and Milton. It allocates $29 billion to the FEMA Disaster Relief Fund, $21 billion to assist farmers affected by crop or livestock losses, and $8 billion to the Federal Highway and Roads Disaster Fund. Additionally, the bill provides $10 billion in economic assistance for farmers and extends the farm bill for one year. The legislation also incorporates various policy provisions, such as restrictions on U.S. investments in China, measures to address drone threats through the Unmanned Aircraft Systems program, reforms in how Pharmacy Benefit Managers operate, and provisions to allow redevelopment of the RFK Stadium. House Speaker Mike Johnson emphasized the necessity of the bill, citing the urgent need for disaster relief and support for the agricultural sector. The bill's release has sparked criticism from some House Republicans, who argue it resembles a large omnibus spending package rather than a clean continuing resolution. Despite internal GOP dissent, the bill is expected to pass with bipartisan support to avert a shutdown before the holiday recess.