DCR Economic Policy: House of Representatives approves a one week spending bill even as stimulus talks are in continuation.☕☕☕

Ayyyeee… What’s Goodie Everyone. So I got some tea and it involves the House of Representatives and a spending bill.

On Wednesday The House of Representatives approved a one week extension in funding for the federal government, a move aimed at giving lawmakers more time to hammer out agreements on spending bills and emergency economic relief.

The measure passed by a 343 to 67 vote. Congressional leaders advanced the short term extension in federal funding even as negotiations over an emergency economic relief package appeared to falter and prospects of a major breakthrough were stopped.

The short term spending bill is now expected to quickly move to the Senate, where Majority Leader Mitch McConnell (R.KY) has signaled he will hold a vote ahead of Friday’s deadline. If Trump doesn’t sign the measure into law by midnight on Friday, a government shutdown will commence on Saturday morning.

Appropriators have continued to make progress on a set of spending bills to fund federal agencies, with only a few outstanding policy issues left to be resolved by congressional leaders, aides involved in deliberations say. Talks on the broader stimulus package seemed at risk of breaking down after the White House on Tuesday proposed a relief bill that would offer only minimal benefits to unemployed Americans, a nonstarter for congressional Democrats.

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