House Republicans have secured a deal to extend government funding and suspend the debt limit, averting a potential shutdown before the holiday weekend.
House Republicans have reached a compromise to prevent a government shutdown by Friday's deadline. The agreement, according to multiple sources, extends current government funding for three months and suspends the debt limit for two years, a key demand from President-elect Trump. Trump expressed his approval of the deal shortly after its details were reported.
The plan also includes aid for farmers and approximately $110 billion in disaster relief funding for those affected by hurricanes Helene and Milton. It incorporates certain healthcare provisions, excluding reforms to the Pharmacy Benefit Managers (PBMs) system which faced opposition from both Republicans and Democrats. Speaker Mike Johnson hailed the deal, emphasizing its benefits for the American people. He urged all Republicans and Democrats to vote in favor of the bill. Following the announcement, House leaders released the legislative text, significantly shorter than the original 1,547-page version. This agreement comes after conservatives, spearheaded by Elon Musk and Vivek Ramaswamy, rejected Speaker Mike Johnson's initial government funding proposal on Wednesday, raising concerns about a potential partial shutdown before the holidays. GOP hardliners expressed their dissatisfaction with last-minute additions of unrelated measures and policy riders to the bill
Government Shutdown Funding Deal Debt Limit Republicans Disaster Relief
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