Senate Passes Short-Term Spending Measure, Averting Federal Government Shutdown

Your League was pleased to see the passage late Wednesday in the U.S. Senate of a stopgap spending measure that will fund the federal government until at least mid-January.

We urged lawmakers to avoid a federal government shutdown, knowing the hardships it would create for credit union members, and by extension, credit unions.

According to reports, funding will expire for military and veterans programs, agriculture and food agencies, and the Transportation and Housing and Urban Development departments on on Jan. 19. Funding for the State, Defense, Commerce, Labor, and Health and Human Services departments, and others, will expire on Feb. 2.

The measure is expected to be signed by President Biden.

Related: House Passes Short-Term Government Funding Bill