The Latest on FY 2024 Government Funding

Lawmakers will return next week to confront the fast-approaching March government funding deadlines, starting with the March 1 date for Agriculture-FDA, Energy-Water Development, Military Construction-VA, and Transportation-HUD. While leadership has cited progress in the talks, another stopgap funding bill will likely be needed to keep the government funded beyond the March 1 and March 8 deadlines. With House Republicans reportedly at odds over the path forward for fiscal year (FY) 2024 government funding, concerns about a possible shutdown are, once again, on the rise. As such, cooperation from lawmakers on both sides of the aisle will be necessary to ensure the government is funded for FY 2024 before April 30, 2024 — after which a one percent across-the-board spending cut could go into effect under the terms of the Fiscal Responsibility Act.