Government Shutdown Averted at the 11th Hour

Congress avoided a government shutdown on Saturday with a temporary measure that provides more time to hash out a new federal spending plan.

Welcome we are open sign hanging in shop window.
(Image credit: Twenty47studio, Getty Images)

President Joe Biden signed a last-minute temporary spending bill on Saturday, September 30, with just minutes to go before many government operations would have closed and with them many public services and programs.

The bill, a stopgap measure known as a continuing resolution (CR), gives the House of Representatives and Senate 45 days to hash out funding legislation for fiscal year 2024. Earlier in the day in a surprise move, House Speaker Kevin McCarthy (R-CA) did an about-face by rejecting demands from his hard-right House Republicans and putting forth a new spending bill that passed the House with a bipartisan 335-91 vote. The Senate quickly approved the House bill and sent it to the president.

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Esther D’Amico
Senior News Editor

Esther D’Amico is Kiplinger’s senior news editor. A long-time antitrust and congressional affairs journalist, Esther has covered a range of beats including infrastructure, climate change and the industrial chemicals sector. She previously served as chief correspondent for a financial news service where she chronicled debates in and out of Congress, the Department of Justice, the Federal Trade Commission and the Commerce Department with a particular focus on large mergers and acquisitions. She holds a bachelor’s degree in journalism and in English.