Economy

Government shutdown narrowly avoided after Republicans, Democrats make funding deal

The U.S. government will be funded for another three months, thanks to a bipartisan funding agreement reached on Sunday that avoids a government shutdown.

The agreement maintains funding until Dec. 20, with the House likely to vote on the bill as early as Wednesday.

The development was announced in a press release by Senate Majority Leader Chuck Schumer, D-N.Y.

‘Over the past 4 days, bipartisan, bicameral negotiations have been underway to reach an agreement that maintains current funding through December 20 and avoids a government shutdown a month before the election,’ Schumer’s statement reads.

‘While I am pleased bipartisan negotiations quickly led to a government funding agreement free of cuts and poison pills, this same agreement could have been done two weeks ago.’

The bill also includes $231 million for the U.S. Secret Service with conditions that the agency cooperates with congressional investigations.

This breaking news story is developing. Check back with us for updates.

This post appeared first on FOX NEWS

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