• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

I wrote that Boomers were choking America’s economy. Their responses to me were revealing

2

U.S. says deals with Iran for safe Hormuz transit are prohibited

3

After a judge ordered Trump's name be removed from the Kennedy Center, president says it will 'soon be closed, probably never to open again'

1

I wrote that Boomers were choking America’s economy. Their responses to me were revealing

2

U.S. says deals with Iran for safe Hormuz transit are prohibited

3

After a judge ordered Trump's name be removed from the Kennedy Center, president says it will 'soon be closed, probably never to open again'
FinanceCongress

Congressional leaders push out $1.2 trillion budget bill for a vote before shutdown deadline: ‘Even with bipartisanship, it’s going to be a tight squeeze’

By
Kevin Freking
Kevin Freking
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Kevin Freking
Kevin Freking
and
The Associated Press
The Associated Press
Down Arrow Button Icon
March 21, 2024, 5:22 AM ET
Speaker of the House Mike Johnson
Speaker of the House Mike Johnson.Chip Somodevilla—Getty Images

Congressional leaders from both parties looked to put a positive light on a $1.2 trillion spending package that lawmakers are working to approve before funding expires at midnight Friday for a host of key government agencies.

Text of the legislation had not been released as of Wednesday afternoon, but lawmakers and aides were expecting an official unveiling early Thursday. The package, which is expected to pass, will wrap up Congress’ work on spending bills for the year — nearly six months after the fiscal year began.

This year’s dozen spending bills were packed into two packages. The first one cleared Congress two weeks ago just hours before a shutdown deadline for the agencies funded through the bills.

Now Congress is focused on the second, larger package, which includes about $886 billion for defense, about a 3% increase from last year’s levels. The bill also funds the Departments of Homeland Security, Health and Human Services, Labor and others, with non-defense spending expected to be relatively flat compared to the prior year.

Leaders worked to sell the package to members. In a closed-door meeting with GOP lawmakers in the morning, Speaker Mike Johnson described a few of the policy changes that House Republicans were able to secure in the latest negotiations. Those included a prohibition on funding for a United Nations relief program for Palestinian refugees that extends through March 2025. He also noted the bill funds 8,000 additional detention beds for noncitizens awaiting their immigration proceedings or removal from the country.

“The Homeland (Security) piece was the most difficult to negotiate because the two parties have a wide chasm between them,” Johnson said at the GOP leadership’s weekly press conference. “I think the final product is something that we were able to achieve a lot of key provisions in, and wins, and it moved in a direction that we want even with our tiny, historically small majority.”

The House is expected to vote on the second package on Friday, giving lawmakers more than a day to examine the legislation, but in doing so, leadership is bypassing a House rule that calls for giving lawmakers 72 hours to review major legislation before having to vote on it.

That is riling some House Republicans, but following the rule would surely invite some lapse in federal funding, even if just for a day or so, for several key federal agencies.

Once the bill passes the House, Senate Majority Leader Chuck Schumer, D-N.Y. said he will put it on the Senate floor.

“Even with bipartisanship, it’s going to be a tight squeeze to get this funding package before the weekend deadline,” Schumer said.

Democrats celebrated staving off the vast majority of policy mandates Republicans had sought to include in the spending bills, such as restricting access to the abortion pill mifepristone or banning access to gender-affirming health care.

“We’re exactly in the position that we knew we were going to end up,” said Rep. Pete Aguilar D-Calif. “We knew that House Democrats, Senate Democrats, Senate Republicans and the White House weren’t going to tolerate any significant harmful cuts and crazy policy riders.”

The spending in the bill largely tracks with an agreement that former Speaker Kevin McCarthy worked out with the White House in May 2023, which restricted spending for two years and suspended the debt ceiling into January 2025 so the federal government could continue paying its bills.

“We have had to stick to some difficult toplines and fight off literally hundreds of Republican poison pills, not to mention some really harsh, almost unthinkable, cuts proposed by House Republicans,” said Sen. Patty Murray, the Democratic chair of the Senate Appropriations Committee. “But now we have a good, bipartisan bill that protects absolutely essential investments in the American people.”

McCarthy was ousted from the speaker’s role a few months after securing the debt ceiling deal. Eight Republicans ended up joining with Democrats in removing McCarthy as speaker. And some of those unhappy with that debt ceiling deal also expressed misgivings about the latest package.

Johnson is expected to bring the bill up for a vote through a streamlined process that requires two-thirds support for the bill to pass. The earlier spending package passed by a vote of 339-85 with Republicans providing all but two of the no votes.

“If this bill sits out for two weeks, it will get pilloried like a pinata,” said Rep. Chip Roy, R-Texas. “So they want to jam it through over the next 48 hours.”

“I hope there will be some modest wins. Unfortunately, I don’t expect that we will get much in the way of significant policy wins based on past history and based on our unwillingness to do use any kind of leverage to force policy wins, meaning a willingness to walk away and say no,” said Rep. Bob Good, R-Va.

One of the changes Johnson touted for members was prohibiting — through March 2025 — funding for the United Nations Relief and Works Agency, which is the main supplier of food, water and shelter to civilians in Gaza. Republicans are insisting on cutting off funding to the agency after Israel alleged that a dozen employees of the agency were involved in the attack that Hamas conducted in Israel on Oc. 7.

The U.S. is the biggest donor to the agency, providing it with about $364 million in 2022 and $371 million in 2023. After Israel made its allegations, the Biden administration paused funding for the agency. Republicans seek a more lasting prohibition.

But the prohibition does concern some lawmakers because many relief agencies say there is no way to replace its ability to deliver the humanitarian assistance that the United States and others are trying to send to Gaza, where a quarter of the 2.3 million residents are starving.

Sen. Chris Van Hollen, D-Md., said in a recent speech on the Senate floor that any individual who participated in the Oct. 7 attack must be held responsible. But not innocent civilians.

“Punish the 14. Don’t punish 2 million innocent Gazans,” Van Hollen said.

But House Republicans are describing the agency as “part of the problem” that Israel is confronting. About three dozen wrote Appropriations Committee members saying, “in light of UNRWA’s record of troublesome allegations and disturbing revelations since Hamas’s October 7 terrorist attack on Israel, we believe that going forward no further U.S. taxpayer funds can be given to the agency.”

Johnson also touted to colleagues a 6% cut to foreign aid programs and only allowing the American flag to be flown over U.S. diplomatic facilities as wins, according to a Republican congressional aid not authorized to speak publicly. Under the Biden administration, U.S. embassies have been invited to fly the pride flag or light up with rainbow colors in support of the LGBTQ community.

Johnson said that after the spending package passes, the House would next turn its attention to a bill that focuses on aiding Ukraine and Israel, though lawmakers are scheduled to be away from Washington for the next two weeks. The Senate has already approved a $95.3 billion aid package for Ukraine, Israel and Taiwan, but Johnson has declined to bring that up for a vote.

About the Authors
By Kevin Freking
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Data centers could help determine who wins the next war, and a shortage of compute would be ‘catastrophic,’ retired general says
AIMilitary
Data centers could help determine who wins the next war, and a shortage of compute would be ‘catastrophic,’ retired general says
By Jason MaMay 31, 2026
54 minutes ago
Financial markets are losing the security blanket that’s bailed them out of trouble so many times, top economist warns 
EconomyMarkets
Financial markets are losing the security blanket that’s bailed them out of trouble so many times, top economist warns 
By Jason MaMay 31, 2026
3 hours ago
AI will make the ‘tech bro’ class even richer, Nobel laureate Joe Stiglitz says, just as it can take your job
AIJobs
AI will make the ‘tech bro’ class even richer, Nobel laureate Joe Stiglitz says, just as it can take your job
By Catherina GioinoMay 31, 2026
4 hours ago
peter thiel
AIskills
Forget the STEM safety net. Peter Thiel warns AI is a bigger threat to technical roles than to creative thinkers
By Jake AngeloMay 31, 2026
4 hours ago
Hegseth seeks to convince allies U.S. should stay quiet on Taiwan
AsiaChina
Hegseth seeks to convince allies U.S. should stay quiet on Taiwan
By Josh Xiao, Philip J. Heijmans and BloombergMay 31, 2026
5 hours ago
Allison Danielsen is CEO, Tallo.
CommentaryCareers
My wrist injury derailed my college plans. It’s why I’m a CEO today
By Allison DanielsenMay 31, 2026
8 hours ago

Most Popular

I wrote that Boomers were choking America’s economy. Their responses to me were revealing
Personal Finance
I wrote that Boomers were choking America’s economy. Their responses to me were revealing
By Nick LichtenbergMay 31, 2026
10 hours ago
U.S. says deals with Iran for safe Hormuz transit are prohibited
Politics
U.S. says deals with Iran for safe Hormuz transit are prohibited
By Jack Wittels and BloombergMay 30, 2026
1 day ago
After a judge ordered Trump's name be removed from the Kennedy Center, president says it will 'soon be closed, probably never to open again'
Law
After a judge ordered Trump's name be removed from the Kennedy Center, president says it will 'soon be closed, probably never to open again'
By Collin Binkley and The Associated PressMay 30, 2026
24 hours ago
After Blue Origin rocket explosion, NASA's entire moon exploration program depends on SpaceX for now as Musk eyes blockbuster IPO soon
Innovation
After Blue Origin rocket explosion, NASA's entire moon exploration program depends on SpaceX for now as Musk eyes blockbuster IPO soon
By Jason MaMay 30, 2026
1 day ago
Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt
Economy
Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt
By Shawn TullyMay 30, 2026
2 days ago
Ex–Google CEO Eric Schmidt warns U.S. tech workers: Competing with China’s grueling 12-hour workdays means sacrificing work-life balance
Future of Work
Ex–Google CEO Eric Schmidt warns U.S. tech workers: Competing with China’s grueling 12-hour workdays means sacrificing work-life balance
By Marco Quiroz-GutierrezMay 30, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.