The Democratic leader of the US Senate, Chuck Schumer, announced on Monday that “congressional leaders agree on an interim funding measure.”
Additional comments
The new bipartisan measure would fund some government agencies until March 1 and others until March 8.
The goal is to avoid a partial government shutdown before Friday.
It will require bipartisan cooperation in the Senate and House of Representatives to quickly approve interim funding and send it to the President's desk before Friday's funding deadline.
Earlier, the Financial Times (FT) reported that US Senate Majority Leader Schumer had unveiled a stopgap budget measure aimed at postponing the threat of a costly government shutdown until March.
Source: Fx Street
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