The U.S. House of Representatives has approved a bill that would spare the United States from a government shutdown, and the bill was sent to the Senate amid expectations of passage later.
Under the law, sectors and agencies will be funded by the federal government until Jan. 19 and other agencies until Feb. 2, 2024. When the bill passes through the Senate, it will be sent to US President Joe Biden, who has already expressed openness to signing the bill. Without passage through the House and Senate, the federal government will shut down at 11:59 a.m. GMT next Friday.
Source (CNBC Arabia Website, Edited)
