"Biden's Shutdown Plan Signed, Funding Fight Delayed"
President Biden has signed a temporary "two-step" solution to Washington's spending fights, avoiding a government shutdown and providing a reprieve until January 2024. The law gained bipartisan support and funds certain federal departments until January 19, 2024, with authorization for the rest of the bureaucracy expiring on February 2. However, this temporary solution sets the stage for future contentious spending fights, as House Speaker Mike Johnson relied on Democratic support to pass the plan, leading to divisions within the Republican party. The pressure will increase in January to reach a larger deal on fiscal year 2024 spending, with the threat of cuts to federal spending if an agreement is not reached.
