Congress passes short-term spending deal: Key takeaways
Published Date: 3/1/2024
Source: Yahoo Finance
Late on Thursday, Congress passed a short-term spending deal designed to briefly extend government funding, pushing the deadline to pass a full-year spending package to March 8. President Biden is set to sign the deal later on Friday. Stifel Chief Washington Policy Strategist Brian Gardner joins Yahoo Finance to discuss where the president and elected officials will need to make compromises. Gardner details one of the items standing in the way of progress: "There is a group of conservative Republicans who will not vote for anything. They're never going to vote for any of these spending bills. They're never going to get the concessions they want, and without those, they'll never vote for them. So, can [Mike] Johnson get enough of his Republicans on board to get these through? I think we're heading in the right direction. I feel a little bit better than I did a couple weeks ago about this, but the May 1 deadline to avoid sequestration is looming, so that is an issue. " #youtube #CONGRESS #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance