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Lawmakers have until midnight on March 14, 2025, to pass a final FY 25 spending agreement, and Senate Majority Leader John Thune has recently indicated the high likelihood of passing a Continuing Resolution (CR) to extend federal funding past the March 14 deadline and keep the government operating.
The US House of Representatives narrowly passed a Republican budget resolution at the end of February that called for continuing $4.5T in tax cuts from 2017 and a $2T reduction in federal spending over a decade, while the Senate passed its budget resolution a few days earlier. Despite this, Senate Majority Leader John Thune recently indicated that he only intends to put the House budget resolutions on the floor after March 14 and declined to commit to scheduling a vote on the resolution.
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