The Senate approved a 45-day stopgap funding resolution and President Joe Biden signed the measure into law late Saturday with only hours to spare before a government shutdown.

The standoff comes just months after Congress brought the government to the brink of default. The drama has raised worries on Wall Street, where the Moody's ratings agency has warned it could damage U.

McCarthy reacts after House passes a 45-day stopgap spending bill The U.S. seemed to be barreling toward what would have been one of the largest government shutdowns in history -- until a stopgap 45-day funding bill was hastily passed by Congress and signed by President Joe Biden on Saturday night,

The threat of a federal government shutdown suddenly lifted late Saturday as President Joe Biden signed a temporary funding bill to keep agencies open with little time to spare after Congress rushed to approve the bipartisan deal.

With just hours to spare, House Republicans and Democrats on Saturday struck a surprise deal to fund the government and avert a shutdown that would have inflicted e

The House on Saturday passed a 45-day stopgap spending bill -- sending the bill to the Senate. The Senate is now voting on the House-passed short-term funding bill. The bill, which funds the government for 45 days and provides funding for disaster relief,

Congress is on track to avoid a federal government shutdown with the Senate preparing to vote on a bipartisan, short-term spending measure with just hours left