Capitol Washington DC Sunset
Capitol Washington DC

House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer announced a deal Sunday on how much the U.S. government will spend in the new year, a significant step toward avoiding a shutdown.

But while the agreement on a “topline” spending level breaks a logjam that had stalled the process, it doesn’t necessarily extinguish the shutdown threat as the first of two deadlines nears on Jan. 19, when some parts of the government will run out of money.

“The bipartisan topline appropriations agreement clears the way for Congress to act over the next few weeks in order to maintain important funding priorities for the American people and avoid a government shutdown,” Schumer and House Minority Leader Hakeem Jeffries, both New York Democrats, said in a statement.

Read the rest of the story at NBC News