Before Congress adjourns at the end of the week (or weekend if the session is extended to pass an economic bailout bill), a continuing resolution funding the government past October 01 must be passed. This is the first report that such a resolution would fund the government until the next administration. From Congress Daily:
Monday, September 22, 2008
Draft CR Would Expire In March
House Democratic leaders are looking to pass a continuing resolution that will fund the federal government until March 6, when a new president and Congress are installed rather than deal with President Bush, who has threatened to veto any appropriations bills that spend more than he has recommended. According to a draft version of the CR, House Democrats would fund most federal government programs at FY08 levels until March 6 unless Congress acts before that. The draft also includes $5.1 billion for the Low Income Home Energy Assistance Program. House Democratic leaders had previously discussed including the funding in an economic stimulus package valued at about $50 billion. The package also includes $25 billion in loan guarantees for the U.S. auto industry that was authorized in legislation enacted last year.
The draft is available here.