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Shutdown looms as Congress debates spending plan today

The standoff continues Monday between the House and the Senate over emergency funding, which is holding up a short-term spending measure to keep government running.

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GOP prepares 1-week extension as shutdown looms

Republicans battling with President Barack Obama over budget cuts plan to hold a House vote Thursday on one-week legislation to avoid a government shutdown.

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Update: The House of Representatives passed a bill that would extend funding for the federal government by another two weeks through March 18.

The House of Representatives passed a bill that would extend funding for the federal government by another two weeks -- through March 18 -- while cutting $4 billion from current spending levels.The bill was approved in a 335-91 vote. Republicans overwhelmingly backed the measure while Democrats were sharply divided.The legislation, which still needs to be cleared by the Senate, would trim spending in earmarks and other programs agreed to by leaders of both political parties. It would prevent a government shutdown after Friday.

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