People walk past the U.S. Capitol building with less than two weeks remaining for the U.S. Congress to negotiate a deal to avert a partial government shutdown in Washington, U.S., January 11, 2024.Â
Leah Millis | Reuters
House and Senate leaders have reached an agreement on a short-term spending deal that would extend two upcoming deadlines to keep the government funded until March, three sources familiar with the matter told NBC News.
The move should buy legislators more time to craft longer-term spending bills, following the agreement last weekend to set the overall spending level for fiscal year 2024 at $1.59 trillion.
Speaker Mike Johnson is set to hold a call with fellow House Republicans at 8 p.m. Sunday to discuss spending negotiations. Several conservatives have objected to the topline spending deal cut by leadership and have urged Johnson to go back on it, though he said Friday that the agreement remains.
This story originally appeared on CNBC
