Congress Passes 15 Day Funding Bill

The temporary federal budget was set to expire Friday. The senate passed another measure on Thursday in order to fund federal operations for 15 more days. There has not been a formal budget as Congress failed to pass a new budget at the start of the fiscal year. Therfore, a series of resolutions similar to this additional 15 day funding have been passed. If this funding was not passed then greater unemployment would most likely be experienced among federal employees and government activities would decrease. These two scenarios would have a tremendous impact on the economy.