Congressional leaders have agreed to a short-term spending deal that will avoid another government shutdown until March.
The agreement allows funding until March 1-8 and provides more time to prepare longer-term spending bills.
It comes as Republican hardliners threatened to derail the talks ahead of the first Jan. 19 funding deadline.
Congress previously agreed to set the total government spending level for the 2024 fiscal year at $1.59 trillion.
The emergency bill will now have to be passed by the House of Representatives and the Senate before midnight next Saturday to prevent a partial government shutdown.
Congressional leaders have agreed to a short-term spending deal that will avoid another government shutdown until March
The short-term bill, known as a continuing resolution, would run until March 1 for some federal agencies whose approved funds run out on Friday and extend the rest of government operations until March 8.
House Speaker Mike Johnson will reportedly hold a phone call with fellow Republicans in the House of Representatives on Sunday at 8 p.m., where they will discuss the spending negotiations.
He has been under pressure in recent days from his far-right flank to jettison a recent bipartisan spending deal with Senate Democrats.
The bill would need Democratic support to pass the narrowly divided House.
Johnson stressed Friday that he is sticking to the deal he struck with Senate Majority Leader Chuck Schumer, despite pressure from some conservatives to renegotiate. Moderates in the party had urged him to stay the course.
“Our summit deal remains in place,” Johnson said on Friday, referring to the budget deal reached on January 7.
That agreement commits $1.66 trillion in spending for the next fiscal year, of which $886 billion will go to defense.