This post also appeared on our sister blog, Ed Money Watch.
The House joined the Senate Thursday morning to approve a continuing resolution (CR) that will fund federal programs through Sept. 30, the end of the current fiscal year. The continuing resolution that has funded these programs since October 2012 is set to expire on March 27, which would have triggered a government shutdown if no further funding were in place by then.
The CR, which takes the place of annual appropriations bills, funds most education programs for fiscal year 2013. It sets funding according to the levels provided in the prior fiscal year, but includes the 5.1 percent across-the-board cuts applied to most federal programs earlier this month under sequestration.