Last Updated October 9, 2025

The Federal Government’s Fiscal Year 2025 (see FY2025 tracker) began on October 1, 2024. Congress passed multiple continuing resolutions (CR) to sustain the federal government’s outlays largely at FY2024 levels. These actions included the passage of a final CR on Friday, March 14, that funded the government at FY2024 levels through the end of FY2025. As of the “Last Updated” date for this article, Congress has yet to appropriate the government for FY2026.

Updates

You can track the status of both chambers’ work to complete all 12 appropriations bills here. NABL will continue to keep members informed as more becomes available. [New Updates Highlighted]

• 10/8/2025: Unlike most other federal agencies, the IRS continued operating for several days beyond the start of the government shutdown on October 1, 2025 due to advanced appropriations from the Inflation Reduction Act (IRA) of 2022. On October 8, however, the IRS announced it furloughed nearly half of its workforce until the ongoing lapse in federal appropriations is resolved. Bond and tax counsel should consult the IRS’s contingency plan for more details on how operations are affected.
• 10/6/2025: The Senate rejected two competing proposals to address the political impasse and reopen the government. Senate Republicans again offered a “clean” CR that would fund the government through November 21, 2025, but it did not include the various healthcare provisions sought by Democrats. Three Senate Democrats voted again for the package, but Republican leadership had hoped to pick up several additional Democrats in their third round of voting. Republicans rejected the Democrat proposal to address various healthcare proposals and fund the government through October 31, 2025.
• 10/1/2025: Federal appropriations lapsed at 12:00am ET at which point the federal government began a near complete shutdown.

• 9/24/2025: Amid an increasing likelihood of a government shutdown, the Director of the White House Office of Management and Budget (OMB), Russell Vought, issued a memo that directed agency leadership to update contingency plans for the event of a lapse of appropriations. The guidance included a directive for agencies to consider and pursue additional reduction in force (RIF) measures to decrease staffing.
• 9/23/2025: President Trump canceled a meeting scheduled for Thursday, September 25, with House Minority Leader Hakeem Jeffries (D-NY) and Senate Minority Leader Chuck Schumer (D-NY). The meeting was initially scheduled at the request of the congressional Democratic leaders to negotiate a path forward on the appropriations impasse.
• 9/19/2025: The Senate failed to pass the House’s CR in a 44 to 48 vote with one Republican joining Democrats in voting against the measure, and one Democrat joining Republicans in supporting it.
• 9/19/2025: The House of Representatives passed the clean CR (H.R. 5371) in a vote almost entirely along party lines with one Democrat joining the Republicans in voting for its passage.
• 9/17/2025: House Republican leadership tentatively plan to hold a vote on their short-term spending deal as early as Friday, September 19, 2025.
• 9/16/2025: House Republican leadership released a proposed CR to fund the government through November 21, 2025. The measure would also include increased funding for lawmaker security. Democrats have broadly rejected the plan, primarily due to the package’s failure to address expiring healthcare tax credits. While Republicans can pass a short-term spending package along party lines in the House, they will need at least seven Democrats to join them in a Senate vote.
• 7/17/2025: The House Appropriations Subcommittee on Energy and Water marks up and advances an appropriations package that would propose significant cuts to various water related federal financing programs including the drinking water state revolving fund (SRF). While significant, the reductions would be lower than those proposed in the President’s budget request. It would, however, maintain funding for the Water Infrastructure Finance and Innovation Act (WIFIA) loan program.
• 5/2/2025: The White House Office of Management and Budget sends its discretionary budget requests to Congress. The budget proposal is nonbinding and appropriations for the federal government are determined by Congress. The proposal, however, does indicate the Administration’s appropriations priorities and perceived funding needs for agencies and federal programs. View Request >

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