Thank you for following our live coveragepublished at 03:57 Greenwich Mean Time 21 December 2024
We're closing down our live coverage, but you can still follow the latest in our story here:
Here's the latest state of play as the clock ticks down to midnight:
- The Senate, which is narrowly controlled by Democrats, is debating whether to approve a budget deal passed by the Republican-controlled House of Representatives hours earlier
- Senator Chuck Schumer has just said lawmakers have reached an agreement that "will allow us to vote on the [spending bill] before the midnight deadline".
- The House's budget agreement succeeded after two previous bills failed amid criticism from President-elect Trump and billionaire Elon Musk
- The slimmed-down bill does not raise the debt ceiling, as Trump had requested, and will keep the government funded for several months - meaning another budget stand off will come in the new year
- The bill now must be still passed by the US Senate
- Once the Senate passes the bill, it will head to President Joe Biden for his signature
- The White House has said Biden supports the bill