Cr 2024 Update. Washington — the house and senate approved a stopgap measure to keep the government funded for three months on. It is known as a continuing resolution (cr) and prevents a government shutdown that would otherwise occur if the fy2024 appropriations bills have not been enacted when the.

The cr offers a temporary reprieve from the threat of a government shutdown, but it also highlights the need for vigilance and preparedness among government contractors. The treasury department can currently continue to borrow.