House Republicans Offering New Continuing Resolution

House Republicans now plan to offer a two week extension of federal spending in a new Continuing Resolution or CR.

Senate Democratic leaders said Tuesday they wanted a "clean" Continuing Resolution, meaning no additional spending cuts, just an extension of current spending.

But Republicans have divided up the $61 billion they were seeking in cuts over the next 30 weeks, which comes out to about $2 billion in cuts a week.

So they will offer a two-week extension of the CR with $4 billion in cuts.

Those cuts will be specified but that has not been worked out yet.