Discuss as:

House to consider another short-term funding bill

From NBC's Shawna Thomas and Carrie Dann
House Majority Leader Eric Cantor just announced that the House will consider another short-term government funding measure next week.

It is expected that this funding measure will be for three weeks. This continuing resolution would keep the government open beyond the March 18th deadline if the Senate passes it.

This three-week spending bill is expected to show cuts of $2 billion per week, totalling another $6 billion in cuts.

President Barack Obama said Friday that he is open to "one more" stopgap measure to avert a shutdown, but he called on congressional leaders to "compromise on prudent cuts" and agree on a long-term budget to fund the government through the end of the fiscal year.

"We can’t keep running the government based on two-week extensions," Obama said during a news conference.  "That’s irresponsible."