The ‘continuing resolution’, Edsplained (VIDEO)

February 26, 2013

Congress and the White House aren't expected to cut a deal by the end of the week to avert "sequestration."

But House Speaker John A. Boehner (R-Ohio) and Senate Majority Leader Harry M. Reid (D-Nev.) could strike a deal to stop, or at least tweak the automatic spending cuts in time for the next major deadline at the end of March.

By March 27, Congress will need to pass another continuing resolution, or "short-term spending plan," or stopgap "spending resolution." Whichever term you choose, it's a congressional gimmick that could help Washington avert draconian spending cuts.

So what is a continuing resolution? Watch our "Edsplainer" below, or here:

Follow Ed O'Keefe on Twitter: @edatpost

WATCH PREVIOUS EDSPLAINERS:

What happens at the State of the Union?

What is the sequester?

What are the biggest tax deductions and exemptions?

What is the AMT?

How are unemployment numbers calculated?

What is the 'fiscal cliff?'

Ed O’Keefe is a congressional reporter with The Washington Post and covered the 2008 and 2012 presidential and congressional elections.
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Sean Sullivan · February 26, 2013