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House Speaker Paul Ryan walks through the Capitol Thursday. Photo: Bill Clark / CQ Roll Call via Getty

The House passed a government spending bill tonight with only about a dozen votes to spare, a big victory for House Speaker Paul Ryan after conservatives had threatened to sink the bill. All but six Democrats voted against it, along with 11 Republicans. The bill also funds CHIP for six years.

What happens next: The Senate is set to vote on the bill tomorrow, where it doesn't appear to have the votes to pass. It cleared a procedural vote tonight. If Congress doesn't pass a spending bill by midnight tomorrow, the government will shut down.

This story has been updated with tonight's Senate action.

Go deeper

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IPOs keep rolling despite stock market volatility

Illustration: Aïda Amer/Axios

Stock market volatility is supposed to be kryptonite for IPOs, causing issuers to hide out in their private market caves.

Yes, but: This is 2020, when nothing matters.

Ben Geman, author of Generate
47 mins ago - Energy & Environment

Higher education expands its climate push

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New or expanded climate initiatives are popping up at several universities, a sign of the topic's rising prominence and recognition of the threats and opportunities it creates.

Why it matters: Climate and clean energy initiatives at colleges and universities are nothing new, but it shows expanded an campus focus as the effects of climate change are becoming increasingly apparent, and the world is nowhere near the steep emissions cuts that scientists say are needed to hold future warming in check.

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The pandemic isn't slowing tech

Illustration: Eniola Odetunde/Axios

Thursday's deluge of Big Tech earnings reports showed one thing pretty clearly: COVID-19 may be bad in all sorts of ways, but it's not slowing down the largest tech companies. If anything, it's helping some companies, like Amazon and Apple.

Yes, but: With the pandemic once again worsening in the U.S. and Europe, it's not clear how long the tech industry's winning streak can last.