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House Republicans have struck a deal on a backup plan for averting a government shutdown by the Friday deadline.

Multiple sources told Fox News Digital that the deal would extend current government funding levels for three months and also suspend the debt limit for two years – something President-elect Trump has demanded.

The bill also includes aid for farmers and roughly $110 billion in disaster relief funding for Americans impacted by storms Helene and Milton.

It would also include certain health care provisions minus reforms to the Pharmacy Benefit Managers (PBMs) system that some Republicans and Democrats were pushing for – but others vehemently opposed.

It comes after conservatives led by Elon Musk and Vivek Ramaswamy torpedoed Speaker Mike Johnson’s initial government funding plan on Wednesday, prompting fears of a partial government shutdown right before the holidays.

GOP hardliners were furious about what they saw as unrelated measures and policy riders being added to the bill at the last minute.

House Republicans began negotiations for a “clean” bill, known as a continuing resolution (CR), but those were also upended when Trump urged GOP lawmakers to pair a CR with action on the debt limit – which was expected to be a contentious battle in the first half of next year.

This story is breaking and will be updated…

Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.

Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com