- President Joe Biden signed a temporary spending bill, securing federal funding until mid-March and preventing a government shutdown just before Christmas
- The bipartisan agreement maintains current funding levels while allocating $100 billion for disaster relief and $10 billion in aid for farmers
President Joe Biden signed a temporary spending bill on Saturday, securing federal funding until mid-March and averting a government shutdown.
The approval came just after the midnight deadline had technically passed.
The Senate passed the bill earlier on Saturday, following a bipartisan vote in the House of Representatives on Friday evening.
The measure maintains current funding levels while allocating $100 billion for disaster relief and $10 billion in direct aid for farmers.
“This agreement is a compromise. Neither side got everything it wanted, but it blocked the accelerated tax cuts for billionaires sought by Republicans. It also ensures the government continues operating at full capacity,” President Biden stated.
The legislation shifts the next funding deadline to early next year, at which point Republicans will control both chambers of Congress.
President Biden’s prompt action on the bill ensured uninterrupted government operations, highlighting his administration’s commitment to stability and fiscal responsibility.
Discussion about this post