Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Politics

Biden signs temporary spending bill, pushes budget fight with GOP into 2024

by November 18, 2023
November 18, 2023
Biden signs temporary spending bill, pushes budget fight with GOP into 2024

President Biden signed a temporary spending bill that will push the ongoing federal budget battle into the next year.

Biden signed the bill Thursday after it was passed by both the House and Senate this week with bipartisan support.

The spending measure — conceived to avoid a government shutdown — will allow the government to stay open through the holiday season.

While a more long-term solution is debated, the spending measure will maintain current government funding for approximately two months.

House Speaker Mike Johnson championed the spending package, and it passed 336 to 95 — just two Democrats voted against the bill, along with 93 Republicans. 

It also received votes from all but 10 Republicans and one Democrat in the Senate, passing on Wednesday.

Senate Majority Leader Chuck Schumer, D-N.Y., described Wednesday as ‘a very, very good night for the American people’ before announcing a government shutdown had been avoided, which he credited to ‘bipartisan cooperation.’

‘Obviously, the Republican-led House needed Democratic votes to avoid a shutdown, and I was pleased to see that the speaker was willing to work with Democrats and resisted the siren song of the hard right in the House,’ Schumer said to reporters. ‘And if that continues, we can avoid further shutdowns and finish the work of funding the government.’

Left out of the temporary spending measure was wartime aid for embattled U.S. allies Israel and Ukraine.

The White House is requesting approximately $106 billion in aid for the two nations as Israel continues its ground invasion of Gaza and Ukraine continues its war of defense against neighboring Russia.

Biden signed the bill while still in San Francisco for the Asia-Pacific Economic Cooperation summit.

Biden’s team announced the development late Thursday night after the president signed the bill at the Legion of Honor Museum, where he was hosting APEC summit attendees.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Biden camp weighs joining TikTok to sway young voters months after purging app from federal devices: report
next post
Brent Cook: 2024 Looks Better for Gold, but Here’s What’s Working Now

Related Posts

Morning Glory: Biden and his disastrous national security...

February 22, 2024

Trump says he will carry out the ‘largest...

September 21, 2023

United Nations raises concern over ‘alarming rate’ of...

November 3, 2023

Dem rep scrubs post supporting Susanna Gibson after...

September 20, 2023

Qatar brokers deal between Egypt, Hamas and Israel...

November 1, 2023

NYC mayor gives eyebrow-raising retort after protester screams,...

July 25, 2023

House Republicans push Biden to take cognitive test...

February 17, 2024

Pentagon identifies US soldiers killed in Iran-backed militia...

January 30, 2024

GOP fundraising platform WinRed touts uptick in new...

September 28, 2023

Experts slam leaked UNRWA report claiming Israel coerced...

March 11, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Lithium Market Update: Q3 2025 in Review

    • Despatch of SPP Offer Documents

    • Crypto Market Update: FalconX to Buy 21Shares, Senate Democrats Call Out Trump Envoy

    • Apollo Silver

    • Blackrock Silver Commences Phase 2 Hydrology Program, Geotechnical Evaluation and Seismic Survey on the Tonopah West Project

    Categories

    • Business (1,401)
    • Investing (3,062)
    • Politics (3,699)
    • Stocks (1,828)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved