https://sputnikglobe.com/20210930/house-passes-bill-to-fund-federal-govt-through-december-3-sending-measure-to-presidents-desk-1089558472.html
Biden Signs Continuing Resolution to Fund US Gov't Through December 3
Biden Signs Continuing Resolution to Fund US Gov't Through December 3
Sputnik International
On Thursday, President Joe Biden signed the stopgap funding bill that will provide funding for the government through December 3rd. 30.09.2021, Sputnik International
2021-09-30T19:41+0000
2021-09-30T19:41+0000
2022-08-06T13:24+0000
joe biden
us
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The Senate passed the bill by a vote of 65-35 and the House approved the bill by a 254-175 vote before it was sent to President Joe Biden for his signature. Hours later, President Biden signed H.R. 5305 into law and avoided a government shutdown, which would have taken effect on Friday. Along with preventing a government shutdown, the bill also provides funds to states to recover from natural disasters and resettle Afghan refugees. The bill did not raise the debt ceiling, which the Treasury Department projects will be hit on October 18th. Democrats backed off of tackling the debt ceiling in the bill to appease Republicans. If the US doesn't raise the debt ceiling by the projected October 18th deadline it will face a financial crisis that risks sending the country into a recession. With funding for the government squared away, lawmakers now turn their attention to President Joe Biden's $1.2 trillion infrastructure bill. The bill has already passed in the Senate but awaits a vote in the House. Progressive Democrats want to pass their bill known as the Build Back Better Act, before negotiating and voting on the infrastructure bill.
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Biden Signs Continuing Resolution to Fund US Gov't Through December 3
19:41 GMT 30.09.2021 (Updated: 13:24 GMT 06.08.2022) On Thursday, President Joe Biden signed the stopgap funding bill that will provide funding for the government through December 3rd.
The
Senate passed the bill by a vote of 65-35 and the House approved the bill by a 254-175 vote before it was sent to President Joe Biden for his signature. Hours later, President Biden signed H.R. 5305 into law and avoided a government shutdown, which would have taken effect on Friday.
Along with preventing a government shutdown, the bill also provides funds to states to recover from natural disasters and resettle Afghan refugees. The bill did not raise the debt ceiling, which the Treasury Department projects will be hit on October 18th.
Democrats backed off of tackling the debt ceiling in the bill to appease Republicans. If the US doesn't raise the debt ceiling by the projected October 18th deadline it
will face a financial crisis that risks sending the country into a recession.
With funding for the government squared away, lawmakers now turn their attention to President Joe Biden's $1.2 trillion infrastructure bill. The bill has already passed in the Senate but awaits a vote in the House.
Progressive Democrats want to pass their bill known as the Build Back Better Act, before negotiating and voting on the infrastructure bill.
