Congressional Leaders Sign : A New $1.66 Trillion Government Funding Deal During The US.
Congressional leaders sign a $1.66 trillion government funding deal during the US government shutdown.
The $1.66 trillion agreement consists of the following: $886 billion for defense and $772.7 billion for non-defense spending.
Congressmen have reached a consensus on the total amount of spending for the remainder of this year, 2024, in an effort to prevent a government shutdown later this month.
The $1.66 trillion agreement consists of the following: $886 billion for defense and $772.7 billion for non-defense spending.
Congressional Leaders Sign : A New $1.66 Trillion Government Funding Deal During The US.
According to Democratic leaders, the topline is slightly more than the $1.59 trillion that was agreed upon in a bipartisan agreement last year.
Discretionary spending that was a component of a side deal between President Joe Biden and former House Speaker Kevin McCarthy will be modified.
This quickens the reduction of IRS funding, as well as the $6.1 billion spent on COVID-19.
Congressional Leaders Sign : A New $1.66 Trillion Government Funding Deal During The US.
In a statement released on Sunday, January 7, Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, both Democrats from New York, stated that “the bipartisan topline appropriations agreement clears the way for Congress to act over the next few weeks in order to maintain important funding priorities for the American people and avoid a government shutdown,” according to NBC News.
To date, no annual appropriations bill that funds the government has passed both the Democratic-led Senate and the Republican-controlled House. Congress could only rely on temporary funding extensions to keep the government running.
Congressional Leaders Sign : A $1.66 Trillion Government Funding Deal During The US.
There are now two deadlines that must be fulfilled to avoid a shutdown.
Through January 19th, the following things require funding: programs for veterans, transit, departments of housing, agriculture, and energy. The funding for up to eight additional appropriations bills, including defense, will end on February 2.
Sen. Susan Collins of Maine, the top Republican on the Senate Appropriations Committee, said in a statement regarding the agreement, “We must avoid a shutdown, but Congress now faces the challenge of having only 12 days to negotiate and write language, secure passage by both chambers, and get the first four appropriations bills signed into law.”
Congressional Leaders Sign : A $1.66 Trillion Government Funding Deal During The US.
The agreement, according to Republican House Speaker Mike Johnson of Louisiana, “will not satisfy everyone” because it “cuts as much spending as many of us would like.
” Nevertheless, he went on, calling it the “most favorable budget agreement Republicans have achieved in over a decade.”
According to Schumer and Jeffries, they have “made make it plain to Speaker Mike Johnson that Democrats will not back any of the twelve appropriations bills that are currently being considered in Congress if they include changes to the poison pill policy.”
Congressional Leaders Sign : A $1.66 Trillion Government Funding Deal During The US.
Johnson and Schumer have recently expressed optimism that they will soon reach an agreement. Regarding a potential shutdown, Johnson stated last week, “We have been working in earnest and in good faith with the Senate and the White House virtually every day through the holiday trying to come to an agreement.”
Schumer expressed optimism last week that a deal would be reached soon. Regarding the budget talks, “we’ve made real good progress,” he stated.
“I’m hoping that we can quickly come to an agreement on a budget. And with the progress we’ve made, I hope we can avoid a shutdown.”
READ MORE:
1. Health and Fitness Tips for You
2. Upcoming New Movies
3. Get New Jobs Directly From Companies FREE Visa
4.Latest News of Cryptocurrency and Bitcoin
5. Real Estate Business for you
6. Latest News
7. Best Insurance Policy for Everyone
READ MORE:
- 1. Strategic Management Process: Top5 Jobs In Dubai FREE VISA Apply Now
- 2. Vancouver Time fighting for $12,000 in travel insurance Nightmare FREE
- 3. DIABETIC DIET : A PROFESSIONAL’S GUIDE TO A WARM AND WELL-BEING
- 4. NICOLAS CAGE STATES : HE HAS 3 OR 4Â MORE MOVIES LEFT NOW
- 5. EMPRESS CRACKS: FOR THEÂ FIRST TIME SINCE APRIL
- 6. DESPITE MEANING: DESPITE HIGH RATES, MORE US HOMEÂ BUYERS ARE WILLING TO BUY
- 7. A 44-YEAR-OLD BOSTON WOMAN WAS KILLED BY A SHARK ATTACK IN
