President Joe Biden signs a $100 billion government funding bill, ensuring federal operations continue through March 14. Learn about its implications for disaster aid, agricultural assistance, and more.
Biden Signs $100 Billion Funding Bill, Averting Shutdown
US President Joe Biden has signed a $100 billion government funding bill into law, preventing a potential federal shutdown. The legislation, which funds government operations through March 14, ensures continuity amid political tension.
“This agreement represents a compromise, which means neither side got everything it wanted,” Biden noted in a statement.
The package includes $100 billion for disaster relief and $10 billion in agricultural aid, while excluding controversial provisions such as a debt ceiling extension demanded by former President Donald Trump.
Biden emphasized that the bill also rejects a tax cut for billionaires sought by Republicans, ensuring the government can continue operating at full capacity. “That’s good news for American families, especially during the holiday season,” he added.
Bipartisan Support Secures Passage
The funding bill gained overwhelming bipartisan support, passing with 366 votes in the House of Representatives and 85 votes in the Senate. Senate Majority Leader Chuck Schumer confirmed: “There will be no government shutdown.”
Opposition from Trump and Musk
The weeks leading up to the bill’s passage saw significant political turbulence. Former President Donald Trump and business mogul Elon Musk openly opposed earlier versions of the deal, with Trump advocating for a debt ceiling extension that was ultimately excluded from the final agreement.
Despite these challenges, House Speaker Mike Johnson described the outcome as a “good result for the country,” adding that even Trump was “satisfied with the outcome.” Johnson managed to sidestep the debt ceiling debate, leveraging bipartisan support to push the bill through.
What’s Next for Lawmakers?
With this legislation in place, Washington turns its attention to the looming debt ceiling debate as the next Congress prepares to take charge. For now, the bill marks a temporary end to months of political turmoil, securing federal operations through early 2025.
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