Government shutdown averted as Biden signs funding bill

Date:



CNN

The House of Representatives voted Friday to pass an emergency bill to fund the government through December 16, avoiding a shutdown just hours before the midnight deadline when funding was due to expire.

President Joe Biden signed the bill Friday afternoon. The Senate voted in favor of the measure on Thursday.

Lawmakers had expressed confidence that there would be no closure, but it has been typical for Congress in recent years to run into funding deadlines.

In part, that’s because the counterparties find it easier to make last-minute deals to avoid a shutdown under significant time pressure.

This time, neither side wanted to be blamed for a shutdown — especially so close to the ensuing midterm elections in November, where control of Congress is at stake and as Democrats and Republicans both try to get voters to argue that they In the majority. Legislators who are up for re-election are also eager to complete work on Capitol Hill so they can return to their home states to campaign.

In addition to money to keep government agencies afloat, the short-term financing measure will bring about $12 billion to Ukraine as it continues to counter Russia’s invasion of the country, and requires the Pentagon to report on how US dollars have been spent there. Aid to Ukraine is a twofold priority.

The pending resolution also extends an expiring FDA user reimbursement program for five years.

The $12 billion in additional funding for Ukraine will provide the US with money to continue sending weapons to replenish US supplies that have been sent to the country over the past seven months during the ongoing conflict.

To continue supplying Ukraine with weapons to counter Russia’s offensive, the bill allocates an additional $3 billion for the Ukraine Security Assistance Initiative. This pot of money allows the US to source and buy weapons from industry and ship them to the country, rather than drawing directly from US weapons stockpiles.

The bill also authorizes an additional $3.7 billion in funding from the presidential withdrawal authority, allowing the U.S. to send weapons directly from U.S. stockpiles, and includes $1.5 billion to “replenish U.S. stocks of equipment” sent to Ukraine. has been provided, a factsheet from Senate Democrats on the bill states.

The bill allocates $4.5 billion to the “Economic Aid Fund” to “provide support to maintain the functioning of the Ukrainian national government,” the fact sheet said.

The US has provided Ukraine with significant economic and military support since the Russian invasion of the country began in February, pledging more than $16.2 billion in security assistance to Ukraine since the Russian invasion began in February, according to a press release from the Ministry of Foreign Affairs. Defense on Wednesday.

This story and headline have been updated with additional developments.

The Valley Voice
The Valley Voicehttp://thevalleyvoice.org
Christopher Brito is a social media producer and trending writer for The Valley Voice, with a focus on sports and stories related to race and culture.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

These are the 2020 election deniers who won their House, Senate races

Reply to this storyRemarkDozens of House, Senate and state-level...

North Korea fires another missile as South salvages parts of Soviet-era weapon

SEOUL, Nov. 9 (Reuters) - North Korea fired at...

Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B

Bitcoin (BTC) liquidated $200 million in long positions on...