US House passes stopgap spending package

Image
IANS Washington
Last Updated : Feb 07 2018 | 8:20 AM IST

The US House of Representatives have passed a stopgap spending bill to fund the government through late March.

In a vote of 245-182 on Tuesday night, the House passed a temporary spending bill to extend most government spending at current levels through March 23 while providing more funds for the Pentagon through September 30, the end of the current fiscal year, reports Xinhua news agency.

It also includes two years of funding for community health centres and extends several expiring health care programmes.

However, Senate leaders from both the Republican and Democratic parties were discussing a two-year deal to lift spending caps on defence and domestic programmes, which suggests that they would probably not support the House-version spending bill.

The US federal government is running on a short-term spending bill which will expire on Thursday.

Lawmakers need to work out a spending measure before Thursday to prevent another government shutdown.

The government was shut down last month after lawmakers failed to reach an agreement on contentious budget and immigration issues.

Senate leaders said that they do not want to shut down the government again and see little risk that it would occur.

"I'm optimistic that very soon we'll be able to reach an agreement," Senate Majority Leader Mitch McConnell said on Tuesday, referring to the two-year budget deal they were discussing.

"We're making real progress on a spending deal that would increase the caps for both military and middle-class priorities on the domestic side that my colleagues have been fighting for," said Senate Democratic Leader Charles Schumer.

The Senate is expected to vote on the new spending bill on Wednesday, when lawmakers are likely to change the bill and return it to the House for final passage.

--IANS

ksk

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 07 2018 | 8:12 AM IST

Next Story