US lawmakers reach deal on USD 1.1 trillion spending bill

Image
AFP Washington
Last Updated : Dec 10 2014 | 11:15 AM IST
US congressional negotiators finalised a huge spending bill that funds most federal operations through next September, concluding weeks of haggling to avoid a looming government shutdown.
The USD 1.1-trillion measure, which includes money for anti-jihadist operations including training for moderate rebels in Syria, was agreed to with little time to spare before funding runs out tomorrow.
"This bill will allow us to fulfil our constitutional duty to responsibly fund the federal government and avoid a shutdown," Republican House Appropriations chairman Hal Rogers said after the marathon haggling concluded.
The measure combines an omnibus package funding nearly all of government through the end of fiscal year 2015.
But it sets up a showdown next February over President Barack Obama's immigration policy.
Funding for the Department of Homeland Security would limp along for two months under a continuing resolution, a form of punishment against Obama for his unilateral action to shield millions from deportation.
DHS will implement most of the executive order on immigration, and Republicans want to revisit its funding levels when Congress meets next year under full Republican control.
The bill contains USD 1.014 trillion in discretionary domestic spending, plus USD 64 billion in military overseas contingency operations in places like Iraq and Afghanistan.
It provides for counterterrorism cooperation with countries like Yemen, Libya and Somalia, funds USD 5 billion for operations to counter the Islamic State extremist group, including USD 1.6 billion to train Iraqi and Kurdish security forces, and re-authorizes a Pentagon program for up to USD 500 million to train and equip vetted Syrian opposition members.
It also provides USD 5.4 billion in emergency funding to respond to the Ebola crisis -- slightly less than the USD 6 billion requested by Obama.
It earmarks USD 175 million for Israel's Iron Dome missile defense shield, part of a USD 347 million request by Israel for missile defense programmes.
Leadership aides acknowledged the House will have to pass a short-term funding extension to keep the lights on beyond the shutdown deadline, as the Senate might need an extra day or two to debate and vote on the bill.
Senate Majority Leader Harry Reid said lawmakers should seek to avoid the "cliffhanger fights" that have come to mark several recent spending measures.
*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: Dec 10 2014 | 11:15 AM IST

Next Story