Us Spending Bill

Joe Biden signs temporary spending bill averting government shutdown

President Joe Biden on Thursday signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional Republicans over the federal budget into the new year, as wartime aid for Ukraine and Israel remains stalled. The measure passed the House and Senate by wide bipartisan margins this week, ensuring the government remains open until after the holiday season, and potentially giving lawmakers more time to sort out their considerable differences over government spending levels for the current fiscal year. Biden signed the bill in San Francisco, where he is hosting the summit of Asia-Pacific Economic Cooperation economies. The spending package keeps government funding at current levels for roughly two more months while a long-term package is negotiated. It splits the deadlines for passing full-year appropriations bills into two dates: January 19 for some federal agencies and Feb. 2 for others, creating two dates when there will be a risk of a ..

McCarthy becomes first US speaker ever to be ousted from job in House vote

Speaker Kevin McCarthy was voted out of the job in an extraordinary showdown, a first in US history that was forced by a contingent of hard-right conservatives and threw the House and its Republican leadership into chaos. McCarthy's chief rival, Rep. Matt Gaetz of Florida, forced the vote on the motion to vacate, drawing together more than a handful of conservative Republican critics of the speaker and many Democrats who said he was unworthy of leadership. The next steps are uncertain, but there is no obvious successor to lead the House Republican majority. Stillness fell as the presiding officer gavelled the vote closed, 216-210, saying the office of the speaker "is hereby declared vacant. Moments later, a top McCarthy ally, Rep. Patrick McHenry, R-N.C., took the gavel and, according to House rules, was named speaker pro tempore, to serve in the office until a new speaker was chosen. The House then briskly recessed so lawmakers could meet and discuss the path forward. It was a .

Rep Matt Gaetz files resolution to oust Kevin McCarthy as speaker of House

Speaker Kevin McCarthy is facing an extraordinary referendum on his leadership of the House of Representatives after a conservative member of his own conference, a longtime critic, moved to trigger a vote on whether he should remain at the helm. I have enough Republicans where at this point next week, one of two things will happen: Kevin McCarthy won't be the speaker of the House or he'll be the speaker of the House working at the pleasure of the Democrats," GOP Rep. Matt Gaetz told reporters after he filed the motion. "I'm at peace with either result because the American people deserve to know who governs them. McCarthy responded minutes later on social media, Bring it on. Gaetz, a far-right Republican from Florida, has for months threatened to use the procedural tool called a motion to vacate to try to strip McCarthy of his office. Those threats escalated over the weekend after McCarthy relied on Democrats to provide the necessary votes to fund the government. That decision has

Joe Biden signs $1.7 trillion spending bill funding US govt operations

President Joe Biden on Thursday signed a USD 1.7 trillion spending bill that will keep the federal government operating through the end of the federal budget year in September 2023, and provide tens of billions of dollars in new aid to Ukraine for its fight against the Russian military. Biden had until late Friday to sign the bill to avoid a partial government shutdown. The Democratic-controlled House passed the bill 225-201, mostly along party lines, just before Christmas. The House vote came a day after the Senate, also led by Democrats, voted 68-29 to pass the bill with significantly more Republican support. Biden had said passage was proof that Republicans and Democrats can work together. Rep. Kevin McCarthy, the House Republican leader who hopes to become speaker when a new session Congress opens on Jan. 3, argued during floor debate that the bill spends too much and does too little to curb illegal immigration and the flow of fentanyl into the U.S. from Mexico. This is a ...

European shares at record high on gains in financials, US spending plan

Bank stocks at 15-month high; travel and leisure stocks best weekly performers

To avoid shutdown US Senate passes $1.3-trn spending bill, sends it to Prez

The measure boosts military and domestic spending, increases border security, funds infrastructure and student loan projects, and includes provisions to reduce gun violence

US spending: $1.3-trn bill will cause $800-bn budget deficits; here's how

The House of Representatives on Thursday approved the massive deal by a 256-167 vote, sending it to the Senate for its approval.

US House votes to pass $1.3-trillion spending bill to avert govt shutdown

The Republican-led chamber voted 256-167 despite opposition from the party's conservative House Freedom Caucus

US spending bill gets tough on Pak; merges Trump's security aid freeze

The bill withholds $33 million in financial assistance to Pakistan unless the Secretary of State informs the Congress that Dr Shakil Afridi is released from jail and cleared of all charges