Biden signs government funding bill, averting a partial shutdown




  • In Business
  • 2022-09-30 22:28:51Z
  • By CBS MoneyWatch
 

President Biden has signed a short-term government funding bill to keep the government operating, the White House announced late Friday, avoiding a partial shutdown that would have otherwise occurred when the fiscal year runs out at midnight.

The law funds the federal government at current spending levels through Dec. 16, by which point Congress will have to pass additional legislation to keep the government running. The law also provides more than $12 billion in security and financial assistance to Ukraine, as it continues to push back against Russia's onslaught.

The White House thanked Senate and House leadership for pushing the funding across the finish line before the deadline.

But the short-term move only delays bigger decisions about congressional spending priorities. Those won't come until after the midterm elections determine control of the House and Senate. The Senate won't return until after the midterms.

The law also includes $1 billion to help families with heating and cooling costs, as well as $2.5 billion to assist New Mexico with recovery from the latest wildfire to hit the state and $20 million in emergency funding for water and infrastructure improvements in Jackson, Mississippi. It doesn't include the White House's desire for more funding in response to the COVID-19 pandemic and monkeypox outbreak.

Mr. Biden has indicated he may need to request additional funding from Congress to help Florida's recovery from Hurricane Ian.

- Melissa Quinn contributed to this report.

COMMENTS

More Related News

How Biden is navigating his rocky relationship with McCarthy
How Biden is navigating his rocky relationship with McCarthy

Biden and McCarthy will have to find compromise come January, when the GOP takes control of the House of Representatives and the Bakersfield Republican is...

U.S. plans to boost purchases of Native goods, revitalize tribal languages
U.S. plans to boost purchases of Native goods, revitalize tribal languages
  • US
  • 2022-11-30 11:03:29Z

The Biden administration will announce new actions on Wednesday to give Native American tribes more say in managing federal lands, boost purchases of tribal ...

Abcarian:  Enjoyed the Benghazi hearings? You
Abcarian: Enjoyed the Benghazi hearings? You're gonna love the coming Republican era of "angertainment"

Inflation and crime? So last year. Republicans are now laser-focused on something really important: Hunter Biden's laptop.

Biden shows little urgency as Dems mull 2024 primary shakeup
Biden shows little urgency as Dems mull 2024 primary shakeup

Democrats considering shaking up the order of their 2024 presidential primary are waiting on President Joe Biden, anxious to see if he'll endorse stripping...

Congress prepares to take up bill preventing rail strike
Congress prepares to take up bill preventing rail strike
  • World
  • 2022-11-30 05:07:03Z

Congress is moving swiftly to prevent a looming U.S. rail workers strike, reluctantly intervening in a labor dispute to stop what would surely be a...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business