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Senate Passes Bill Averting Government Shutdown

The Owner Press by The Owner Press
December 21, 2024
in Business News
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WASHINGTON — The Senate handed a invoice early Saturday morning that may avert a expensive authorities shutdown by preserving it working into March and supply greater than $100 billion in catastrophe support for storm-wracked states throughout the nation.

The 85-11 vote on the laws adopted days of chaos within the Republican-controlled Home of Representatives, which struggled to succeed in settlement on a spending invoice after objections to sure provisions from President-elect Donald Trump and mega-billionaire Elon Musk.

Ultimately, Democrats denied Trump a key precedence: a hike within the authorities’s borrowing authority that he demanded to make life simpler for himself as he prepares to cross one other spherical of expensive tax cuts throughout his second time period within the White Home. Trump even threatened to seek out main election challengers for GOP lawmakers who opposed climbing the debt ceiling however was rebuffed by the overwhelming majority of his social gathering.

Trump stayed quiet because the Republican yea votes within the Home ― 170 of them ― rolled in on Friday and was reportedly sad the invoice didn’t include his important demand, in accordance with Semafor’s Burgess Everett.

“The president has been very vocal about what he needs. He needs a debt restrict, he needs it executed earlier than he will get into workplace … and the very first thing he’s requested us to do, we’re not in a position to ship. That’s an issue,” Sen. Markwayne Mullin (R-Okla.), a prime Trump ally, informed HuffPost.

However Democrats didn’t get all the pieces they needed, both.

Republican lawmakers, underneath stress from Musk and his military of supporters on social media, stripped from the invoice a number of provisions that had bipartisan help, together with prescription drug reforms, pay hikes for members of Congress, expanded restrictions on U.S. investments in China and laws that will crack down on revenge porn and hidden resort charges.

“Although this invoice doesn’t embody all the pieces Democrats fought for, there are main victories on this invoice for American households — present emergency support for communities battered by pure disasters, no debt ceiling, and it’ll preserve the federal government open with no draconian cuts,” Senate Majority Chief Chuck Schumer (D-N.Y.) stated in a press release on Friday.

Senate Majority Leader Chuck Schumer (D-N.Y.), shown here at a Hanukkah event at the U.S. Capitol on Dec. 17, says there are wins for American families in the newly passed government spending package will resurface.
Senate Majority Chief Chuck Schumer (D-N.Y.), proven right here at a Hanukkah occasion on the U.S. Capitol on Dec. 17, says there are wins for American households within the newly handed authorities spending bundle will resurface.

ALLISON ROBBERT/AFP through Getty Photos

The invoice now heads to President Joe Biden’s desk. The White Home stated he would signal it into regulation.

Musk additionally celebrated the invoice’s passage on X, his social media platform, crediting Home Speaker Mike Johnson (R-La.) for paring down the dimensions and price of the invoice considerably.

“The Speaker did a superb job right here, given the circumstances. It went from a invoice that weighed kilos to a invoice that weighed ounces,” he wrote in a single post.

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Democrats, in the meantime, vowed to take up the jettisoned provisions within the subsequent authorities funding invoice in March. Additionally they accused Republicans of kowtowing to Musk by killing a bipartisan provision that could limit his companies’ capacity to function in China. Because the CEO of Tesla, Musk has intensive enterprise connections to China, and his enterprise has a significant manufacturing plant in Shanghai.

“It’s attention-grabbing that there have been a bunch of provisions that will have impacted companies’ backside strains and billionaires’ backside strains that didn’t make it into the ultimate invoice,” Sen. Chris Murphy (D-Conn.) stated. “I sort of suppose that’s going to be the story in 2025, is that billionaires are going to resolve what Republicans help and what they don’t.”



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