Economy & Politics

Second Shutdown 2018: Congress Votes to Pass Two-Year Budget

Congress has voted to pass a two-year budget, meaning the US’s second shutdown in three weeks could end before the working day begins.

The Senate and the House have passed the measures, but still need to be signed off by President Donald Trump.

Federal funding for government services expired at midnight on February 8, after the Senate missed a voting deadline.

The 650-page plan proposes an increase in spending, by about $300 billion, on defense and domestic services.

Senators struggled with last-minute objections from Republican Rand Paul, meaning they did not vote in time. The shutdown came within three weeks of the last one, as lawmakers wrangle over the spending plan and other political demands on either side.

Image source Wikipedia

Government Shutdown: Senate Fails to Pass New Budget

The House approved the bill by 240 votes to 186. The Senate had passed it by 71 to 28 three hours earlier.

Paul Ryan said the bill was “a great victory for our men and women in uniform” as the military would get more resources.

The House Speaker said: “Ultimately, neither side got everything it wanted in this agreement, but we reached a bipartisan compromise that puts the safety and wellbeing of the American people first.”

While the spending bill’s funding for the Pentagon delighted the national security wing of the party, fiscal conservatives were concerned about ramifications for the nation’s debt.

The 650-page spending plan was only unveiled on February 8, so the finer details are still unclear.

White House legislative affairs director Marc Short said the package would increase spending by “just shy” of $300 billion.

The bill contains $165 billion of additional defense spending and $131 billion in domestic spending, including funding for healthcare, infrastructure and tackling the US opioid crisis, reports Reuters news agency.

The proposal would raise the US debt ceiling until March 2019.

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

5 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago