Trump signs temporary spending bill, punting government shutdown risks to just before Christmas | Markets Insider
President Donald Trump on Thursday approved a measure that would temporarily stave off the threat of a government shutdown. But the spending bill expires on December 20. The White House and Congress have struggled to negotiate a bitter dispute over border security, preventing longer-term legislation to fund the government. Visit Business Insider's homepage for more stories.
President Donald Trump on Thursday approved a measure that would stave off the threat of a government shutdown until just days before Christmas, buying Washington additional time to negotiate a bitter dispute over border security. The short-term spending bill, known as a continuing resolution, was signed into law just hours before a critical midnight deadline. Federal funding was scheduled to expire after that point, and several federal agencies would have been forced to shutter. But it will keep the government running only until December 20, leaving the White House and Congress limited legislative days to debate the billions of dollars Trump has demanded for the construction of a wall along the southern border with Mexico. "We do not want a shutdown of government," House Speaker Nancy Pelosi said at a press conference this week. "We prefer to not have a continuing resolution. So we have to make some decisions as we go forward." An impasse over that project, which Democrats have refused to provide any funding for, led to the longest government shutdown on record at the beginning of the year. In moves that were later challenged in federal court, Trump eventually declared a national emergency and diverted money from the Pentagon to fund the border wall. While the Trump administration and Democrats were able to forge a compromise on top-line budget numbers in July, they have remained broadly divided over how to distribute the $1.4 trillion package since the start of the fiscal year in October. Border-funding issues were avoided in a stopgap measure signed on Thursday, but other major provisions were tucked in. The legislation reauthorizes parts of the Patriot Act through March, raises the pay for members of the military by about 3%, and increases the Commerce Department budget ahead of the 2020 census. The funding deadline this week came as key witnesses continued to testify in a high-profile impeachment inquiry against Trump, which stemmed from a whistleblower complaint that said he pressured Ukraine to investigate a 2020 campaign rival. Between that and partisan standoffs, some lawmakers have braced for the possibility that a budget for the full fiscal year might not be reached anytime soon. Failure to reach an agreement on the 12 appropriations bills needed for that annual funding package could instead leave Congress with a number of continuing resolutions throughout the year. "I am hopeful that we can reach a resolution soon so we can provide government agencies — our military, in particular — the funding and flexibility they need to operate efficiently and effectively," said Senate Appropriations Committee Chairman Richard Shelby. The Senate passed the continuing resolution 74-20 earlier on Thursday. At the beginning of the week, the House voted 231-192 to approve it.SEE ALSO: The US could raise $1 trillion more in taxes through stricter IRS enforcement, according to a new study Join the conversation about this story » NOW WATCH: A big-money investor in juggernauts like Facebook and Netflix breaks down the '3rd wave' firms that are leading the next round of tech disruption
More like this (3)
Summary List PlacementDemocratic leaders in the House expect to vote Monday on a $900 billion relief...Summary List PlacementDemocratic leaders in the House expect to vote Monday on a $900 billion relief package, Majority Leader Steny Hoyer said Sunday. "I'm pleased we have reached an agreement on COVID-19 relief and an omnibus, which I expect we'll pass tomorrow and send to the Senate," he tweeted. "In order to provide time to prepare the bill for consideration, the House will meet...
Trump signs measure into law hours before shutdown was due to take effect, allowing coronavirus aid...Trump signs measure into law hours before shutdown was due to take effect, allowing coronavirus aid package negotiations to continueThe US Congress approved a stopgap measure to fund the government just hours before a shutdown was due to take effect on Friday night, buying time for frustratingly slow endgame negotiations on an almost $1tn coronavirus relief package.The House passed the temporary funding bill, followed...
Congress just approved a 2-day funding extension to buy more time for stimulus negotiations, barely voting to avoid a shutdown
Summary List PlacementCongress just approved a two-day funding extension to keep the government open — and...Summary List PlacementCongress just approved a two-day funding extension to keep the government open — and buy more time in a last-ditch effort to strike an elusive deal on a $900 billion federal rescue package by midnight Sunday. The stopgap spending bill was quickly authorized in both the House and Senate on Friday evening. It cleared the House in a vote of 320-60 with...