Wednesday, July 9, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeWorldUS Senate takes...

US Senate takes important step to avoid budget paralysis

This Thursday, the US Senate passed a measure to partially fund the federal government, which aims to delay the specter of budget paralysis until early March.

The House must now vote on the same text and, if approved, send it to President Joe Biden’s office for release before midnight Friday, the date that federal funding from parts of the state expires.

Otherwise, thousands of government employees will be forced into technical unemployment, including thousands of air traffic controllers.

US lawmakers were forced to quickly vote on the measure to avoid the famous partial shutdown while Washington faces a snowstorm on Friday and the House of Representatives has already canceled a vote scheduled for that day.

The bill would allow the government to continue funding government spending until early March, giving elected officials time to agree on a larger budget and spending details.

“If both sides continue to work in good faith, we can avoid a shutdown without last-minute whims or unnecessary worry for so many Americans,” Democratic Senate Majority Leader Chuck Schumer said in a speech.

Congress’s repeated failure to pass a budget for the fiscal year (which began four months ago) illustrates North America’s institutional dysfunction, with short-term fiscal measures often used to avoid fiscal paralysis.

The text, which was voted on Thursday, was the subject of tough negotiations between the Republicans who represent the majority in the House of Representatives and the Democrats who make up the majority in the Senate.

Dozens of elected House Republicans, mostly ultra-conservatives, are expected to vote against the stopgap measure. However, expected support from elected Democrats should allow it to pass.

In early January, Republican House Speaker Mike Johnson announced an agreement with Democrats on the overall government budget for fiscal year 2024, setting the federal spending cap at about $1.7 billion (€1.56 billion).

Disagreements between the two sides relate to cost items.

Joe Biden thus formulated his request for an additional $106 billion (97.5 billion euros) in the budget, mainly to help Ukraine and to a lesser extent Israel.

Leaders of both parties in the Senate favor support for Kyiv, but several Republican lawmakers in the House of Representatives say such support is not in the US interest.

Another sensitive topic being discussed is the large number of migrants on the border with Mexico.

Both Republicans and Democrats agree that there is a crisis, but they disagree on the appropriate response. The first goal is primarily to limit the right to asylum and tighten measures on deportation.

Author: Lusa
Source: CM Jornal

Get notified whenever we post something new!

Continue reading

The head of the Abkhazian Foreign Ministry assessed the relations between Russia and Georgia

It is in Abkhazia's interest to develop relations between Russia and Georgia, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3."I think it is in our interest to see things develop normally. I do not believe...

The head of the Abkhazian Foreign Ministry called on the Russian Federation to consider how to improve relations with the Russian Federation

Abkhaz political forces need to think together about how to improve relations with Russia, which have begun to deteriorate, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3.He commented on a document that appeared on social...

Sports Minister Degtyarev punished a State Duma deputy for changing citizenship

State Duma deputies who previously changed their sports citizenship are disgusting, Russian Sports Minister Mikhail Degtyarev said on September 4 during a speech at the EEF-2024 forum.Degtyarev said he was not against Russian athletes taking part in international competitions...