The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Politics

Biden says $1.2T spending package is ‘good news for the American people,’ but Congress’ work isn’t over

by March 25, 2024
March 25, 2024
Biden says $1.2T spending package is ‘good news for the American people,’ but Congress’ work isn’t over

President Joe Biden thanked Congressional leaders Saturday after the Senate passed a controversial six-bill government funding package in the early hours of the day following a brief partial government shutdown. 

‘Thank you to Leaders Schumer and McConnell, Senators Murray and Collins, Speaker Mike Johnson, Leader Jeffries, and Representatives Granger and DeLauro, for their leadership,’ Biden said in a statement.

The President called the mammoth $1.2 trillion spending package ‘a compromise,’ which, he said, ‘means neither side got everything it wanted.’

‘But it rejects extreme cuts from House Republicans and expands access to child care, invests in cancer research, funds mental health and substance use care, advances American leadership abroad, and provides resources to secure the border that my Administration successfully fought to include,’ Biden said in a statement. 

The President proceeded to call the package ‘good news for the American people.’

‘But I want to be clear: Congress’ work isn’t finished,’ Biden continued in the statement. 

He went on to urge the House of Representatives to pass the bipartisan national security supplemental and Congress to pass the bipartisan border security agreement, calling it ‘the roughest and fairest reforms in decades’ in a means to secure the border. 

‘It’s time to get this done,’ Biden said. 

Senators voted in favor of passing the spending package by a vote of 74-24. The text for the group of bills was only unveiled in the early hours of Thursday morning.

The appropriations measures were then considered in the House Friday morning. They were ultimately passed by a vote of 286–134, with a majority of Republicans, 112, voting against them. 

Prior to the package’s approval by the upper chamber, the outlook for avoiding a partial government shutdown looked bleak, as Republican senators claimed Democrats were unwilling to take up their requested amendment votes. 

It was only in the last hour that senators appeared to have reached an agreement, returning to the chamber floor and exchanging papers prior to beginning the voting process. 

A $460 billion funding package that included six of the twelve appropriations bills passed in both chambers earlier this month, despite vocal Republican opposition to the amount being spent, what the money is being put toward, and what they described as breaches of procedure.

Fox News’ Julia Johnson contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Biden campaign rips page from Trump playbook with name-calling strategy
next post
Biden use of Hamas death count challenged by prominent statistician, says numbers ‘aren’t accurate’

You may also like

Putin fueling regional tensions as Blinken arrives in...

Trump gets last-minute round of big-name endorsements including...

Mexico sues Google for changing ‘Gulf of Mexico’...

Biden admin hires czar to monitor school book...

JD Vance’s wife, Usha Vance, set to become...

Hawley says Garland should invoke 25th Amendment if...

Matt Gaetz resigns from Congress over Trump nod...

Biden administration concerned over corruption in Ukraine but...

Trump adds RFK Jr., Tulsi Gabbard to his...

FBI Director Christopher Wray announces resignation

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • ‘A fear campaign.’ Students around the world are shocked, scared and saddened...

    • North Korea deploys mystery balloon-like objects to stricken warship, satellite photos show

    • NVIDIA Rallies After Strong Q1, AI Demand Outshines China Export Hit

    • US senators meet with Zelensky in Kyiv as doubt cast over upcoming Ukraine-Russia peace talks

    • Israel’s plan to ‘conquer’ Gaza is leaving Palestinians with little place to go: 5 maps show how

    Categories

    • Business (1,673)
    • Investing (4,999)
    • Politics (7,837)
    • World (6,349)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top