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Biden Approves $460 Billion Spending Bill, Avoids Government Shutdown

President Joe Biden took a significant step on Saturday by signing the first of two expansive spending bills into law, effectively averting the looming threat of a partial government shutdown and ensuring continuity in Washington’s operations.

The White House promptly announced Biden’s endorsement of the comprehensive six-bill package, amounting to $460 billion, thereby securing funding for numerous federal agencies throughout the remainder of the fiscal year.

Expressing gratitude, the White House acknowledged the pivotal roles played by Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell, House Speaker Mike Johnson, and other lawmakers in shepherding the bills through both chambers of Congress.

The bill, which received resounding approval in the Senate with a 75-22 vote on Friday evening, encompasses funding allocations for vital departments, including Veterans Affairs, Agriculture, Interior, Transportation, Housing and Urban Development, Justice, Commerce, and Energy, among others.

Biden

Biden (Credits: CNBC)

Earlier in the week, the House of Representatives overwhelmingly passed the bill by a vote of 339-85.

Senate Majority Leader Chuck Schumer, in anticipation of the crucial vote, remarked, “After months of diligent efforts, we bring positive tidings to the nation: Tonight, the Senate has clinched an agreement to avert a shutdown concerning the initial six funding bills.

This ensures the continued support for essential programs benefiting mothers and children, veterans, environmental initiatives, housing, and various other sectors.”

The bill’s journey through the Senate was not without hurdles, as Republicans raised concerns and sought amendments on issues such as immigration. However, the urgency to avert a shutdown prompted an agreement to proceed without amendments, as any alterations would necessitate the bill’s return to the House, which had adjourned for the weekend, essentially guaranteeing a government shutdown.

Though Republicans highlighted some successes in securing cuts to agencies like the FBI, Environmental Protection Agency, and Bureau of Alcohol, Tobacco, Firearms and Explosives, Democrats also celebrated significant victories.

These include securing $7 billion for the Women, Infants, and Children (WIC) program, aimed at providing crucial nutrition assistance to mothers and children, as well as funding for rental assistance and the school lunch program.

Looking ahead, lawmakers are confronted with a looming deadline of March 22 for the remaining six full-year spending bills, which would allocate funds to crucial areas such as the departments of Defense, Homeland Security, and Health and Human Services.

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