U.S. Congressional Budget Deals 'Shutdown'...Biden's signature

2024.12.22. AM 02:28
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As the U.S. Congress processed the extraordinary budget bill and President Joe Biden finished signing it, the U.S. government avoided a shutdown that had been heightened by Trump's demand to "abolish the debt limit," or a temporary suspension of work.President

Joe Biden signed and legislated a budget bill passed by the U.S. Congress, which the White House says "federal agencies can continue to operate normally without shutdowns."

Earlier on the 18th, the U.S. ruling and opposition parties agreed on a temporary budget plan to execute the budget by March next year, but Republicans reversed the agreement as Trump insisted that the debt ceiling be suspended and the agreement should be taken out.

Republicans voted on a new budget plan that included a two-year grace period on the debt limit, but it was rejected by Democrats as well as their own parties, and the new agreement left out Trump's demand for the abolition of the debt limit.

Tesla CEO Elon Musk threatened to oust lawmakers in favor of the original agreement, and some argued that restrictions on public investment were excluded from the budget because Musk opposed it because of the Chinese factory.



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