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Friday, June 21, 2024

Joe Biden signs $460 Billion spending package

Key Takeaways:

  • President Biden signed a $460 billion spending package on Saturday, March 9, 2024, averting a potential government shutdown.
  • The bill, known as H.R. 4366 or the “Consolidated Appropriations Act, 2024,” provides full-year funding through September 30, 2024, for various federal departments and agencies covered by 6 of the 12 appropriations bills.
  • The bill allows for the hiring of more air traffic controllers and rail safety inspectors, provides federal firefighters with a raise, and increases support for homeless veterans.

On Saturday, President Joe Biden signed a $460 billion spending package, avoiding a government shutdown.

The signing of the bill comes as a relief to many, as lawmakers had been relying on a series of stopgap measures to keep federal agencies funded for short periods while struggling to reach a long-term agreement.

The Spending Bill

The spending bill would allow for the hiring of more air traffic controllers and rail safety inspectors, provide federal firefighters with a raise, and increase support for homeless veterans. The bill’s passage also ensures that agencies can continue their normal operations without disruption.

The spending package, which covers six annual spending bills, is the result of negotiations between leaders and negotiators from both parties in both chambers. The Senate passed the bill by a vote of 75-22, despite some lawmakers seeking votes on amendments and wanting to voice their opinions on various priorities during the floor debate.

While some Republican lawmakers sought steeper cuts and more policy victories, the bill shows progress in keeping non-defense spending relatively flat compared to the previous year. Democrats were able to get rid of policies that Republicans sought to include, such as blocking new rules that expand access to the abortion pill ‘mifepristone’ and fully funding the WIC nutrition program for low-income women, infants, and children.

Publisher and editor of LJLNews. I am a Stock Market enthusiast, with an interest for politics. I hope you enjoy reading the articles! Contact me at: Lazaruslucas@ljlnews.com

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