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US shutdown averted, with funding bill rushed by Senate
Financial Express Kolkata
|December 22, 2024
Gets overwhelming approval in the House of 366-34
FACING A GOVERNMENT shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fund federal operations and disaster aid, dropping President-elect Donald Trump's demands for a debt limit increase into the new year.
House Speaker Mike Johnson had insisted Congress would "meet our obligations" and not allow federal operations to shut ter ahead of the Christmas holiday season. But the day's outcome was uncertain after Trump doubled down on his insistence that a debt ceiling increase be included in any deal — if not, he said in an early morning post, let the closures "start now."
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