All posts tagged: 1.2tn

Biden signs .2tn spending package as government shutdown is averted | US Senate

Biden signs $1.2tn spending package as government shutdown is averted | US Senate

President Joe Biden on Saturday signed into law a $1.2tn budget bill to keep the US government funded through a fiscal year that began six months ago and to avert a partial shutdown, according to a statement released by the White House. “The bipartisan funding bill I just signed keeps the government open, invests in the American people, and strengthens our economy and national security,” Biden said in the statement. The bill was passed in the Senate after midnight in a vote that fell 74-24. It came after funding had expired for government agencies, but the White House sent out a notice shortly after the deadline announcing the Office of Management and Budget had ceased shutdown preparations because there was a high degree of confidence that Congress would pass the legislation and the president would sign it on Saturday. “Because obligations of federal funds are incurred and tracked on a daily basis, agencies will not shut down and may continue their normal operations,” the White House statement said. Prospects for a short-term government shutdown had …