In order to avoid the government "closing down", US President Biden has signed a temporary Appropria

Date:10-01  Hits:  Belong to:Hot news
Original title: in order to avoid the government "closing down", US President Joe Biden has signed a temporary Appropriation Bill
On September 30 local time, US President Biden signed a temporary Appropriation Bill and extended the government appropriation until December 3, avoiding the suspension of the government due to its inability to pay operating expenses.
According to the associated press on September 30, earlier in the day, the spending bill was passed in the U.S. Senate and house of representatives with 65 votes in favor, 35 votes against, 254 votes in favor and 175 votes against. It is reported that the passage of this bill will buy more time for parliamentarians to formulate expenditure policies and provide funds for federal agencies and projects managed by them.
The report said that in addition to providing funds for the government, the bill will also provide disaster relief funds to provide assistance to people hit by storms and wildfires this summer. In addition, some of the funds will be used to help deal with and resettle Afghan refugees.
"There is still a lot to do, but this bill tells us that bipartisan cooperation is possible," Biden said on the same day. "This appropriation bill also gives us time to keep our government running and serve the American people."
The signing of the bill has avoided the crisis of "shutdown and closure" of the government, but another crisis on the "debt ceiling" continues. According to previous reports, US Treasury Secretary Yellen warned on September 28 that if the US Congress does not solve the debt ceiling problem in time, the US Treasury will use up the borrowing space on October 18, and the federal government will face the first debt default in history. Due to the spread of concerns about U.S. debt default, global financial markets have experienced severe shocks recently. As of early September, the US federal government debt had exceeded US $28.7 trillion.
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