Saturday, January 29, 2022
News

Biden signs short-term funding bill to avert govt shutdown

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Washington | Saturday, 2021 10:45:09 AM IST
The US President Joe Biden has signed a short-term funding bill that will keep the federal government running through February 18, 2022, avoiding a looming partial shutdown.

"Funding the government isn't a great achievement. It's a bare minimum of what we need to get done," Xinhua news agency quoted Biden as saying on Friday.

"But in these times, a bipartisan cooperation is worth recognition," Biden said, urging Congress to use the time this bill provides to work toward a bipartisan agreement on a full-year funding bill.

Both chambers of Congress on Thursday passed the bill to keep the federal government open until mid-February, just one day before the previous government funding was set to expire.

In recent years, lawmakers have been constantly struggling to reach agreement on government spending, and it has been almost a routine to pass some type of stopgap measure during holiday season. In September, the US Congress passed a stopgap measure to fund the government until December 3.

"This is the 25th year in a row that Congress hasn't passed appropriations bills on time. It's truly unacceptable that our leaders can't fulfill this basic function of government," said Maya MacGuineas, President of the Committee for a Responsible Federal Budget, a US watchdog group.

"When they do finally agree on appropriations for this fiscal year, they should do so in the context of extending discretionary budget caps at responsible levels. With inflation high and debt near record levels, the last thing we need is to grease the wheels with even more deficit-financed spending," MacGuineas said.

--IANS int/shs

( 272 Words)

2021-12-04-04:30:32 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
SSV Ramakumar gets extension as Director...
CBSE ICSE Term 2/Semester 2 Boards: Addi...
TVS Motor Company acquires Switzerland's...
India has the potential to overtake Japa...
MX TakaTak partners with Nas Academy for...
Statue Grooming by Wild Stone: Great Men...
More...
 
INDIA WORLD ASIA
IPL player Vikas Tokas accuses Delhi pol...
Omicron replaces Delta as dominant varia...
BJP trying to polarise voters, would not...
International Labour Organization hosts ...
Mystery over migratory birds' 'carcasses...
Slogans raised hailing Jayant Chaudhary ...
More...    
 
 Top Stories
US discusses response to Russian pr... 
IPL player Vikas Tokas accuses Delh... 
US says no decision made on releasi... 
US diplomat to visit Lithuania to d... 
Omicron replaces Delta as dominant ... 
Austin, German Defense Minister dis... 
'Urgent, renewed effort' needed to ... 
BJP trying to polarise voters, woul...