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Sunday, December 22, 2024

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Biden signs budget expansion law that avoids government shutdown

Acting US President Joe Biden has signed the 2025 American Relief Act on Saturday, the law passed last night ‘in extremis’ to provide new funds to the Administration and avoid the so-called government “shutdown.”

“It provides federal agency funds to fiscal year 2025 until March 15, 2025 to maintain Federal Government projects and activities, includes disaster and farmer aid, extends the Agriculture Improvement Act of 2018, and extends the mandate of several authorities that were expiring,” the White House said in a statement.

Biden himself stressed that the law is the result of an agreement between the two main political parties that dominate Congress. “Neither party got everything they wanted and rejects the fast track to tax cuts for billionaires that the Republicans wanted,” said the White House tenant.

“It keeps the government open, provides the much-needed disaster relief I called for to affected communities, and the funds needed to rebuild the Francis Scott Key Bridge,” he added. In conclusion, “it’s good news for the American people, especially as families gather to celebrate these holidays.”

Congress approved the consensus proposal on Friday in a vote that has technically concluded after the deadline expired at midnight on Friday to Saturday.

This news comes after Donald Trump and his number two, JD Vance, criticized on Wednesday the spending proposal presented by the president of the House of Representatives, the also Republican Mike Johnson, after the leaders of Congress reached an agreement to extend the financing of the Government and avoid its closure, threatening to close the Government by refusing to support the aforementioned bipartisan temporary financing agreement.

In fact, shortly before the vote, the president-elect said that if there was going to be a government shutdown, it would be better if it happened “now” since he had not yet taken office and Democrat Joe Biden was in charge of the White House.

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