$1.66 trillion! The two parties in the United States have reached a spending agreement, and the government has suspended the crisis
六月清晨搅
发表于 2024-1-8 10:47:22
229
0
0
Last Sunday (7th) local time, US congressional leaders announced an agreement on the highest spending level for the fiscal year 2024 (October 1, 2023 to September 30, 2024), reducing the possibility of partial government shutdown on January 20th.
Senate Majority Leader and Democrat Chuck Schumer, along with House Speaker and Republican Mike Johnson, negotiated and reached this agreement, clearing the way for the Senate and House Appropriations Committees to negotiate detailed spending bills as they have overall limits on the total amount of spending bills.
According to Johnson, the agreement sets a cap of $1.59 trillion on 12 annual expenditure bills, of which $886 billion is for defense spending and $704 billion is for non defense spending.
However, Democrats have stated that they have received a certain amount of funding allowed under the "collateral agreement" with the debt ceiling.
Schumer and House Democratic leader Hakeem Jeffries said in a statement, "By ensuring $772.7 billion in non defense discretionary funding, we can protect key domestic priorities such as veterans' welfare, healthcare, and nutritional aid from the severe cuts sought by right-wing extremists."
Therefore, with approximately $70 billion in ancillary transactions, the actual upper limit is $1.66 trillion. An aide to a Democratic congressman in Congress stated that the difference between the two was an "adjustment portion" and was included in the agreement on that day.
After the bipartisan agreement, US President Biden issued a statement saying that the spending agreement "takes us one step closer to preventing unnecessary government shutdown.". He called on Republicans in Congress to stop threatening to put the government in a "shutdown" and fulfill their basic responsibilities.
"Now, Republicans in Congress must do their job well, stop threatening to shut down the government, and fulfill their basic responsibilities to provide funding for key domestic and national security priorities, including my supplementary requests. Now is the time for them to take action," he wrote.
However, the matter is not over yet, and the US government has not completely avoided the "shutdown crisis".
It is reported that most federal government agencies in the United States will be shut down on January 19th due to running out of operating funds, and the remaining agencies will run out of operating funds on February 2nd. Analysts point out that although the agreement has driven the legislative process of potential funding bills, it does not indicate that the two parties in Congress have bridged their differences, and the 12 funding bills are still on hold.
Johnson admitted in the letter that the level of spending reached in the agreement "cannot satisfy everyone" and cannot be reduced as expected by some lawmakers. Therefore, the possibility of a federal government shutdown still exists.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Alcohol and health assets offset debt? Outbreak of the "Haiyin System" Crisis | Focus on "3.15"
- Tesla may reduce production in China to cope with the crisis of slowing growth
- The largest airline in the Middle East rated "Boeing Crisis": Companies need to transition to an engineer driven governance model
- Does the Fed's interest rate cut prediction imply a crisis? Wall Street tycoons: heralding impending recession
- TSMC: Capital expenditure target for this year remains unchanged at $28 billion to $32 billion
- TSMC's Q2 financial report exceeded expectations in all aspects, with a focus on expanding production of advanced processes and increasing annual capital expenditures
- Make a fortune from the geopolitical crisis! US military industry stocks exploded in July, far outperforming the market
- Ford Motor Company will reduce capital expenditures on pure electric vehicles
- Boeing is experiencing a new crisis! More than 30000 workers go on strike for salary increase, multiple models delivered or affected
- Workers pursue production speed without sufficient training, Boeing is deeply mired in quality crisis
-
AIエクスプレスによると、10月3日、米株の人気の中概株盤の前が低くなり、ピッピッピッと5%近く下落し、相多、名創優品、小鵬自動車は3%超下落し、百度、蔚来自動車、京東は2%超下落した。 ...
- SOGO
- 前天 17:06
- 支持
- 反对
- 回复
- 收藏
-
ナスダック中国の金龍指数は5%超上昇し、楽しい自動車は120%超上昇し、金山雲は18%超上昇し、ピシャリと12%超上昇し、子牛の電動、怪獣の充電は10%超上昇し、愛奇芸は8%超上昇し、テンセント音楽、新東方は7%超上昇 ...
- hecgdge4
- 前天 10:28
- 支持
- 反对
- 回复
- 收藏
-
米非農業雇用データが発表され、FRBの利下げペースは鈍化したか。 現地時間10月4日、米国の最新の非農業雇用データは予想をはるかに上回った。市場はFRBの利下げペースが鈍化すると予想している。このデータが発表 ...
- 内托体头
- 半小时前
- 支持
- 反对
- 回复
- 收藏
-
EUが中国の電気自動車に関税を課す方針、独首相と財務相が反発 ドイツ連邦のショルツ首相は現地時間の10月2日、EUが中国の電気自動車に一時的な補助金税を課す紛争を解決するために中国と交渉することを表明した。 ...
- 寒郁轩良
- 昨天 10:13
- 支持
- 反对
- 回复
- 收藏