US President Joe Biden approves short-term government funding

US President Joe Biden approves short-term government funding

THE White House announced on Friday that President Joe Biden has approved of the stop gap funding bill that will allow for some federal agencies to extend current-level funding through March 1 and others through March 8.

The law was passed just in time as a partial shutdown would have started on Saturday if it were not swiftly approved by Congress, Senate, and the president.

Senate Majority Leader Democrat Chuck Schumer and House Republican Mike Johnson initially agreed to a $1.59-T discretionary spending level for the fiscal year, but democrats now assert that the agreed-upon amount is $1.66-T, which has led to delays in the approval of the budget.

The said law is the third stopgap measure that has been passed by Congress since September, allowing legislators to finalize a comprehensive budget for government agencies.

 

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