President Biden signs $1.2 trillion US spending bill
President Biden has officially signed a $1.2 trillion spending package into law, ensuring the continued funding of the U.S. government for the fiscal year that began six months ago. The package, which received overwhelming support from Congress, is hailed by Biden as an investment in the American people and a bolstering of both the economy and national security. However, President Biden urges Congress to pass other bills currently stuck in legislative limbo.
President Biden’s Call to Action
“The House must pass the bipartisan national security supplemental to advance our national security interests,” stated Biden. He emphasized the importance of Congress passing the bipartisan border security agreement, highlighting it as containing some of the most rigorous and equitable reforms in decades. Biden stressed that it’s time to move forward on these crucial matters.
Senate’s Approval
The spending bill passed through the Senate with a notable 74-24 vote, securing funding for key federal agencies such as the departments of Homeland Security, Justice, State, and Treasury. These agencies, including the Internal Revenue Service housed within the Treasury Department, will now remain funded through September 30.
Omissions and Business Community’s Response
However, the bill did not include funding for military aid to Ukraine, Taiwan, or Israel, which are part of a separate Senate-passed bill that the House of Representatives has yet to address. Despite this omission, the business community welcomed the passage of the spending bill, committing to work with policymakers to advance legislation aimed at enhancing tax breaks for businesses and low-income families.
Negotiations and Delays
Senate leaders spent hours negotiating various amendments to the budget bill on Friday, although ultimately these were defeated. The delays pushed passage beyond the Friday midnight deadline. However, the White House expressed confidence that the Senate would promptly pass the bill, ensuring that agencies would not face shutdown orders.
Partisan Divide and Republican Discord
While the bill successfully passed through Congress, it underscored deep partisan divides, particularly within the House’s narrow and fractious Republican majority. Representative Marjorie Taylor Greene, a conservative firebrand, threatened to force a vote to remove Speaker Mike Johnson, a fellow Republican, for allowing the measure to pass.
Budgetary Details and Opposition
The 1,012-page bill provides $886 billion in funding for the Defense Department, including a raise for U.S. troops. However, opposition to the bill centered around its perceived excessive spending. Senator Rand Paul and others criticized the bill as reckless, warning of inflationary impacts and its burden on taxpayers.
Reflections on Previous Shutdowns
The bill’s passage also evoked memories of previous federal government shutdowns, particularly during Donald Trump’s presidency, highlighting the ongoing challenges in reaching bipartisan agreements on budgetary matters.
Continuing Challenges and Departures
Despite the bill’s passage, challenges remain on the horizon. Departures within the Republican caucus, including Ken Buck and Mike Gallagher, threaten to further complicate matters for Speaker Johnson. The looming departure of these members will significantly narrow Johnson’s majority, leaving little room for dissent within the party on future legislative measures.
In sum, while the spending package ensures continued government funding, it also highlights the ongoing political divisions and challenges in Washington. As lawmakers depart for a two-week break, the unresolved issues and looming departures underscore the complexities of governing in a deeply divided political landscape.