Categories: Economy

US Senate approves government’s interim budget bill

US Senate approves government’s interim budget bill

The bill, which provides funding for ministries such as Energy, Agriculture, Transportation, Housing and Urban Development until January 19, and for the rest of the government, including the Ministry of Defense (Pentagon), until February 2, was approved by the Republican Party. controlled by the House of Representatives and then the Democratic-dominated US Senate. It was also accepted in .

In the vote held in the Senate, 11 deputies voted against the bill and 87 deputies voted in favor.

SECOND TEMPORARY BUDGET TO AVOID GOVERNMENT CLOSURE

Although there are days left before the expiration of the transitional budget, which was adopted on September 30, when fiscal year 2023 ended in the country, and provided financing to the government until November 17, the new bill approved by the Senate. to US President Joe Biden to sign it and make it law.

If enacted, the bill in question will be the second interim budget to avoid a government shutdown in fiscal year 2024, which begins October 1, 2023.

Under US law, if Congress cannot pass the permanent budget for the fiscal year that begins October 1 and ends September 30, the gap must be closed with temporary budgets. During periods when the interim budget cannot be approved, federal institutions that lose their spending authority temporarily cease their activities. (AA)

Source: Sozcu

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