Trade Insights Today - Investing and Stock News
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Trade Insights Today - Investing and Stock News
No Result
View All Result
Home Latest News

Biden says $1.2T spending package is ‘good news for the American people,’ but Congress’ work isn’t over

by
March 25, 2024
in Latest News
0
Biden says $1.2T spending package is ‘good news for the American people,’ but Congress’ work isn’t over
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

President Joe Biden thanked Congressional leaders Saturday after the Senate passed a controversial six-bill government funding package in the early hours of the day following a brief partial government shutdown. 

‘Thank you to Leaders Schumer and McConnell, Senators Murray and Collins, Speaker Mike Johnson, Leader Jeffries, and Representatives Granger and DeLauro, for their leadership,’ Biden said in a statement.

The President called the mammoth $1.2 trillion spending package ‘a compromise,’ which, he said, ‘means neither side got everything it wanted.’

‘But it rejects extreme cuts from House Republicans and expands access to child care, invests in cancer research, funds mental health and substance use care, advances American leadership abroad, and provides resources to secure the border that my Administration successfully fought to include,’ Biden said in a statement. 

The President proceeded to call the package ‘good news for the American people.’

‘But I want to be clear: Congress’ work isn’t finished,’ Biden continued in the statement. 

He went on to urge the House of Representatives to pass the bipartisan national security supplemental and Congress to pass the bipartisan border security agreement, calling it ‘the roughest and fairest reforms in decades’ in a means to secure the border. 

‘It’s time to get this done,’ Biden said. 

Senators voted in favor of passing the spending package by a vote of 74-24. The text for the group of bills was only unveiled in the early hours of Thursday morning.

The appropriations measures were then considered in the House Friday morning. They were ultimately passed by a vote of 286–134, with a majority of Republicans, 112, voting against them. 

Prior to the package’s approval by the upper chamber, the outlook for avoiding a partial government shutdown looked bleak, as Republican senators claimed Democrats were unwilling to take up their requested amendment votes. 

It was only in the last hour that senators appeared to have reached an agreement, returning to the chamber floor and exchanging papers prior to beginning the voting process. 

A $460 billion funding package that included six of the twelve appropriations bills passed in both chambers earlier this month, despite vocal Republican opposition to the amount being spent, what the money is being put toward, and what they described as breaches of procedure.

Fox News’ Julia Johnson contributed to this report.

This post appeared first on FOX NEWS
Previous Post

Donald Trump Jr. wants a ‘fighter’ to serve as Trump’s VP: ‘Someone who can take those hits’

Next Post

Consumer advocates, realtors hail NAR settlement: What it means for buyers and sellers

Next Post
Consumer advocates, realtors hail NAR settlement: What it means for buyers and sellers

Consumer advocates, realtors hail NAR settlement: What it means for buyers and sellers

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • Trending
    • Comments
    • Latest
    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    April 3, 2024
    Consumers are tired of price increases. Big brands are paying attention.

    Consumers are tired of price increases. Big brands are paying attention.

    February 23, 2024
    CoHomies ICO (CHM): Revolutionizing Real Estate Investment

    CoHomies ICO (CHM): Revolutionizing Real Estate Investment

    December 8, 2023
    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    0
    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    0
    Here are the nine Republicans running for House speaker

    Here are the nine Republicans running for House speaker

    0
    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    July 7, 2025
    Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

    Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

    July 6, 2025
    Democrats project doom and gloom, not celebration, with July 4 messages

    Democrats project doom and gloom, not celebration, with July 4 messages

    July 5, 2025
    • About us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Tradeinsightstoday.com

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Tradeinsightstoday.com