US Congress Approves Budget Bill, Headed to Biden for Signature – Breaking News
The US Senate has approved a budget bill providing $460 billion in financing to various government institutions until the end of the 2024 fiscal year. The bill, which received 75 votes to 22 in the Senate, was also passed by the House of Representatives with a vote of 339 against 85.
The bill, passed just hours before the expiration of the temporary budget, will provide funding to key departments such as Veterans Affairs, Agriculture, Transportation, and Justice. It will now be sent to President Joe Biden for his signature to officially become law. If signed, the bill will prevent a potential government shutdown due to lack of funding.
The temporary budget, which covers other government departments including Defense, Labor, and Health, is set to expire on March 22. Congress has approved several temporary budgets to ensure the government remains operational in the 2024 fiscal year.
In the event that a permanent budget cannot be approved by Congress for the upcoming fiscal year, temporary budgets are utilized to bridge the gap and prevent government shutdowns. It is crucial for the smooth functioning of federal institutions that funding is secured in a timely manner to avoid any disruptions in services.
