Monday, December 23, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

Senate reaches deal to avoid a US government shutdown

Washington, Sep 30 (Prensa Latina) A last-minute agreement between Democrats and Republicans will allow Senate to vote on a stopgap government funding measure to prevent a shutdown.

Senate Majority L eader Chuck Schumer announced Tuesday night the agreement reached to maintain short-term government funding bill through December 3.

We have an agreement on the continuing resolution to prevent a government shutdown, and we should be voting on that Thursday morning, Schumer said.

According to Schumer, the stopgap funding bill will include emergency funds to face natural disasters and for the resettlement of Afghan refugees.

Government funding ends on Thursday, but Schumer reported that the Senate could ‘approve this measure quickly and send it to the House so it can reach the president’s desk before funding expires midnight tomorrow (today)’.

Efforts to prevent a government shutdown have entered a controversy in recent days because it is urgent to fix the United States debt limit.

Democrats tried to bring both fiscal problems (debt limit and government financing) together and pass a law that would respond to both issues, but the purpose was shipwrecked in the Senate due to GOPers´ opposition.

Treasury Secretary Janet Yellen told congressional leaders in a letter Tuesday that the U.S. would exhaust extraordinary measures allowing the government to pay its bills on October 18, and a failure by lawmakers to hike the debt limit would send the nation into default for the first time in its history.

The United States reached the ceiling of its debt of $28.5 trillion at the end of last July and it has since then resorted to ‘extraordinary measures’ to avoid the breach of its obligations, which, if it occurs, would be catastrophic, according to the judgment. of experts.

pgh/Pll/rgh / dfm

LATEST NEWS
RELATED