Next, the Democratic-controlled Senate would need to pass the bill to ensure the government will be funded beyond midnight (0500 GMT Saturday), when current funding expires. The White House said President Joe Biden intends to sign it into law if they do.
House Speaker Mike Johnson said Republicans would have more power to influence government spending next year, when they will have majorities in both chambers of Congress and Trump will be in the White House.
“He clearly does not want to answer questions about how much he plans to expand his businesses in China and how many American technologies he plans to sell,“ Democratic Representative Rosa DeLauro said on the House floor. Trump has tasked Musk, the world's richest person, with heading a budget-cutting task force, but Musk holds no official position in Washington.
House Democratic Leader Hakeem Jeffries said the package still accomplished important goals, such as delivering disaster aid, averting a shutdown and stopping Republicans from enacting a debt-ceiling hike that would make it easier to cut taxes.
NO DEBT CEILING HIKE
The federal government spent roughly $6.2 trillion last year and has more than $36 trillion in debt, and Congress will need to act to authorize further borrowing by the middle of next year.
Representative Rich McCormick, one of 34 Republicans who voted against the bill, said it did nothing to change the nation’s fiscal trajectory and would only add to the debt load. “We will be the country of the past if we continue doing what we’re doing,“ he said.
The federal government last shut down for 35 days during Trump's first White House term over a dispute about border security. Previous fights over the debt ceiling have spooked financial markets, as a U.S. government default would send credit shocks around the world. The limit has been suspended under an agreement that technically expires on Jan. 1, though lawmakers likely would not have had to tackle the issue before the spring.
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