The hidden side of politics

Biden signs $1.7 trillion spending bill into law

Reported by Washington Times:

President Biden on Thursday signed into law Congress’ $1.7 trillion spending bill to fund federal agencies through September.

The House passed the sprawling package mostly along party lines, 225-201, last week as lawmakers scrambled to tie up loose ends before leaving Washington for the holiday recess. The Senate approved the measure 68-29.

Mr. Biden praised the bill as a shining example of bipartisanship on Capitol Hill.

“This bill is further proof that Republicans and Democrats can come together to deliver for the American people, and I’m looking forward to continued bipartisan progress in the year ahead,” Mr. Biden said Friday.

Last week’s passage marked House Speaker Nancy Pelosi’s final act as leader of the chamber’s Democrats before Republicans take control next month.

The more than 4,000-page bill contains 12 appropriations bills for federal agencies and provides roughly $45 billion in aid to Ukraine amid the 10-month-old Russian invasion.

The package increases spending for domestic initiatives by about 6%, totaling $772.5 billion. Defense spending will increase by about 10% to $858 billion.

“This bill is good for our economy, our competitiveness and our communities,” Mr. Biden said.

Source:Washington Times

Share

FOLLOW @ NATIONAL HILL