Political Agreement Reached to Avoid US Government Shutdown, Leaders of Congress Announce
An agreement among U.S. legislative leaders to prevent a looming government shutdown is now in place, but it still needs to be approved by representatives.
Democratic and Republican leaders of the American legislature have agreed on the main figures of the United States budget, which could help avoid a shutdown of government institutions in the coming weeks, House Speaker Mike Johnson announced on Sunday.
In a letter to his fellow representatives, the Republican politician informed them that the nearly $1.6 trillion deal would ensure the funding of government needs through the end of the year, with $886 billion allocated for defense spending coverage.
The negotiated sum during the political discussions is roughly equivalent to what was contained in last year's compromise agreement between the White House and the House of Representatives, which concluded the debate on the debt ceiling limit.
Mike Johnson emphasized that the new agreement includes provisions for the reduction of certain additional expenditures as a requirement for the administration. However, he acknowledged that the spending cuts might seem insufficient to many. The Republican leader was alluding to a group of Republican representatives who demand more significant reductions in spending in exchange for approving the budget and who expect decisive steps from the administration in defending the country's borders.
Democratic leaders of Congress, Chuck Schumer, Senate Majority Leader, and Jeffrey Hakeem, House Democratic Caucus Chairman, said in a joint statement that the agreement would remove the obstacle to maintaining the financing of vital government priorities.
President Joe Biden described the agreement on the main budget figures as a step towards avoiding a government shutdown and "defending important national priorities." In his statement, he also indicated that it is now up to Republican representatives to accept the deal.
The previous budget for the financing of U.S. government institutions expires on January 19, and in the case of certain agencies, in February. Therefore, without a new budget, a shutdown of the American government is imminent.
Congress members need to vote on the budget deal for it to be then presented to the president for signature.
In a letter to his fellow representatives, the Republican politician informed them that the nearly $1.6 trillion deal would ensure the funding of government needs through the end of the year, with $886 billion allocated for defense spending coverage.
The negotiated sum during the political discussions is roughly equivalent to what was contained in last year's compromise agreement between the White House and the House of Representatives, which concluded the debate on the debt ceiling limit.
Mike Johnson emphasized that the new agreement includes provisions for the reduction of certain additional expenditures as a requirement for the administration. However, he acknowledged that the spending cuts might seem insufficient to many. The Republican leader was alluding to a group of Republican representatives who demand more significant reductions in spending in exchange for approving the budget and who expect decisive steps from the administration in defending the country's borders.
Democratic leaders of Congress, Chuck Schumer, Senate Majority Leader, and Jeffrey Hakeem, House Democratic Caucus Chairman, said in a joint statement that the agreement would remove the obstacle to maintaining the financing of vital government priorities.
President Joe Biden described the agreement on the main budget figures as a step towards avoiding a government shutdown and "defending important national priorities." In his statement, he also indicated that it is now up to Republican representatives to accept the deal.
The previous budget for the financing of U.S. government institutions expires on January 19, and in the case of certain agencies, in February. Therefore, without a new budget, a shutdown of the American government is imminent.
Congress members need to vote on the budget deal for it to be then presented to the president for signature.
