Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Politics

Biden says $1.2T spending package is ‘good news for the American people,’ but Congress’ work isn’t over

by March 25, 2024
March 25, 2024
Biden says $1.2T spending package is ‘good news for the American people,’ but Congress’ work isn’t over

President Joe Biden thanked Congressional leaders Saturday after the Senate passed a controversial six-bill government funding package in the early hours of the day following a brief partial government shutdown. 

‘Thank you to Leaders Schumer and McConnell, Senators Murray and Collins, Speaker Mike Johnson, Leader Jeffries, and Representatives Granger and DeLauro, for their leadership,’ Biden said in a statement.

The President called the mammoth $1.2 trillion spending package ‘a compromise,’ which, he said, ‘means neither side got everything it wanted.’

‘But it rejects extreme cuts from House Republicans and expands access to child care, invests in cancer research, funds mental health and substance use care, advances American leadership abroad, and provides resources to secure the border that my Administration successfully fought to include,’ Biden said in a statement. 

The President proceeded to call the package ‘good news for the American people.’

‘But I want to be clear: Congress’ work isn’t finished,’ Biden continued in the statement. 

He went on to urge the House of Representatives to pass the bipartisan national security supplemental and Congress to pass the bipartisan border security agreement, calling it ‘the roughest and fairest reforms in decades’ in a means to secure the border. 

‘It’s time to get this done,’ Biden said. 

Senators voted in favor of passing the spending package by a vote of 74-24. The text for the group of bills was only unveiled in the early hours of Thursday morning.

The appropriations measures were then considered in the House Friday morning. They were ultimately passed by a vote of 286–134, with a majority of Republicans, 112, voting against them. 

Prior to the package’s approval by the upper chamber, the outlook for avoiding a partial government shutdown looked bleak, as Republican senators claimed Democrats were unwilling to take up their requested amendment votes. 

It was only in the last hour that senators appeared to have reached an agreement, returning to the chamber floor and exchanging papers prior to beginning the voting process. 

A $460 billion funding package that included six of the twelve appropriations bills passed in both chambers earlier this month, despite vocal Republican opposition to the amount being spent, what the money is being put toward, and what they described as breaches of procedure.

Fox News’ Julia Johnson contributed to this report.

This post appeared first on FOX NEWS
previous post
Biden campaign rips page from Trump playbook with name-calling strategy
next post
DP Trading Room: Shake Up at Boeing (BA)

Related Posts

Supreme Court to hear Republican challenge that could...

June 30, 2025

‘Who wouldn’t want it?’: Netanyahu open to receiving...

July 8, 2025

Pope, State Department condemn latest massacre of Christians...

July 1, 2025

Iran faces August deadline to accept comprehensive nuclear...

July 17, 2025

Jimmy Carter’s funeral brings all five living presidents...

January 9, 2025

House GOP leaders privately wary of push to...

March 20, 2025

Bondi says Epstein client list ‘sitting on my...

February 21, 2025

Putin hit man seen as Russia’s big prize...

August 1, 2024

Trump shakes up NSA leadership, appoints new acting...

April 4, 2025

Trump announces newest nominations to lead DOJ, regulate...

December 22, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Latest News

    • Inside Biden confidante Steve Ricchetti’s ‘combative’ eight-hour grilling in House Oversight cover-up probe

      July 31, 2025
    • Recall warns some Celsius energy drink cans accidentally contain alcohol

      July 31, 2025
    • Bernie Sanders to force Senate vote on blocking arms sales to Israel

      July 30, 2025
    • New tech-focused MAHA initiatives will usher in ‘new era of convenience,’ improve health outcomes, Trump says

      July 30, 2025
    • Trump admin sanctions Brazilian judge overseeing Bolsonaro coup-plot probe

      July 30, 2025
    • Top GOP senator demands probe into whether Jack Smith ‘unlawfully’ tried to influence 2024 election

      July 30, 2025

    Categories

    • Business (1,326)
    • Politics (6,605)
    • Stocks (904)
    • World News (461)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 insidersadvisor.com | All Rights Reserved