This past Thursday, the House of Representatives have finally managed to agree with the Senate in passing an approved stopgap spending bill that just barely avoided a total government shutdown.
Washington D.C. has been left in chaos as infighting amongst the Democratic party has threatened two other major pieces of legislation about spending, both of which have been earmarked as priorities by the White House. Progressives inside the House are trying to derail a vote on a massive $1 trillion bipartisan infrastructure plan, that was brought up in the Senate and seemed to focus on actual physical infrastructure priorities, and a certain pair of Democrats in the Senate, Sens. Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ), have taken to demanding that the Democrats hold off on the passing of a $3.5 trillion “reconciliation” bill that seems to target “human infrastructure” which just seems to equate to an extremely bloated handout to mostly progressive programs.
As the deadlines for both of them grow ever closer, the House is scheduled to vote on the bipartisan infrastructure bill on Thursday evening, Congress has managed to run into a budget deadline and the government was to shut down its operations if a stopgap funding measure was not pushed through in time.
“The House joined the Senate on Thursday to approve a bill to fund the government through Dec. 3 and avert a government shutdown for now,” reported Fox News late Thursday evening. “The House voted 254-175 and the bill will now head to President Biden’s desk. It’s one of several political issues being followed closely by the markets, which have fallen Thursday amid uncertainty about the passage of a bipartisan infrastructure bill and President Biden’s $3.5 trillion spending package.”
“Sixty-five senators voted in favor of the short-term funding bill, which did not include a provision to raise the debt ceiling,” the outlet went on.
The first of October is the end of the fiscal year for the United States government which forces a similar standoff whenever there happens to be a divide in Congress. Federal legislators are a few weeks away from yet another financial disaster: the debt ceiling. On the 18th of October, the United States is slated to hit the limit it has set and will no longer be able to spend any money unless a vote to raise the debt ceiling comes up in Congress. This also seems like its to be yet another internal battle with the Democrats, who currently control a large margin inside the House and a small margin over in the Senate, and Republicans who will be looking for concessions on a legislative level for their agreement to take on more debt.
Recently, Republicans road blocked a House-passed measure that would have paired funding the government out past December alongside a suspension of the debt ceiling as a whole, reported CNBC earlier this past week, but many Senate Republicans voted down the measure. The bill that did end up passing through the Senate, however, failed to suspend the debt ceiling.
The passed stopgap funding bill is slated to hit the desk of Old Uncle Joe and must be signed by midnight.