The China Mail - US Congress passes bill to avert shutdown

USD -
AED 3.672497
AFN 64.999463
ALL 81.8702
AMD 362.466517
ANG 1.790365
AOA 918.000482
ARS 1524.853202
AUD 1.440922
AWG 1.8
AZN 1.696211
BAM 1.740516
BBD 2.01375
BDT 122.920986
BGN 1.683441
BHD 0.37687
BIF 3016.29395
BMD 1
BND 1.279623
BOB 12.012672
BRL 5.222902
BSD 0.999844
BTN 96.860456
BWP 13.821826
BYN 3.011507
BYR 19600
BZD 2.010786
CAD 1.423945
CDF 2309.999691
CHF 0.82654
CLF 0.024883
CLP 982.497688
CNY 6.704603
CNH 6.70756
COP 3322.13
CRC 458.133471
CUC 1
CUP 23.995372
CVE 98.130217
CZK 21.79525
DJF 178.038427
DKK 6.65723
DOP 59.696976
DZD 133.633317
EGP 52.312102
ERN 15
ETB 163.30358
EUR 0.89075
FJD 2.250799
FKP 0.757935
GBP 0.757425
GEL 2.594992
GGP 0.757935
GHS 11.742144
GIP 0.757935
GMD 73.503345
GNF 8794.81726
GTQ 7.640625
GYD 209.141311
HKD 7.84719
HNL 26.843171
HRK 6.7078
HTG 130.925789
HUF 328.884987
IDR 17980
ILS 3.06495
IMP 0.757935
INR 96.12585
IQD 1309.809331
IRR 1746538.999905
ISK 122.039894
JEP 0.757935
JMD 158.282088
JOD 0.709042
JPY 157.692498
KES 129.702942
KGS 87.450312
KHR 4055.388942
KMF 438.000264
KPW 900.000318
KRW 1348.269829
KWD 0.30893
KYD 0.833148
KZT 449.216421
LAK 22458.151269
LBP 89529.691296
LKR 330.631023
LRD 170.963522
LSL 16.71656
LTL 2.95274
LVL 0.60489
LYD 6.403012
MAD 9.93361
MDL 17.867027
MGA 4417.588481
MKD 54.802323
MMK 2099.878546
MNT 3598.367683
MOP 8.081321
MRU 39.951768
MUR 48.149766
MVR 15.449988
MWK 1733.663199
MXN 18.33138
MYR 4.085101
MZN 63.910101
NAD 16.717378
NGN 1328.960271
NIO 36.788196
NOK 9.648225
NPR 154.976729
NZD 1.78175
OMR 0.384496
PAB 0.999831
PEN 3.464622
PGK 4.52806
PHP 62.620077
PKR 276.912159
PLN 3.89903
PYG 5849.556144
QAR 3.64447
RON 4.765303
RSD 104.616051
RUB 83.575377
RWF 1480.746469
SAR 3.756424
SBD 8.064852
SCR 13.768316
SDG 601.497909
SEK 10.05642
SGD 1.27976
SHP 0.757461
SLE 24.601015
SLL 20969.491881
SOS 571.400603
SRD 37.672497
STD 20697.981008
STN 21.803457
SVC 8.748081
SYP 13002.000254
SZL 16.713089
THB 33.598499
TJS 9.20325
TMT 3.51
TND 2.979331
TOP 2.40776
TRY 49.142099
TTD 6.77945
TWD 31.880497
TZS 2642.502968
UAH 44.988787
UGX 3989.587737
UYU 40.296887
UZS 11792.713098
VES 865.477978
VND 25985.5
VUV 120.084308
WST 2.780871
XAF 584.293931
XAG 0.016399
XAU 0.00023915864
XCD 2.70255
XCG 1.80192
XDR 0.707052
XOF 584.293931
XPF 106.128696
YER 236.374994
ZAR 16.72956
ZMK 9001.204567
ZMW 19.645988
ZWL 321.999592
SSP 5712.591901
MXV 2.074163
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

US Congress passes bill to avert shutdown
US Congress passes bill to avert shutdown / Photo: © AFP/File

US Congress passes bill to avert shutdown

The US Congress averted a Christmastime government shutdown early Saturday after weeks of tense negotiations that went down to the wire, passing a bill to fund federal agencies through mid-March.

Text size:

With the midnight deadline already expired by minutes, senators dropped normal procedure to fast-track the package to a vote, halting government shutdown preparations and saving Christmas for more than 800,000 workers at risk of being sent home without pay.

"It's good news that the bipartisan approach in the end prevailed... It's a good outcome for America and the American people," Democratic Majority Leader Chuck Schumer said in a speech on the Senate floor.

The Democrats run the Senate, so there was never much doubt that the funding package would get a rubber stamp after the party was crucial in helping the Republican majority in the House pass the bill earlier in the day.

But with senators often dragging their feet over complex legislation, there were fears that the funding fight might spill into next week.

That would have meant non-essential operations winding up, with up to 875,000 workers furloughed and as many as 1.4 million more required to work without pay.

Congress's setting of government budgets is always a fraught task, with both chambers closely divided between Republicans and Democrats.

President-elect Donald Trump and tech billionaire Elon Musk, his incoming "efficiency czar," created much of the drama this time around by pressuring Republicans in an 11th hour intervention to renege on a funding bill they had painstakingly agreed with Democrats.

Two subsequent efforts to find compromise fell short, leaving Republican House Speaker Mike Johnson at the last chance saloon as he spent much of Friday huddling with aides to find a way to keep government agencies running.

If the funding bill had failed, non-essential government functions would have been put on ice. Employees in key services like law enforcement would have continued working but would only have been paid once government functions were back up.

Many parks, monuments and national sites would have closed at a time when millions of visitors are expected.

- 'Let it begin' -

Lawmakers avoided all that holiday-season pain by funding the government until March 14 in a package that includes $110 billion in disaster aid and financial relief for farmers.

It is essentially the same as a bill that failed miserably in a vote Thursday -- except without a two-year suspension of the country's self-imposed borrowing limit demanded by Trump.

The influence of Musk, the world's richest man, over the Republicans -- and his apparent sway with Trump -- has become a focus for Democratic attack, with questions raised over how an unelected citizen can wield so much power.

There is growing anger even among Republicans over Musk's interference after he trashed the original funding agreement in a blizzard of posts -- many of them wildly inaccurate -- on his social media platform X.

"Last time I checked, Elon Musk doesn't have a vote in Congress," Georgia House Republican Rich McCormick told CNN.

"Now, he has influence, and he'll put pressure on us to do whatever he thinks the right thing is for him. But I have 760,000 people that voted for me to do the right thing for them."

Trump had been clear that he was willing to see a shutdown if he did not get his way, and the passage of funding legislation without his priorities included demonstrated that even his great influence over Republicans in Congress has limits.

But Johnson put a positive sheen on events, telling reporters after the House passed the funding package that January, when Trump returns to office, would mark a "sea change" in Washington.

"President Trump will return to DC and to the White House, and we will have Republican control of the Senate and the House," Johnson told reporters. "Things are going to be very different around here."

C.Mak--ThChM