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The US House on Friday approved a $1.2 trillion government funding package that could help avert a government shutdown with a critical deadline looming.. The House vote was bipartisan, with 286 ...
The Senate passed a $1.2 trillion package of spending bills in the early morning hours of Saturday, a long overdue action nearly six months into the budget year that will push any threats of a ...
Lawmakers unveiled a $1.2 trillion government funding package on Thursday, setting up a high-stakes sprint to pass the legislation as a shutdown deadline looms at the end of the week.
The Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), (H.R. 3684) is a United States federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on November 15, 2021. It was introduced in the House as the INVEST in America Act and nicknamed the ...
The first package of full-year spending bills, which funded the departments of Veterans Affairs, Agriculture and the Interior, among others, cleared Congress two weeks ago with just hours to spare before funding expired for those agencies. When combining the two packages, discretionary spending for the budget year will come to about $1.66 trillion.
The agreement also specified an incentive for Congress to act. If Congress failed to produce a deficit reduction bill with at least $1.2 trillion in cuts, then Congress could grant a $1.2 trillion increase in the debt ceiling but this would trigger across-the-board cuts ("sequestrations" [note 1]), as of January 2, 2013. [3]
The Build Back Better Act was a bill introduced in the 117th Congress to fulfill aspects of President Joe Biden's Build Back Better Plan.It was spun off from the American Jobs Plan, alongside the Infrastructure Investment and Jobs Act, as a $3.5 trillion Democratic reconciliation package that included provisions related to climate change and social policy.
The first package of full-year spending bills, which funded the departments of Veterans Affairs, Agriculture and the Interior, among others, cleared Congress two weeks ago with just hours to spare before funding expired for those agencies. When combining the two packages, discretionary spending for the budget year will come to about $1.66 trillion.