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As usual, temporary resolution to a never solved problem. U.S. government avoiding a shutdown as Congress passes a temporary funding bill on September 30, 2023. Learn about how Kevin McCarthy, the Speaker of the House, teamed up with the Democrats to push the bill through, avoiding a federal government shutdown before the midnight deadline. Despite dropping aid to Ukraine and facing opposition from his own party, this move shows McCarthy’s commitment to keeping the government functioning. The funding bill, which will keep the government operational until November 17, 2023, increases federal disaster assistance by a whopping $16 billion. The Senate and the House approved the package with votes of 335-91 and 88-9 respectively. Despite the successful passage of the bill, the absence of Ukraine aid raises significant questions about future U.S. support for Ukraine in its conflict with Russia. McConnell, a staunch supporter of Ukraine aid, vows to continue the fight. #USGovernment #GovernmentShutdown #TemporaryFundingBill #FederalGovernment #shutdown
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Bond Market Signals Flash Red 1:14
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