Summary
[The deadline for capital expenditure is approaching, the US government faces another shutdown crisis]On February 18, local time, the entitlement spending bill passed by the US Senate in December last year will expire, and the US government will face the risk of shutdown again. So far, the two parties in the U.S. Congress have not reached an agreement on the new funding extension bill. Last week, the House of Representatives voted on the basis of bipartisan opinions to pass a short-term government funding spending bill that “fills the gap”. Spending extended to March 11. But as of the 17th, the Senate has been unable to vote and ultimately submit it to President Biden for signature. (CCTV News Client)
February 18, local time, will be the day when the entitlement spending bill passed by the U.S. Senate in December last year expires, and the U.S. government once again faces the risk of a shutdown. So far, the two parties in the U.S. Congress have not reached an agreement on the new funding extension bill. Last week, the House of Representatives voted on the basis of bipartisan opinions to pass a short-term government funding spending bill that “fills the gap”. Spending extended to March 11. But as of the 17th, the Senate has been unable to vote and ultimately submit it to President Biden for signature.
According to reports, the two parties are deeply divided, and Republicans are demanding on the new bill, and the absence of Democrats has hindered the voting process in the Senate. Earlier, Senate Minority Leader Mitch McConnell said that despite the challenges, the Senate would pass a resolution on the 17th local time to extend government funding to avoid a government shutdown.
(Article source: CCTV News Client)