BR100 Increased By (1.36%)
BR30 Increased By (1.41%)
KSE100 Increased By (1.18%)
KSE30 Increased By (1.25%)
AGHA 7.88 Increased By ▲ 0.13 (1.68%)
BECO 5.22 Increased By ▲ 0.03 (0.58%)
BML 58.80 Increased By ▲ 0.14 (0.24%)
BOP 34.49 Increased By ▲ 0.80 (2.37%)
CNERGY 10.91 Increased By ▲ 0.30 (2.83%)
CSIL 5.43 Increased By ▲ 0.13 (2.45%)
FCCL 54.85 Increased By ▲ 1.11 (2.07%)
FFL 16.80 Increased By ▲ 0.34 (2.07%)
FNEL 1.23 Increased By ▲ 0.01 (0.82%)
KEL 7.45 Increased By ▲ 0.17 (2.34%)
KOSM 5.69 Increased By ▲ 0.05 (0.89%)
LOTCHEM 29.94 Increased By ▲ 0.29 (0.98%)
MLCF 97.00 Increased By ▲ 0.64 (0.66%)
NBP 205.89 Increased By ▲ 2.36 (1.16%)
NCPL 57.99 Increased By ▲ 1.14 (2.01%)
NPL 69.00 Increased By ▲ 1.69 (2.51%)
OGDC 321.25 Increased By ▲ 3.03 (0.95%)
PACE 10.70 Increased By ▲ 0.07 (0.66%)
PAEL 43.18 Increased By ▲ 1.41 (3.38%)
PIBTL 17.13 Increased By ▲ 0.32 (1.9%)
PPL 223.87 Increased By ▲ 3.70 (1.68%)
PRL 52.12 Increased By ▲ 3.07 (6.26%)
PTC 71.00 Increased By ▲ 0.99 (1.41%)
SSGC 29.65 Increased By ▲ 0.51 (1.75%)
TBL 9.91 Increased By ▲ 0.14 (1.43%)
TELE 9.02 Increased By ▲ 0.20 (2.27%)
TPL 17.70 Increased By ▲ 0.53 (3.09%)
TPLP 13.07 Increased By ▲ 0.56 (4.48%)
TREET 22.94 Increased By ▲ 0.35 (1.55%)
TRG 60.62 Increased By ▲ 0.40 (0.66%)
World

US Congress temporarily avoids government shutdown

Published Updated
By

WASHINGTON: The US Senate passed a stop-gap funding bill Thursday, after threats by some Republicans earlier in the week risked a damaging government shutdown.

The bill, which passed by 65 votes to 27, will extend federal spending at current levels until March 11.

Had the bill not passed by Friday at midnight, the federal government would have entered a costly shutdown, with hundreds of thousands of government employees furloughed and all non-essential offices closed.

The House of Representatives passed the bill, the third such stop-gap spending text in less than five months, on February 8. It now goes to President Joe Biden to sign it into law.

At UN, US warns Russia planning to attack Ukraine in 'coming days'

Nineteen Republican senators joined Democrats in voting for the bill, putting it above the threshold of a filibuster.

Despite some threats from Republicans to hold up the process, a shutdown was highly unlikely.

Most elected officials on both sides of the aisle signaled they did not want a shutdown, which would create havoc by sending millions of public workers home without pay.

The stop-gap funding gives lawmakers some more time to reach a long-term spending package to cover the rest of the fiscal year through September 30.

Rank-and-file members in both chambers have also warned that if Congress cannot move beyond temporary fixes, billions of dollars made available last year through the $1.2-trillion infrastructure package will remain in limbo.

Biden, who has been traveling the country touting his infrastructure deal, is eager for a fresh congressional victory, as his approval ratings crumble a few months before crucial midterm elections.

Comments

Comments are closed for this article.