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Federal Budget Deadline March 1

Congress Avoids Government Shutdown with Last Minute Spending Deal

Biden Signs Trillion-Dollar Package

Updated: March 23, 2024 10:52 AM PDT

Washington, DC - President Biden on Saturday signed a 12 trillion spending package, averting a partial government shutdown at the last minute. The deal was reached after months of intense negotiations and debate.

The package includes funding for various government programs and agencies, including the military, healthcare, and education. It also raises the debt ceiling, allowing the government to continue borrowing money to pay its obligations.

The deal was praised by lawmakers from both parties, who said it was a crucial step to avoid disruption and uncertainty in the federal government. However, some critics argued that the spending package was too costly and would increase the national debt.

The government shutdown deadline was March 1, and lawmakers had been working against the clock to reach an agreement. A shutdown would have furloughed millions of federal employees and disrupted essential government services.

The signing of the spending package brings relief to many, including government workers and businesses that rely on federal contracts. However, the ongoing debates over government spending and the debt ceiling are likely to continue, as lawmakers grapple with the challenges of balancing the budget while meeting the needs of the country.


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