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  • Writer's pictureBy The Financial District

Biden, Congressional Leaders Cut Deal On Gov't Funding

President Joe Biden and congressional leaders have reached an agreement on the final set of spending bills for this fiscal year, as reported by Kevin Freking for the Associated Press (AP).


While President Biden has pledged to promptly sign the bill package upon receipt, the legislative process faces constraints due to the need for time to finalize the bill text. I Photo: President Joe Biden Facebook



The agreement comes amidst looming concerns about a potential partial government shutdown if the bills are not passed in time.


While President Biden has pledged to promptly sign the bill package upon receipt, the legislative process faces constraints due to the need for time to finalize the bill text. Both the House and Senate have procedural requirements for bill review and voting.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Funding for critical agencies is set to expire at midnight on Friday, adding urgency to the situation.


The agreement faced a late hiccup concerning funding for the Department of Homeland Security, but Speaker Mike Johnson assured that relevant committees are drafting bill text for consideration by the full House and Senate.


President Biden expressed optimism about the progress, stating that the House and Senate are working to finalize the package swiftly.




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