Biden presents the US budget bill with the aim of avoiding a government shutdown
The White House Office of Management and Budget announced that US President Joe Biden will present his proposed budget bill on March 11. |
According to the international group Tasnim News Agency, The Office of Management and Budget of the White House announced in a statement that US President Joe Biden proposed his budget bill for the last fiscal year in will present on March 11.
Accordingly, this document is an arbitrary list of how the government spent its money in the most recent fiscal year, starting in October 2023. This issue has a special symbolic significance for this year, when President Biden is the Democratic candidate for the 2024 presidential election.
Last month, the third temporary bill was reviewed to prevent the shutdown of the government before the deadline. The bill was given more time in the Democratic-controlled Senate and the Republican-controlled Congress than the budget bill. To approve the country’s 59 trillion dollar budget for the new financial year, which started from the beginning of October 2023 .
In this bill, the budget of government institutions is kept at the current level, but two new dates are considered for the expiration of some of its provisions: the budget for agriculture, food , transportation, housing, energy, military construction, and veterans programs, which expire Friday, January 19, have been extended through March 1.
Accordingly, the appropriations of other institutions and agencies including defense, homeland security and The Ministry of Foreign Affairs, which was due to expire on February 2, was extended until March 8. American lawmakers must now approve additional funding for the entire fiscal year.
The U.S. Congress has not been able to pass a budget bill for the new fiscal year that begins on October 1 by September 30, 2023, which is the end of the fiscal year, because many Republicans in Congress want to cut Government expenses were severe. A request that President Joe Biden and other congressional Democrats did not agree to.
In addition, another battle between congressional Republicans and Democrats for appropriations Military aid to Ukraine and Israel is ongoing in the fight against Russia and Hamas.
Meanwhile, early January this year Senior Democratic and Republican representatives of the US Congress on the general budget bill 1/59 They reached a trillion dollar agreement.
According to this report, since the beginning of last year, the committees of the US House of Representatives and the Senate have been discussing the 12-item annual government budget bill for the new fiscal year that started from October last year and continues until October this year. The reason for not agreeing on its final figure was that they did not reach an agreement. Since then, three emergency budgets have been set aside for some government institutions to prevent a government shutdown.
Last spring, Joe Biden and former House Speaker Kevin McCarthy US lawmakers reached an agreement on $1.59 trillion for the fiscal year 2024 budget, along with increasing the level of government debt to avoid a historic debt default in the United States.
But soon after, a conflict between Biden and McCarthy arose over the allocation of additional non-defense budget of 69 billion dollars.
Lawmakers of the US House of Representatives on November 15 Last year, lawmakers from both parties passed a temporary budget bill with broad support to avoid a government shutdown.
This temporary budget bill, the government budget until the year 2024 at the current level, giving lawmakers more time to work out the details of an overall budget bill for the new fiscal year to cover everything from the military to scientific research.
At the same time, some congressional Republicans expressed their displeasure over the fact that the temporary budget bill does not include a reduction in government spending and a budget for border security.
Publisher | Tasnim News |