• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Trump-backed bill to avert government shutdown passes House despite mutiny threats

by March 12, 2025
by March 12, 2025

House Republicans passed a federal funding bill backed by President Donald Trump largely on their own Tuesday.

It also marked one of the rare occasions in recent memory that a majority of House Democrats voted against a bill that would prevent a government shutdown.

The bill passed largely along partisan lines. 

The measure, a short-term extension of fiscal year (FY) 2024 funding known as a continuing resolution (CR), will now head to the Senate. It must pass there and get to Trump’s desk before the end of Friday, March 14, to avert a partial shutdown.

In a major victory for Trump and House GOP leaders, however, several House Republicans who professed to never have voted for a CR supported the current bill.

Among them was Rep. Eric Burlison, R-Mo., who fully credited Trump with his decision to ‘barely’ support the bill.

‘The ‘barely’ is Donald Trump,’ Burlison said. ‘He is the difference maker. I would never support this language, but I do trust Donald Trump.’

Rep. Greg Steube, R-Fla., was in a similar boat. He told reporters, ‘I’ll be the first guy to tell you I don’t like CRs. I’ve never voted for one.’

‘But the Democrats aren’t going to help us. And the Democrats are just going to put any shutdown on the president, which obviously isn’t good for for the party,’ Steube said. ‘So I think it’s important that we give the party, the president and the conference time to come up with a good budget.’

It includes an additional $8 billion in defense dollars in an apparent bid to ease national security hawks’ concerns, while non-defense spending that Congress annually appropriates would decrease by about $13 billion.

There’s also an added $6 billion for healthcare for veterans.

The White House has requested additional spending in areas that were not present in the last government funding extension, known as ‘anomalies.’

Among the anomalies are some added funding for the Women, Infants and Children (WIC) federal benefits program, and nearly $1 billion to aid with Immigration and Customs Enforcement (ICE) deportations.

There is also some added funding for defense in a bid to ease national security hawks’ concerns, and about $13 billion in cuts to non-defense spending.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
‘Perfect storm brewing’ that will leave many aging seniors without necessary care, Dem lawmaker warns
next post
Asian markets update: Stocks rise despite Wall Street’s tariff turmoil

Related Posts

Kavanaugh cites 3 presidents in explaining Supreme Court’s...

August 2, 2025

China’s growing nuclear arsenal aims to break US...

August 2, 2025

Trump ally Bukele’s party amends El Salvador constitution...

August 2, 2025

Trump endorses ‘MAGA warrior’ for RNC chairman after...

August 2, 2025

Trump repositions 2 nuclear submarines after ‘highly provocative’...

August 2, 2025

Trump moves nuclear submarines weeks after praising sub’s...

August 2, 2025

WATCH: Trump says he is hopeful Hillary Clinton...

August 2, 2025

Recess on ice as Republicans hunker down for...

August 2, 2025

Iran says it has ‘plenty of scientists’ left...

August 2, 2025

Cambodia to nominate Trump for Nobel Peace Prize...

August 2, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • BYD’s July sales stall, casting doubt on 2025 delivery target

    August 2, 2025
  • US stock plunge as jobs data disappoints and tariff tensions rise

    August 2, 2025
  • Moderna cuts 2025 revenue to $2.2B after UK booster delay

    August 2, 2025
  • Brazil antitrust watchdog probes Microsoft after Opera complaint over edge browser practices

    August 2, 2025
  • Reddit shares surge 20% on record profit and strong revenue outlook

    August 2, 2025
  • OpenAI raises $8.3B as AI demand grows: report

    August 2, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025

Categories

  • Economy (2,057)
  • Editor's Pick (203)
  • Investing (185)
  • Stock (1,371)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Business Conditions Monthly February 2025

April 17, 2025

Durbin obstruction threat chills Senate as Trump...

June 5, 2025

GOP outperformed Dems on voter registration in...

May 22, 2025