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US unveils USD 1.3 trillion spending bill to fund government activities

If passed by Friday midnight deadline, it would avert the shutdown of many federal agencies and programs beginning this weekend, when existing funds expire.


Reuters
Updated: 22-03-2018 17:42 IST
US unveils USD 1.3 trillion spending bill to fund government activities

The bill has the largest increase in defence spending in 15 years. (Image Credit: Reuters)

Republican and Democratic leaders in the US Congress late on Wednesday unveiled a USD 1.3 trillion bill to fund the government through September, which includes an additional USD 80 billion in national defense spending but fails to fund some of President Donald Trump's immigration initiatives.

If passed by the House of Representatives and Senate by a Friday midnight deadline, it would avert the shutdown of many federal agencies and programs beginning this weekend, when existing funds expire.

Earlier on Wednesday, the White House indicated Trump would support the measure, potentially ending a prolonged debate over spending priorities for the fiscal year that began last Oct. 1.

The Republican-controlled Congress will need Democratic support to pass a bill that many Republican conservatives are likely to hesitate in passing it because of its cost.

Representative Mark Walker, who heads a large group of House conservative Republicans, complained that the bill will add to budget deficits. "It is imperative that we curb Washington's out-of-control spending addiction that has not been slowed under Republican rule," Walker said.

Senate Democratic leader Chuck Schumer touted the measure. "From opioid funding to rural broadband, and from student loans to child care, this bill puts workers and families first," he said in a statement.

Trump at one point wanted USD 25 billion included in the bill to fully fund construction of his proposed US-Mexico border wall, but negotiations with Democrats to make that happen fell apart early this week, according to congressional aides.

Instead, Trump will get nearly USD 1.6 billion more for border security this year.

Besides containing the largest increase in defense spending in 15 years, the bill would provide a significant boost in non-defense spending.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : United States