BusinessPostCorner.com
No Result
View All Result
Thursday, June 19, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Trump signs government funding bill to avert federal shutdown

March 17, 2025
in Accounting
Reading Time: 1 min read
A A
0
Trump signs government funding bill to avert federal shutdown
ShareShareShareShareShare

President Donald Trump signed a stopgap funding bill that will keep the government open for the remainder of the fiscal year, paving the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.

The president signed the legislation while in Florida for the weekend, the White House said Saturday in an emailed statement.

Congress narrowly passed the GOP spending plan on Friday, when Senate Democratic leader Chuck Schumer and a handful of his fellow party members moved to help the Republican majority overcome a procedural obstacle.

The decision has opened up a rift among Democrats. While Schumer has argued that it was essential not to block pivotal government services, others in the party saw the funding legislation as their best chance to impose constraints on Trump and Elon Musk’s mass firings of federal workers and wholesale elimination of government agencies. 

Trump applauded Schumer following the procedural vote, saying the New York Democrat “did the right thing, really.”

Trump has said he wants lawmakers to now turn their attention to an extension and expansion of his tax cut package from his first term, which can be accomplished without Democratic votes. Still, the bill could face a difficult path on Capitol Hill, with some budget hawks in the Republican Party wary of Trump’s sweeping plans, which include the elimination of taxes on tipped wages, Social Security, and overtime pay.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Teslas are getting torched in Berlin as surveys show Germans are deserting Elon Musk’s carmaker in droves

Next Post

Challenge to £3bn rescue deal dismissed

Next Post
Challenge to £3bn rescue deal dismissed

Challenge to £3bn rescue deal dismissed

GameStop Upsizes Convertible Note Offering to .25B — How Could BTC Benefit?

GameStop Upsizes Convertible Note Offering to $2.25B — How Could BTC Benefit?

June 14, 2025
How to stay safe and what to do in a power cut

How to stay safe and what to do in a power cut

June 12, 2025
Tech news: TaxPlanIQ adds new features

Tech news: TaxPlanIQ adds new features

June 13, 2025
Trump’s investment claims – are tariffs boosting the US economy?

Trump’s investment claims – are tariffs boosting the US economy?

June 16, 2025
Britain’s MI6 spy agency promotes ‘Q’ to be first female head 

Britain’s MI6 spy agency promotes ‘Q’ to be first female head 

June 15, 2025
How the Israel-Iran conflict could affect energy costs

How the Israel-Iran conflict could affect energy costs

June 13, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks

Trump Wants GENIUS Bill Sent Straight to His Desk, Without Congressional Tweaks

June 19, 2025
Biofuel prices jump as Israel-Iran conflict drives hunt for oil alternatives

Biofuel prices jump as Israel-Iran conflict drives hunt for oil alternatives

June 19, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!