US President Joe Biden signed a stopgap spending bill to avoid a government shutdown on the sidelines of a dinner at the Legion of Honor museum in San Francisco. This action comes a day after the Senate passed it, and will avert the year’s third fiscal standoff. In the midst of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, the Senate’s 87-11 vote marked the resolution of fiscal issues that would have seen Washington defaulting on a more than $31 trillion debt. Stopgap funding bill was passed with broad bipartisan support and adhered to spending levels agreed with President Biden. It did not include provisions regarding abortion or other hot-button social issues, which was a relief to the Democrats.
This action comes in the wake of months of uncertainty and fear that the USA would default on its debt, reaching a standstill three times within a year. The passage of this bill will provide a sense of relief to federal workers and the broader economy. Further, the bipartisan support shatters the pattern of partisanship seen so frequently in the modern era of US politics. The impact of this bill indicates a rare display of unified dedication to averting financial disasters.
It is expected that the signing of this bill indicates a welcomed change in the US political landscape. The rare bipartisan support and avoidance of hot-button provisions is a positive marker of hope for future legislative actions in the country.
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