Congress Averts Government Shutdown with Temporary Spending Bill, Skirts Debt Ceiling Debate
2024-12-21
Fortune on MSN.com
In a bid to avoid a government shutdown, Republicans pushed through a temporary spending package, sidestepping a contentious debate over raising the debt ceiling. This move ensures the government remains operational, at least for now. The decision comes as lawmakers continue to grapple with budget negotiations, fiscal policy, and debt management, highlighting the ongoing challenges in finding a long-term solution to the nation's financial obligations. With the spending bill passed, Congress has bought itself some time to tackle these pressing issues, including the debt ceiling and federal budget, which are crucial for economic stability and growth.
