• About
  • Advertise
  • Contact
Thursday, May 15, 2025
Manhattan Tribune
  • Home
  • World
  • International
  • Wall Street
  • Business
  • Health
No Result
View All Result
  • Home
  • World
  • International
  • Wall Street
  • Business
  • Health
No Result
View All Result
Manhattan Tribune
No Result
View All Result
Home Business

American elders approves a bill to avoid government closure economy

manhattantribune.com by manhattantribune.com
15 March 2025
in Business
0
American elders approves a bill to avoid government closure economy
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


On Friday, the US Senate approved a temporary budget, avoiding the federal administration, paralysis, or what is known as government closure.

The text that funds the US federal government until the end of the current fiscal year on September 30th was the support of President Donald Trump, who must now be signed. However, the text was met with severe criticism from the democratic opposition, which condemned the major cuts prescribed in some areas of public spending, at a value of more than $ 7 billion.

On Friday, the US federal administrations faced the risk of closing after the Democrats, who are equal to Trump’s spending cuts, threatened to obstruct his federal financing plans.

Democrats retracted their position in a crisis stemming from their anger due to President Trump’s campaign to reduce the number of employees in the federal government.

Days after the intense debate, the leader of the democratic minority, Chuck Schumer, ended the crisis on Thursday evening, saying that he would vote to allow the passion to pass.

He added that he does not tend to the draft law, but he believes that the start of a government closure will be worse, given that Trump and his advisor Ilon Musk are quickly moving to reduce spending.

During this period, up to 900,000 federal employees can be lay off temporarily, while a million others who are considered basic workers work from air traffic to the police, without wages.

https://www.youtube.com/watch?v=kq42-jvi1hyy

The House of Representatives, which is controlled by the majority of the Republic, passed the draft law last week, which means that spending will reach about 6.75 trillion dollars during the fiscal year ending next September.

These moves come, while the United States is fighting a trade war with some of its closest allies, which led to a large sales wave of shares and raised fears of recession.

Federal administrations financing the issue of repeated conflict in the United States, and disputes over it, even within the Republican camp between moderate conservatives and Trump supporters calling for a major reduction in federal spending.

The United States witnessed 4 closure operations in which services were affected for more than a working day, the last of which was during the first Trump state.

Tags: Americanapprovesavoidbillclosureeconomyelders..government
Previous Post

Two billion dollars in renewable energies in Morocco economy

Next Post

How does Trump think about the topic of customs duties? | Economy news

Next Post
How does Trump think about the topic of customs duties? | Economy news

How does Trump think about the topic of customs duties? | Economy news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Category

  • Blog
  • Business
  • Health
  • International
  • National
  • Science
  • Sports
  • Wall Street
  • World
  • About
  • Advertise
  • Contact

© 2023 Manhattan Tribune -By Millennium Press

No Result
View All Result
  • Home
  • International
  • World
  • Business
  • Science
  • National
  • Sports

© 2023 Manhattan Tribune -By Millennium Press