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Bankruptcy in the US was temporarily postponed

Bankruptcy in the US was temporarily postponed

International•Nov 15 ’23 at 05:45Author of the books: BNR Web Editors and ANP

Funding for the U.S. national government was secured by Republican Mike Johnson, the new leader of his group in the House of Representatives, receiving enough support from both parties.

Funding for the U.S. national government was secured by Republican Mike Johnson, the new leader of his group in the House of Representatives, receiving enough support from both parties. Photo: Colin Lloyd

There were 336 votes in favor and 95 votes against shutdown They left the government. US politicians have until Friday evening to arrange funding for government agencies, or many civil servants will not be paid ahead of the holiday. The proposal must now head through the Senate, where both Democrats and Republicans have expressed their support. Johnson’s plan offers only a short-term solution, meaning further negotiations would need to take place early next year.

Disbursement of funds to government agencies will continue for a few weeks. Some services receive payment till January and others till February. Agreement should also be reached on support for Israel and Ukraine. Mike Johnson was elected the new Speaker of the House of Representatives three weeks ago after a long, drawn-out political battle, largely due to disagreements within the Republican Party. Tuesday’s vote is seen as his first major achievement.

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No emergency aid to Ukraine and Israel

The White House, which reacted strongly when the bill was made public on Saturday, has now become more moderate on the legislation. President Joe Biden has previously refused to threaten a veto when given the chance. Criticism of the plan from Democrats has mainly been that the plan would not provide emergency aid to Ukraine or Israel. More conservative members of the House are unhappy with the lack of significant cuts or tougher anti-immigration plans.

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