US Government shutdown averted till 17th November 2023

Hanjin Line Receivership

The Globe Mail reports that the U.S. Congress was able to pass a bill, in both Houses, and get it to the White House for Presidential signature before midnight, 30 September 2023.

The Globe article states:

The threat of a federal government shutdown suddenly lifted late Saturday as President Joe Biden signed a temporary funding bill to keep agencies open with little time to spare after Congress rushed to approve the bipartisan deal.

The Globe article goes on to state:

After chaotic days of turmoil in the House, Speaker Kevin McCarthy abruptly abandoned demands for steep spending cuts from his right flank and instead relied on Democrats to pass the bill, at risk to his own job. The Senate followed with final passage closing a whirlwind day at the Capitol.

It should be noted that this bill only extends government funding to Friday 17 November 2023