While the spending bill's funding for the Pentagon has delighted the national security wing of the party, fiscal conservatives are up in arms about ramifications for the nation's debt.
Prospects for avoiding the temporary shutdown were dashed when Republican Sen.
With the immigration fight looming, Congress voted overnight to finance the government through March 23, giving budget-writers time to craft detailed legislation funding agencies through the rest of this fiscal year. The party that railed against increasing United States debt and deficit levels during the Obama era is now shepherding through billions of dollars in extra spending, on top of the $1.5 trillion tax cut plan passed in December. And the second, of course, is that Rand happily voted for a tax bill last December that is expected to blow a $1.5 trillion hole in the deficit.
Almost $300 billion in new spending included in the bill approved on Friday will mean the annual budget deficit will exceed $1 trillion in 2019, said the Committee for a Responsible Federal Budget, a private fiscal policy watchdog group.
The funding and budget bill includes around $300 billion in extra spending for both military programs and domestic non-military programs such as health, infrastructure and disaster relief.
The process would allow the measure that receives the most votes above the required simple-majority threshold to prevail as the House-passed product.
Paul tells The Associated Press he knows his protest against the bill is likely to fail, but says it is important to point out that the last-minute agreement could increase the federal deficit by as much as $1 trillion.
WASHINGTON (AP) - They can all claim wins in the big budget agreement: President Donald Trump, congressional Republicans and Democrats, too. N...
"I urge Speaker Ryan to the Floor a one-day funding bill to keep the government open", Hoyer said in a statement.
White House legislative affairs director Marc Short said the package would increase spending by "just shy" of $300bn.
The brief shutdown came at a sensitive time for financial markets, with world stock markets diving in the past week.
"But really, who's to blame?" Markets barely flinched at the last shutdown in January, but that was before a sell-off that started on January 30 amid concerns about inflation and higher interest rates.
On Beacon Hill, lawmakers and Baker administration officials who spent previous year trying to fend off federal spending cuts will now spend time sifting through the bill to learn exactly how the new investments will affect MA residents and state programs that rely on federal funds. "You haven't convinced 60 senators or 51 senators that your idea is good enough for them to support", Tillis said.
President Trump in September said he would end an Obama-era program that granted legal status and work permits to the DREAMers, who could be subject to deportation as early as March 5.
Senate Republicans have pledged to hold a separate immigration debate this month.