State and federal government financial reports

House Passes Bipartisan American Relief Act, Extending Funding Through March 2025 and Allocating $110 Billion for Disaster Relief and Farm Bill Extension

Dec 20, 2024, 11:32 PM

On December 20, 2024, the U.S. House of Representatives passed the American Relief Act, a bipartisan measure aimed at preventing a government shutdown and providing critical support for disaster relief and farmers. The legislation extends federal funding through March 14, 2025, and allocates $110 billion for disaster relief efforts. Lawmakers emphasized the urgency of the bill, with several representatives highlighting the need for immediate assistance for farmers and communities affected by recent natural disasters. The act also includes an extension of key programs such as the Farm Bill and federal health programs. The passage of this act is seen as a crucial step to ensure continuity in government services and support for vulnerable populations, including veterans and low-income families, during the holiday season.