Biden Signs Stopgap Bill, Averting Shutdown with $100B Disaster Aid, $10B Farm Aid

Dec 21, 2024, 04:25 PM

President Joe Biden has signed a stopgap funding bill into law, officially averting a government shutdown. The legislation, passed by Congress, extends government funding through March 14, 2025, and includes $100 billion in disaster aid and $10 billion in agricultural assistance to farmers. The bill was signed after a tumultuous week in Washington, marked by negotiations and a rejected proposal that included a demand from President-elect Donald Trump to increase the government's borrowing limit. The final bill, however, did not include any provisions related to the debt ceiling, despite Trump's insistence.