US government shutdown crisis resolved! Biden signs 'temporary spending bill', Trump fails to raise the debt ceiling.

The U.S. Congress passed a temporary federal spending bill in the early hours of Saturday, signed into law by U.S. President Joe Biden, which avoided a potentially volatile government shutdown crisis at the last minute, but the U.S. Congress did not raise the debt ceiling for two years before he took office on January 20, casting a shadow over Trump’s new policy. (Synopsis: Musk hinted that the IRS will be audited by the Department of Government Efficiency (DOGE) or slashed the $20 billion budget) (Background supplement: Experts warn: the United States may repeat the UK’s 2022 mini-budget crisis!) The dollar is shaking, Treasury yields are soaring) The two major parties in the United States originally agreed on a bipartisan agreement on a spending bill that would keep the federal government operating until March 14, 2025, including bipartisan legislative priorities such as disaster relief, farm subsidies and salary increases for members of Congress. However, due to the US President-elect Trump and TSL CEO Musk on the 18th unanimously opposed the temporary spending bill originally negotiated by the two major parties, House Speaker Mike Johnson hastily changed the content on the 19th, removed several clauses, and raised the debt ceiling for two years to cater to Trump, but the vote to the Federal House of Representatives did not pass, resulting in the federal government facing a shutdown crisis. However, after twists and turns, the US Congress finally passed the government spending bill this morning and submitted it to the White House, which was signed into law by US President Joe Biden, avoiding the dilemma that the federal government may fall into a partial shutdown during the Christmas holiday. After the Republican-controlled House of Representatives approved the bill by a vote of 366 to 34, it was sent to the Democratic-controlled Senate for a vote, and the Senate then passed the new spending bill by 85 votes to 11 minutes after the deadline of 0:00 midnight on the 21st to continue to provide government funding. According to the bill, the federal government funding period will be extended until March 14 next year, including $100 billion in disaster assistance, $10 billion in agricultural assistance to farmers, and the continuation of farm and food assistance programs that expire at the end of the year, but the bill does not raise the debt ceiling in response to Trump’s request. Trump’s appeal to cancel the debt ceiling failed Reuters reported that Trump’s previous request to suspend or cancel the debt ceiling ultimately failed, and the appropriations bill caused turmoil in Congress, and members of the same party defied Trump’s request and compromised at the last minute to save the government from a shutdown, highlighting Trump’s limited influence on members of the same party, and the debt ceiling will remain a hidden concern after Trump takes office. Trump’s policy plan could increase the national debt by about $8 trillion, the U.S. federal government spent about $6.2 trillion last year, debt exceeded $36 trillion, Congress needs to act by the middle of next year to approve further borrowing, Mike Johnson said that the Republican Party will have more influence next year, when they will have a majority in the House and Senate, and Trump will also enter the White House. Related reports Musk sent DOGE meme DOGE jumped, helped Trump create momentum and shouted: cut at least $2 trillion federal budget mad! DOGE efficiency department cooperates USUAL to “confirm fake news”, coin prices still soar 30% to a new high Musk declaration: DOGE The ultimate goal of the government efficiency department is to cut itself in 2026! 〈The US government shutdown crisis is over! Biden signed the “temporary spending bill”, Trump shouted that raising the debt ceiling was unsuccessful" This article was first published in BlockTempo’s “Dynamic Trend - The Most Influential Block Chain News Media”.