US Senate delays vote on US$1.1 trillion spending bill
[WASHINGTON] Leaders in the US Senate postponed an anticipated vote on a US$1.1 trillion spending bill late on Friday and will instead aim to pass the must-do legislation on Monday, a Senate Democratic leadership aide said.
In order to keep federal agencies operating beyond midnight Saturday, when existing funds expire, the Senate is expected to pass sometime on Saturday a stop-gap bill to temporarily extend government funding through next Wednesday.
The House of Representatives already passed such a measure anticipating the Senate's inability to finish work on the broad spending bill this week.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Bankers lose hope of London IPO revival for another year
Decarbonisation schemes are generating hot air
BOJ will hike rates if trend inflation accelerates, says Ueda
India tells spice makers to give details of quality checks after Hong Kong allegations
Eurozone business in services-led bounce in April, PMI survey shows
China’s surging steel exports are inflaming global trade tension