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Swamp Wins: Senate Approves $1.2 Trillion Spending Bill, Narrowly Averting Gov't Shutdown

By CDM Staff

March 23, 2024

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A partial US government shutdown was averted in the wee hours of Saturday morning as the Senate approved a $1.2 trillion spending package. The measure will now go to President Biden's desk later today.

The passage of the 1,012-page bill (did any lawmakers actually read the whole thing?) in a 74 to 24 vote concludes several months of drama on Capitol Hill centered around Republicans demanding deeper spending cuts as the federal government spends like drunken sailors, with the national debt recently skyrocketing to over $34.578 trillion.

The legislation provides 75% of the federal government funding for the coming six months. It includes measures to increase military salaries, eliminate funding to the United Nations agency supporting Palestinian refugees, and enhance security along the southern border...

To read more visit Zero Hedge.

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CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."