House Republicans introduced a spending bill to fund federal agencies through September 30th, setting up a standoff with Democrats. The bill increases defense spending slightly while reducing nondefense funding by 8%, a move Democrats oppose.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Republicans introduced a spending bill to fund federal agencies through September 30th,
00:07setting up a standoff with Democrats.
00:09The bill increased defense spending slightly while reducing non-defensive funding by 8%,
00:14a move Democrats oppose.
00:15House Republicans are pushing for a Tuesday vote on the spending bill without Democratic support,
00:20challenging the Democrats to vote against it and risk a shutdown.
00:23Democrats warned that the measure risks a government shutdown
00:27and grants the Trump administration too much fiscal control.
00:30President Donald Trump has endorsed the bill, urging swift passage.