Tuesday, 23 January 2018
Government Shutdown Off: Democrats Support Budget Extension
The US Senate was
able to pass a short-term spending bill to end the federal government’s
shutdown that started on Friday evening due to an ongoing disagreement between
Democrats and Republicans over migration policies.
The budget extension would provide funds for
the Trump administration through 8 February, while contemplating a six-year
extension of Chip, health insurance program that covers nearly 9 million
children across the United States.
"We will vote
today to reopen the government," Senate Minority Leader Chuck Schumer
said.
The chamber passed
the bill with 81 votes in favor, 18 against. However, the bill still needs to
face a final passage in the House and signature of President Donald Trump.
Schumer explained
this decision comes as Democrats were promised that the Senate will take under
consideration some immigration issues, such as the Deferred Action for
Childhood Arrivals program, commonly known as simply DACA.
Senate Majority
Leader Mitch McConnell said debate on immigration could move forward before
February 8. Democrats are looking for a bipartisan bill that will avoid massive
deportations of thousands of immigrants brought to the country illegally as
children.
“This immigration debate will have a level
playing field at the outset and an amendment process that’s fair to all sides,”
McConnell recognized in a speech on Monday.
News are expected
to provide support for stock markets and the US dollar alike. However, the
American currency will remain possibly under pressure due to the upcoming
monetary policy meetings in other countries later this week.
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