Congress has reached a $1.6 trillion spending deal to avert a government shutdown, clearing the way for funding and avoiding a potential crisis.
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What are the consequences of a government shutdown?
What are the consequences of a government shutdown?
A government shutdown could occur if Congress does not reach a spending agreement by the deadline.
The consequences of a government shutdown include the temporary closure of government agencies and the furlough of federal employees.
Essential services such as national security, law enforcement, and air traffic control would continue to operate, but non-essential services would be suspended.
The shutdown could disrupt government functions, delay payments, and impact the economy.
It could also lead to a loss of public trust in the government and have political ramifications for the parties involved.
How does this spending deal impact different government agencies or programs?
How does this spending deal impact different government agencies or programs?
The spending deal allows for $886.3 billion in defense spending and $772.7 billion in domestic discretionary spending.
It rescinds $6.1 billion in coronavirus emergency spending authority and accelerates cuts from $80 billion in new funding that the Internal Revenue Service was supposed to get under the 2022 Inflation Reduction Act, stripping $20 billion of that total this year.
The deal reflects the funding levels negotiated by President Biden and signed into law last spring.
It rejects deep cuts to programs that hard-working families count on.
The deal provides a path to passing full-year funding bills that deliver for the American people and are free of any extreme policies.
The agreement still faces challenges in Congress, and it remains unclear whether lawmakers will be able to quickly pass legislation averting a government shutdown.
Several federal agencies are set to run out of money later this month, and the rest will follow in February if legislation is not passed in time.
The breakdown of the spending deal is $886 billion for the military and $704 billion for nondefense spending, with key modifications to reduce nonmilitary spending by $16 billion through unused Covid funds and IRS money under the Inflation Reduction Act.
Are there any controversial provisions in the spending deal?
Are there any controversial provisions in the spending deal?
The spending deal reached by Congress includes controversial provisions.
The deal includes $20.2 billion in IRS cuts, which will now happen over one year instead of two.
There will be "key modifications" to the agreement to reduce nonmilitary spending, including using $6.1 billion in unused Covid funds and $10 billion in IRS money under the Inflation Reduction Act.
The agreement has received mixed reactions, with Senate Majority Leader Chuck Schumer stating that it's a good deal for Democrats and the country, while acknowledging that it may not satisfy everyone.
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