Trump Approves Provisional Budget Bill

Trump Approves Provisional Budget Bill Trump approves the provisional budget bill. The bill will prevent the federal government from suspending its activities. US President Donald Trump approved a one-week provisional budget bill that would prevent the federal government from ceasing its activities due to lack of funding. The draft budget, which will provide funding to the American federal government until December 18, was brought to President Trump after the US House of Representatives and Senate. Making his statement in writing, President Trump announced that he approved the bill. This provisional budget, which will save time until an agreement is reached in the talks on the broader budget draft and the coronavirus (Covid-19) support package, was unanimously approved by the US House of Representatives 67 to 343 votes on Wednesday and by the Senate on Friday. The US House of Representatives approved the first provisional budget bill on September 22, which allows the country to transfer funds to the federal government by December 11, since the 2020 fiscal year ends on September 30. Since Democrats and Republicans could not reach an agreement in the ongoing negotiations on the general budget draft and the coronavirus support package, a one-week provisional budget bill was needed to prevent the government shutdown.       Source: Bloomberg HT