Trump signs bill ending USA government shutdown

GOVERNMENT SHUT DOWN

US federal shutdown at hand after fiscal hawk's dissent

President Donald Trump is making the case on Twitter for electing more Republicans to Congress after signing a $400 billion spending plan. The deal gives appropriations committees in both houses of Congress time to craft a detailed spending plan that will fund the government through September of 2019.

Ryan made a public pitch for votes on February 8, emphasizing the increased funding for the Pentagon to assuage the concerns of Republicans who said they would vote no because the plan also raised spending on domestic programs.

"Now we have Republicans hand in hand with Democrats offering us trillion-dollar deficits". U.S. Sen. Rand Paul, R-Ky., made a last-minute stab at reminding his party that it used to care about the deficit.

The government shut down at midnight Thursday after Kentucky GOP Sen. "Also means JOBS, JOBS, JOBS!" tweeted the President. Next up, however, is a Senate immigration battle that may well lead nowhere, complicated by divisions within parties rubbed raw by the spending pact plus election-year pressures that always make compromise challenging. The agreement also adds $89 billion in overdue disaster aid for hurricane-slammed Texas, Florida and Puerto Rico, a politically charged increase in the government's borrowing cap and a grab bag of health and tax provisions.

The White House's Office of Management and Budget said earlier in the evening it was preparing for a shutdown if the stopgap bill did not win passage on time in Congress. He said he could not "look the other way because my party is now complicit in the deficits". Markets barely flinched at the last shutdown in January, but that was before a selloff that started on Jan. 30 amid concerns about inflation and higher interest rates.

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For all the talk about shaking up Washington, President Donald Trump and Congress have resolved the latest budget crisis by the most conventional and time-honored of ways: spreading money around until the requisite votes appear.

But it failed to address the plight of those in limbo under the Deferred Action for Childhood Arrivals program. The deficit under this bill is expected to top $1.5 trillion - up from about $430 billion just a couple of years ago. "Must elect more Republicans in 2018 Election!"

Republican Senator Rand Paul of Kentucky, protesting the huge spending increases that are central to the deal, delayed action for most of February 8 by demanding a vote on an amendment to keep existing budget limits in place.

"The ... caucus opposes the deal to raise spending caps on discretionary spending by almost $300 billion over two years", the roughly 30-member group said Wednesday.

House Democratic leader Nancy Pelosi and others in her party had opposed the bill because Republican House leaders would not guarantee her a debate later on bipartisan steps to protect about 700,000 "Dreamer" immigrants from deportation. It also renews a number of expired tax breaks for calendar 2017 including for cellulosic biofuel, while extending a nuclear power tax credit that was scheduled to expire so that it is available after 2020.

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