- Biden signed a continuing resolution Thursday that barely averted a government shutdown.
- The legislation keeps the government's doors open through December 3.
- But it does nothing to resolve a debt-limit standoff that's pushing the US to the brink of default.
President Joe Biden signed a continuing resolution on Thursday that keeps the US government funded until December 3, only hours before the shutdown deadline. Congress cleared the measure earlier on Thursday.
The short-term "continuing resolution" passed the
The bill also includes $28 billion in disaster-aid funding for communities ravaged by a recent pair of hurricanes, along with aid to resettle Afghan refugees in the US. But it does nothing to break a deadlock on the debt ceiling, initiated by Republicans, that is pushing the US closer to default.
"This is a good outcome," Senate Majority Leader
"The last thing that Americans need is for the government to grind to a halt," he said.
Yet the bill excluded a debt-limit hike that Republicans rejected on Monday as they stepped up their drive to undercut Biden's multitrillion-dollar economic agenda.
Senate Minority Leader
Now the US is only 18 days away from a default that could affect every part of the economy, from delayed Social Security checks, missed payments for US troops and federal workers, and cuts to unemployment insurance and Medicaid.