Washington’s battles over government funding ended with a whimper on Thursday as the U.S. Senate approved a $1.1 trillion spending bill that quells for nearly nine months the threat of another federal agency shutdown.
The measure, which funds thousands of government programs from the military to national parks through the Sept. 30 fiscal year-end, passed by a strong, 72-26 majority. President Barack Obama is expectd to sign it into law.
The vote came exactly three months after the end of a 16-day government shutdown in October that was waged over disputed funding of “Obamacare,” the president’s signature health care law.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.