US Govt Funding War Officially Over

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.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu