Skip to content
Market Spectator

Market Spectator

Primary Menu
  • Business
  • Domestic
  • Economy
  • Politics
  • Top News
  • Newsletters
Live
  • Home
  • 2024
  • March
  • 4
  • Factbox-What is in the US government funding bill before Congress?
  • Domestic

Factbox-What is in the US government funding bill before Congress?

Market Spectator March 4, 2024
FILE PHOTO: A view of the U.S. Capitol Building in

FILE PHOTO: A view of the U.S. Capitol Building in Washington.

WASHINGTON (Reuters) – Five months into the fiscal year, congressional negotiators have unveiled the first tranche of bills to avert a partial government shutdown, with Republicans and Democrats touting the portions of the legislation that embraced their key priorities.

Below are some of the details from the 1,050-page bill.

JUSTICE DEPARTMENT

House of Representatives Speaker Mike Johnson touted the fact that the legislation bars the Justice Department “from targeting parents exercising their right to free speech before school boards.”

A section of the measure “prohibits the Department from targeting or investigating parents who peacefully protest at school board meetings and are not suspected of engaging in unlawful activity.”

Republicans took issue with a department memo issued in 2021 that said it was using its authority to discourage a spike in harassment, threats and intimidation of school officials. Attorney General Merrick Garland has defended the memo, saying authorities never used the FBI against parents.

ENVIRONMENTAL PROTECTION AGENCY

Johnson said the measure imposed deep cuts on the Environmental Protection Agency, while Democrats said the bill rejected drastic cuts to environmental programs.

The bill cuts funding to the EPA to $9.16 billion, down from $10.1 billion in the previous fiscal year. But it maintains staffing levels and funding for several programs.

BUREAU OF ALCOHOL, TOBACCO AND FIREARMS

Johnson said Republicans had won deep cuts to the Bureau of Alcohol, Tobacco and Firearms. The bill cuts funding to the ATF by about 7%. Much of that decrease stems from the fact that there are not construction expenses included for the bureau in the current fiscal year.

DEPARTMENT OF VETERANS AFFAIRS

Both Democrats and Republicans touted the fact that the legislation fully funded veterans’ healthcare. The bill boosts funding for veterans’ healthcare by more than $2 billion, including for mental health, women’s health and caregivers.

FOOD AID

Democrats touted the fact the legislation fully funded a key food aid program. The bill boosted funding for the program by about $1 billion.

RENTAL ASSISTANCE

Democrats highlighted funds for rental assistance and for programs to help build housing. The legislation included money for a program to produce housing, housing vouchers and other rental assistance.

(Reporting by Makini Brice; editing by Jonathan Oatis)

tagreuters.com2024binary_LYNXNPEK230P8-VIEWIMAGE

Continue Reading

Previous: X, ByteDance, Booking.com could face tough EU rules
Next: Former Twitter execs sue Elon Musk for over $128 million in severance

Related Stories

Former U.S. President Trump's criminal trial on charges of falsifying
  • Domestic

Factbox-Who are the candidates running in the 2024 US presidential election?

Market Spectator May 9, 2024
FILE PHOTO: A scientist looks at hypometabolic and hypoperfusion patterns
  • Domestic

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

Market Spectator May 6, 2024
FILE PHOTO: Supporters of former U.S. President Donald Trump wave
  • Domestic

Trump, RNC raise over $76 million in April, half from small donors

Market Spectator May 5, 2024

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Categories

  • Business
  • Domestic
  • Economy
  • Politics
  • Top News
  • Uncategorized

Recent Posts

  • European drinks group skid after US surgeon general calls for cancer warnings
  • AI a productivity boost to banks but making money from it is a challenge
  • Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending
  • Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
  • Stunning rally in Big Tech drives Nasdaq to 20,000

You may have missed

2025-01-03T141432Z_1_LYNXMPEL020G8_RTROPTP_4_PERNOD-RICARD-INDIA-RAJASTHAN
  • Business

European drinks group skid after US surgeon general calls for cancer warnings

Market Spectator January 3, 2025
2024-12-11T214504Z_1_LYNXMPEKBA10D_RTROPTP_4_REUTERS-NEXT-GOLDMAN-SACHS-CEO
  • Business

AI a productivity boost to banks but making money from it is a challenge

Market Spectator December 11, 2024
2024-12-11T212535Z_1_LYNXMPEKBA102_RTROPTP_4_ADOBE-RESULTS
  • Business

Adobe forecasts fiscal 2025 revenue below estimates on slower subscription spending

Market Spectator December 11, 2024
2024-12-11T213952Z_1_LYNXMPEKBA109_RTROPTP_4_TECH-ANTIRUST-MICROSOFT
  • Business

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

Market Spectator December 11, 2024
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Market Spectator | marketspectator.com