Economy

Biden signs $1.2 trillion funding package, averting government shutdown


U.S. President Joe Biden walks towards Marine One as he departs the White House in Washington, U.S., March 22, 2024. REUTERS/Elizabeth Frantz/File Photo

WASHINGTON (Reuters) – President Joe Biden on Saturday signed into law a $1.2 trillion budget bill to keep the U.S. government funded through a fiscal year that began six months ago and to avert a partial shutdown, according to a statement released by the White House.

“The bipartisan funding bill I just signed keeps the government open, invests in the American people, and strengthens our economy and national security,” Biden said in the statement.

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