• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, December 12, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

U.S Congressional Leaders Unveil $1.7 Trillion Spending Package

Comfort Ampomaaby Comfort Ampomaa
December 20, 2022
Reading Time: 3 mins read
2000

Congressional leaders unveiled a government-wide $1.7 trillion spending package early Tuesday, December 20, 2022.

The spending package comprises another large round of aid to Ukraine, an approximately 10% boost in defense spending and roughly $40 billion to assist communities across the country recovering from drought, hurricanes and other natural disasters.

The bill, which runs for 4,155 pages, includes about $772.5 billion for non-defense discretionary programs and $858 billion in defense funding and would last through the end of the fiscal year in September.

RelatedPosts

US Targets Maduro’s Family, Venezuela’s Oil Sector With Sanctions

Judge Orders Kilmar Abrego Garcia’s Immediate Release From ICE Custody

US House Approves Record Defence Policy Bill

Lawmakers made efforts to include as many priorities as they could into the extensive package, likely the last major bill of the current Congress.

Congress is racing to complete passage before a midnight Friday deadline or will face the prospect of a partial government shutdown going into the Christmas holiday.

Lawmakers leading the negotiations released the details of the bill shortly before 2 a.m.

ADVERTISEMENT

According to Sen. Patrick Leahy, the Democratic Chairman of the Senate Appropriations Committee, the spending package includes about $45 billion in emergency assistance to Ukraine as it battles Russia’s invasion.

It would be the biggest American infusion of assistance yet to Ukraine, above even President Joe Biden’s $37 billion emergency request, and ensure that funding flows to the war effort for months to come.

The U.S. has provided about $68 billion to Ukraine in previous rounds of military, economic and humanitarian assistance.

“Finalizing the omnibus is critical, absolutely critical for supporting our friends in Ukraine,” said Senate Majority Leader, Chuck Schumer.

The legislation also includes significant revisions to federal election law that aim to prevent any future Presidents or Presidential candidates from trying to overturn an election.

Senate Republican leader, Mitch McConnell has warned that if the fiscal year 2023 spending measure fails to gain bipartisan support this week, he would seek another short-term patch into next year, guaranteeing that the new Republican majority in the House would get to shape the package.

Leahy argued against that approach in releasing the bill saying, “the choice is clear. We can either do our jobs and fund the government, or we can abandon our responsibilities without a real path forward.”

Despite the warning, McConnell framed the longer-term spending bill as a victory for the GOP, even as many will undoubtedly vote against it.

McConnell said Republicans were successful in increasing defense spending far beyond Biden’s request while scaling back some of the increase Biden wanted for domestic spending.

“The Congress is rejecting the Biden administration’s vision and doing the exact opposite.”

Mitch McConnell

Neither Side Got Everything It Wanted

Shalanda Young, Director of the Office of Management and Budget, said in a statement that neither side got everything it wanted in the deal.

Yet, she praised the measure as “good for our economy, our competitiveness, and our country, and I urge Congress to send it to the President’s desk without delay.”

Lawmakers are nearing completion of the 2023 spending package nearly three months late. It was supposed to be finished by last October 1, 2022 when the government’s fiscal year began.

The last time Congress enacted all its spending bills on time was in 1996, when the Senate finished its work on Sept. 30, the very last day of the budget year.

Then-President Bill Clinton signed it that same day.

READ ALSO: Okomfo Anokye Rural Bank PLC Attains Its Feet On A Path Of Profitability

Tags: budgetCongressDemocratsPresident Joe Biden
ShareTweetShareSendSend
Please login to join discussion
Previous Post

NPP Will Build A Collation Centre For Asiedu Nketia’s Administration – Kojo Darkwa Asumani

Next Post

World Bank Developing Comprehensive youth-centred programme to Support You start Program

Related Posts

Nicolas Maduro addresses supporters outside the Miraflores presidential palace.
USA

US Targets Maduro’s Family, Venezuela’s Oil Sector With Sanctions

December 12, 2025
ap 693ae870dc46f 1765468272
USA

Judge Orders Kilmar Abrego Garcia’s Immediate Release From ICE Custody

December 11, 2025
File photo
USA

US House Approves Record Defence Policy Bill

December 11, 2025
download 9
USA

Judge Reverses Previous Decision To Keep Epstein’s 2019 Case Records Sealed

December 10, 2025
6380
USA

Eileen Higgins Makes History With Miami Mayoral Win

December 10, 2025
ICE Intensifies Afghan Arrests Following National Guard Shooting, Families Live in Fear
USA

ICE Intensifies Afghan Arrests Following National Guard Shooting, Families Live in Fear

December 9, 2025
Pearl Satekla, NRSA Public Relations Officer
General News

NRSA Demands Dedicated Motor Lanes to Curb ‘Meandering’ After Okada Legalization

by Silas Kafui AssemDecember 12, 2025
Hon. Mahama Ayariga, Majority Leader
General News

Mahama Ayariga Heeds President Mahama’s Call, Withdraws OSP Repeal Bill

by Silas Kafui AssemDecember 12, 2025
Chaos in Cameroon: Two Rival AFCON Squads Named as Manager ‘Refuses to Be Sacked’
Sports

Chaos in Cameroon: Two Rival AFCON Squads Named as Manager ‘Refuses to Be Sacked’

by M.CDecember 12, 2025
Ewoyaa Project: Atlantic Lithium Limited
Extractives/Energy

Atlantic Lithium Remains Confident After Ghana Parliament Pauses Mining Lease Approval

by Prince AgyapongDecember 12, 2025
President John Dramani Mahama
General News

Mahama Rallies for New Era of African Economic Independence at Kenya’s 62nd Jamhuri Day

by Evans Junior OwuDecember 12, 2025
Access Bank Sparks Continental Shake-Up as It Leads Africa’s Unified Payment Revolution
Banking

Access Bank Sparks Continental Shake-Up as It Leads Africa’s Unified Payment Revolution

by M.CDecember 12, 2025
Pearl Satekla, NRSA Public Relations Officer
Hon. Mahama Ayariga, Majority Leader
Chaos in Cameroon: Two Rival AFCON Squads Named as Manager ‘Refuses to Be Sacked’
Ewoyaa Project: Atlantic Lithium Limited
President John Dramani Mahama
Access Bank Sparks Continental Shake-Up as It Leads Africa’s Unified Payment Revolution

Recent News

Pearl Satekla, NRSA Public Relations Officer

NRSA Demands Dedicated Motor Lanes to Curb ‘Meandering’ After Okada Legalization

December 12, 2025
Hon. Mahama Ayariga, Majority Leader

Mahama Ayariga Heeds President Mahama’s Call, Withdraws OSP Repeal Bill

December 12, 2025
Chaos in Cameroon: Two Rival AFCON Squads Named as Manager ‘Refuses to Be Sacked’

Chaos in Cameroon: Two Rival AFCON Squads Named as Manager ‘Refuses to Be Sacked’

December 12, 2025
Ewoyaa Project: Atlantic Lithium Limited

Atlantic Lithium Remains Confident After Ghana Parliament Pauses Mining Lease Approval

December 12, 2025
President John Dramani Mahama

Mahama Rallies for New Era of African Economic Independence at Kenya’s 62nd Jamhuri Day

December 12, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address