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Hey there, OnPolitics readers! |
The Senate overwhelmingly passed a $1.7 trillion spending package Thursday that includes record amounts for domestic programs and defense priorities as lawmakers scrambled to approve the sweeping bill as a foreboding winter storm threatened to pummel the nation's capital. |
"This is one of the most significant appropriations packages we have done in a very long time. The range of people it helps is large indeed," Senate Majority Leader Chuck Schumer, D-N.Y., said before the vote. |
The measure would fund the rest of the 2023 fiscal year that runs through Sept. 30 and avoid a partial government shutdown set to take effect 12:01 a.m. Saturday, USA TODAY's Sarah Elbeshbishi reports. |
💸 What made the cut? The bill's wide reach spans from a TikTok ban on government devices to additional aide for Ukraine in its effort to beat back Russia's invasion. |
💸 What was left out? Despite being a top priority for Democrats, a child tax credit expansion that began in response to the pandemic was not included in the sweeping bill. Neither the SAFE Banking Act nor additional Big Tech regulation made the cut, either. |
💸 Now what? Although the $1.7 billion bill has cleared a major hurdle, it still has yet to pass the House, which it's expected to do Friday. Read more about the measure here. |
Real quick: Stories you'll want to read |
• | FTX scandal: Sam Bankman-Fried, founder of the failed cryptocurrency exchange FTX, will be released on a $250 million bond following his first appearance in federal court, where he is accused of misappropriating billions of dollars in customer funds in one of the largest fraud schemes in U.S. history. | • | Zelenskyy at the Capitol: Volodymyr Zelenskyy, the comedic actor turned Ukrainian leader, delivered perhaps the most dramatic performance of his career Wednesday, embarking on a whirlwind tour that culminated in an address to Congress where he urged lawmakers to keep sending aid to his war-ravaged nation. | • | Watch here: Zelenskyy and Biden met at the White House to discuss Russia's war in Ukraine and where the U.S. fits into it. Watch parts of their meeting here. | |
🕗 We're still waiting for the House committee investigating the Jan. 6, 2021 Capitol attack to release its final report, after the panel postponed its release Wednesday. Follow our live updates here. |
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