Chinanews, October 1st, according to the US Chinese website, on October 1, local time, US President Trump signed a spending bill to prevent the government from "closing" before December 11.
The bill will ensure that the government still has funds to maintain operations during the epidemic and a few weeks before the 2020 election.
Data map: US President Trump.
According to reports, the bill was passed by the House of Representatives last week and passed by the Senate on September 30.
The agreement reached by the two parties increased the nutrition assistance program by 8 billion U.S. dollars and allowed the agricultural aid distributed through the Commodity Credit Corporation to continue, but the Democratic Party requested measures to prevent agricultural funds from flowing to large oil companies.
According to the report, theoretically speaking, surpassing the threat of government "shutdown" will give Congress greater flexibility to break the controversy over formulating a new round of epidemic relief plans before the election.
U.S. Treasury Secretary Mnuchin and Speaker of the House of Representatives Pelosi both stated on September 30 that they are "full of hope" for the prospect of reaching an agreement.
Since the outbreak of the new crown epidemic, the United States has passed 4 rounds of economic stimulus plans, with nearly 3 trillion US dollars allocated, but many aids including unemployment insurance have expired in early August.
U.S. media quoted analysis as saying that if the two parties fail to reach an agreement on a new round of economic stimulus plan in the near future, it may cause the U.S. economy to decline again in the fourth quarter.