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World Business Report: First broadcast 23/12/2022 22:32 GMT : US congress passes $1.7tn spending bill

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US congress passes $1.7tn spending bill

First broadcast 23/12/2022 22:32 GMT 

First broadcast 23/12/2022 22:32 GMT : US congress passes $1.7tn spending bill

BBC World Service - World Business Report, US congress passes $1.7tn spending bill

The budget provides the administration with funding until the autumn of 2023.

Package contains $772bn for domestic programmes and $858bn for defence. Also $45bn in emergency aid for Ukraine and $38bn for regions recovering from natural disasters.

What can one-point-seven-trillion-dollars get you? It can get you a functioning US government, for a start. Congress has just given final approval to the huge spending bill, just hours before the government would have had to shut down for lack of funds. The bill incorporates the Biden administration's plans to boost domestic spending. It also supports Ukraine's defence effort and reforms US election law. Republicans have condemned the package as a monstrosity, complaining that it contains wasteful spending commitments without addressing their priorities, such as boosting security on the border with Mexico.

The oil company Shell has agreed to pay nearly 16 million dollars in compensation to communities in Nigeria that were affected by multiple oil spills from pipelines in the Niger Delta. The money will benefit the Nigerian communities of Oruma, Goi and Ikot Ada Udo, that were impacted by four oil spills between 2004 and 2007.

Belarusian-made laptops went on sale in Minsk on Thursday two days after the company that makes them, Gorizont, started production. Belarus is making its own laptops on the orders of President Alexander Lukashenko, who's insisting on import-substitution. Gorizont and the city authorities have big plans, including selling laptops in Russia and its allies. The maker says it's a modern computer comparable to big-name brands in quality. Its hardware is based on an 11th-generation Intel Core processor.

(Picture: United States Capitol West Facade with Fountain and Flowers.  Picture Credit: Getty Images)

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First broadcast 23/12/2022 22:32 GMT : US congress passes $1.7tn spending bill

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