Original version

BBC World Service South Asia

Business Matters

Discussion & Talk

Factual: Money

Donald Trump receives big cash pledges despite conviction

Global business and finance news and discussion from the BBC

Global business and finance news and discussion from the BBC.

BBC World Service Australasia

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Business Matters: US congress passes $1.7tn spending bill

US congress passes $1.7tn spending bill

24/12/2022 GMT

BBC World Service - Business Matters, 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.

As we reported here yesterday, a "bomb cyclone" - a massive winter storm system is currently expanding across the United States, threatening to upend the travel plans of millions of Americans. Together with snow blizzards and freezing temperatures, local authorities are trying to deal with electricity cuts and protect everyone's Christmas.

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

Accessibility links

Programme Index

Business Matters

US congress passes $1.7tn spending bill

Genres

Formats

Brand

BBC World Service South Asia

About BBC World Service