Read: New Trump-approved spending bill released
U.S. House Speaker Mike Johnson (R-LA) gestures as he speaks as Elon Musk and Vivek Ramaswamy, who are leading U.S. President-elect DonaldTrump's proposed new Department of Government Efficiency, meet with members of Congress, on Capitol Hill in Washington, U.S. December 5, 2024. REUTERS/Benoit Tessier
December 19, 2024 | 04:54PM ETBankA new spending bill has been released that earned President-elect Donald Trump's seal of approval on Thursday.
After Trump and close ally Elon Musk killed the GOP's first attempt at a spending bill on Wednesday, the MAGA leader declared "success" in drafting a revised version on Thursday afternoon, which he called a "very good Deal for the American People."
"The newly agreed to American Relief Act of 2024 will keep the Government open, fund our Great Farmers and others, and provide relief for those severely impacted by the devastating hurricanes," wrote Trump, adding that it punted the debt ceiling until 2027.
The current spending bill expires at midnight Friday. If a deal is not reached, the federal government will shut down.
