News

Ford cuts production of electric truck as EV demand slows

The US House of Representatives passed a short-term spending bill on Thursday that will avert a partial government shutdown and free up lawmakers to focus on contentious negotiations over aid to Ukraine.

Passage in the House came after the Senate overwhelmingly approved the bill earlier on Thursday. The bill will now go to President Joe Biden for his signature, extending government spending at current levels for some federal agencies until March 1 and others until March 8.

“It’s good news for every American, especially our veterans, parents and children, farmers and small businesses, all of whom would have felt the sting of a shutdown,” wrote Chuck Schumer, the Democratic leader in the Senate, after the vote.

Read more here.

Articles You May Like

Syria dissolves rebel factions as al-Sharaa consolidates power
Fed says it is weighing changes to bank tests for systemic risk
California high court allows extra time for briefing in pension debt case
Biden and Democrats seal judicial confirmation push to beat Trump’s tally
Russia accused of shooting down Azerbaijan passenger plane