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

West concerned about Russia rekindling Moldova’s frozen conflict
Oklahoma ends state sales tax on groceries; governor eyes more cuts
Germany rebuffs Macron on troops for Ukraine
Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size
EU marks Ukraine invasion anniversary with fresh pledge of support