IPFS News Link • Government Debt & Financing
No Government Shutdown, Just More Favors Spread Around
• https://www.themaven.net, by Mike Mish ShedlockOnce again, and as expected by any thinking person, we are on track to avoid a fiscal shutdown.
How?
The Spending Deal in the works sloshes enough money around to make enough people happy.
$1.57 billion for border security, including fencing.
$2.8 billion increase for opioid addiction treatment, prevention and research.
$10 billion in new infrastructure funding including $600 million for new high-speed broadband development.
$307 million more than Trump asked for to combat potential Russian cyberattacks during the U.S. midterm elections. Another $380 million for states to secure their election systems.
A $1.34 billion increase for the Census to help prepare for the 2020 survey.
Makes a rail tunnel under the Hudson River that's a priority of Senate Minority Leader Charles Schumer, a New York Democrat, eligible for funding. Leaders have agreed to include $540 million in the bill that could be used to fund a portion of the Gateway project, Politico said.