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News Link • Government Debt & Financing

No Government Shutdown, Just More Favors Spread Around

•, by Mike Mish Shedlock

Once again, and as expected by any thinking person, we are on track to avoid a fiscal shutdown.


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.

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