US Struggles With Funds Continue, Extension Approved!

America is a super popular nation and enjoys big brother status. Thanks to its economic size it has a big advantage. Given the stature the nation enjoys everyone will have an image that everything is going well in the nation and it has no issues. It is common to have an image.

But the reality is different. As far as the finances are concerned America is not having a good time.Due to lack of funds the government is unable to perform many federal programs. If the funds are not released on time then the government might be in danger of a shutdown.

However, the United States avoided a possible shutdown, thanks to the extension to spending. The House gave its nod for the approval to extend the spending. As the short-term extension was approved there is no issue as of now.

The US Congress gave its nod to the proposal to approve short-term spending measure. In a safety measure leaders of both houses supported the bill to see that the government is not shut down and the federal agencies are not halted.

It is known that the US has to spend a lot of money on various issues. Be it for the country's needs like Military, Government employees, and other needs. On top of this, the US also spends big money on sending financial aid to friendly nations like Ukraine and others. It is known that the US has been supporting Ukraine since the start of the war and even moved the UN against Russia seeking votes against it.

Speaker of the United States House of Representatives Mike Johnson spoke about the decision and said that a partial amount would be released soon to aid the federal agencies. With this, the bills concerning various sectors would be released in a phased manner.

The surprising thing is that this is not the first time the US released the funds. In the last five months, four extensions were given including the latest one. The financial condition of the United States is getting all the attention ahead of the much-awaited Presidential elections.