House Approves $1T Spending Bill

House Approves $1T Spending BillWith less than three hours before a government shutdown, the House narrowly passed a massive spending bill late Thursday after a drama-filled day of vote counting and lobbying from the White House and Congressional leaders.

The measure passed by a 219-206 vote, with support from 57 Democrats.

The House also passed a measure that will fund the government for two additional days in order to give the Senate time to approve the legislation before the government runs out of funding. The Senate will approve the continuing resolution overnight and could vote on the $1.1 trillion spending bill as early as Friday.

House Democrats huddled Thursday night to discuss a way forward after the spending measure had prompted a public rift between the White House and progressive Democrats, who primarily objected to the bill’s inclusion of a rollback of financial reforms. Sen. Elizabeth Warren of Massachusetts, famed as a thorn in Wall Street’s side, branded those changes a “bailout” for big banks at taxpayers’ expense.

But some key Democrats emerged from the meeting acknowledging it was better to pass the bill then risk another shutdown. Minority Whip Steny Hoyer, D-Md., said on the House floor it was “better to pass it than to defeat it.”