The U.S. Congress passed a federal government temporary spending bill early Saturday morning, signed into law by President Biden, which at the last moment averted a government shutdown crisis that could have sparked turmoil. However, Congress did not raise the debt ceiling for two years as requested by Trump before his inauguration on January 20 next year, casting a shadow over Trump's new policies. (Background: Musk hinted that the IRS would accept an audit from the Department of Government Efficiency (DOGE), possibly slashing the budget by $20 billion.) (Additional context: Experts warn: The U.S. may face a repeat of the UK's 2022 mini-budget crisis! The dollar is experiencing severe fluctuations, and treasury yields are skyrocketing.) The two major parties in the U.S. had originally reached a bipartisan agreement on a spending bill that would sustain government operations until March 14, 2025, including disaster relief, agricultural subsidies, and pay raises for members of Congress, among other bipartisan legislative priorities. However, due to opposition from incoming President Trump and Tesla CEO Musk on the 18th, the temporary spending bill that the two parties had negotiated was hastily amended by House Speaker Mike Johnson on the 19th, removing several provisions and extending the debt ceiling for two years to accommodate Trump. However, the bill failed to pass in the House of Representatives, leading to a potential government shutdown crisis. After several twists and turns, Congress finally passed the government spending bill this morning and submitted it to the White House, where President Biden signed it into law, averting a partial government shutdown during the Christmas holiday period. The Republican-controlled House approved the bill by a vote of 366 to 34 and sent it to the Democrat-controlled Senate for a vote. The Senate then passed the new spending bill by a vote of 85 to 11, just 38 minutes after the original deadline of midnight on the 21st, continuing to provide government funding. Under the bill, federal funding will be extended until March 14 next year, including $100 billion for disaster aid, $10 billion in agricultural assistance to farmers, and the continuation of farm and food assistance programs that are set to expire at the end of the year. However, the bill did not meet Trump's request to raise the debt ceiling. Trump's demand to eliminate the debt ceiling was not approved. According to Reuters, Trump previously called for a suspension or elimination of the debt ceiling but ultimately did not get his way. The appropriations bill sparked turmoil in Congress, with members of his own party defying Trump's wishes and compromising at the last minute to prevent a government shutdown, highlighting Trump's limited influence over his party members. The debt ceiling will remain a concern after Trump's administration begins. Trump's policy plans could lead to an increase in national debt by around $8 trillion. The U.S. federal government spent about $6.2 trillion last year, with debt exceeding $36 trillion. Congress needs to take action before mid-next year to approve further borrowing. Mike Johnson stated that the Republican Party will have greater influence next year when they will hold a majority in both the House and Senate, and Trump will also be in the White House. Related reports: Musk's dogecoin meme causes DOGE to surge, helping Trump rally support: at least cut $2 trillion from the federal budget. Insane! DOGE's Department of Efficiency collaborates with USUAL to 'confirm false news,' with the currency price still skyrocketing by 30% to a new high. Musk declares: The ultimate goal of the DOGE Government Efficiency Department is to eliminate itself by 2026! "The government shutdown crisis has been resolved! Biden signs the 'temporary spending bill,' Trump fails to raise the debt ceiling." This article was first published on BlockTempo (the most influential blockchain news media).