Key takeaways
- The December spending bill authorized the government to spend more than $1.7 trillion
- Line items were as varied as Ukraine aid and election oversight reform
- The bill also averted a costly shutdown
In December, Congress passed an omnibus spending bill, authorizing more than $1.7 trillion in spending on various programs throughout the country.
U.S. government spending makes up a significant portion of the country’s economic activity and can have a big impact on the economy and the stock market. Tracking these major spending bills, and how they could impact your portfolio, is important for investors.
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