On the political stage in the United States, budget issues have always been the focus of the two parties' game. On Tuesday (March 11th), the Republican controlled House of Representatives passed a temporary appropriations bill aimed at avoiding a federal government shutdown after Friday. This measure not only concerns the operation of the government, but also reflects the deep-seated differences between the two parties on fiscal policy.

1、 Bill Passed: Victory and Challenge for the Republican Party

On Tuesday, the US House of Representatives passed the temporary funding bill by a narrow margin of 217-213. Despite internal divisions within the Republican Party, only one Republican ultimately voted against it, while one Democrat unexpectedly voted in favor. This result marks a certain degree of Republican control in the House of Representatives, but also exposes the rift between hardliners and moderates within the party.

2、 The pressure of unity between Trump and the Republican Party

President Trump and Vice President Vance have been urging Republicans to remain consistent, especially on government spending issues. Trump's policy of cutting government spending has received support from some hardline lawmakers, such as House Freedom Caucus Chairman Andy Harris, who said he supports the bill because Trump and his advisor Musk are pushing for a movement to cut federal government.

3、 The opposition and compromise of the Democratic Party

Although Democratic Congressman Rosa DeLauro criticized the bill as "handing over the government's keys and blank checks to Musk and Trump," Senate Democrats also realize that a government shutdown would bring unnecessary chaos and harm voter interests. Therefore, some Democrats have stated that they will vote in favor of the bill to avoid a government shutdown.

4、 The Challenge of the Senate

The bill still needs to be passed in the Senate, and Senate Republicans require the support of at least seven Democrats to ensure its passage. This process is full of uncertainty as Senate Democrats have expressed opposition to the bill, but they have also criticized the government shutdown as unnecessary chaos.

conclusion

The passage of the temporary appropriation bill is not only a microcosm of the political game in the United States, but also an important competition between the two parties in fiscal policy. Despite the initial victory of the Republican Party in the House of Representatives, the fate of the bill in the Senate remains uncertain. Regardless of the outcome, this event will have a profound impact on the political landscape of the United States.

The passage of the temporary funding bill avoided a government shutdown and eased market concerns about political uncertainty. Government shutdowns typically result in delayed release of economic data, disruption of federal services, and decreased consumer confidence, all of which have a negative impact on the US dollar. Therefore, after the bill is passed, the US dollar may receive support in the short term.

However, in the medium to long term, differences in fiscal policy, potential negative impacts of spending cuts on economic growth, and fiscal deficit issues may put pressure on the US dollar. In addition, the direction of the Federal Reserve's monetary policy and international capital flows will also be key factors affecting the trend of the US dollar.