Large swaths of the U.S. government could temporarily close on Oct. 1 if Congress does not approve spending bills due to a dispute between far-right Republicans and other lawmakers. Here are some facts about U.S. government shutdowns: WHY WOULD THE GOVERNMENT SHUT DOWN? Congress must alloca...
As the US is often on the verge of a federal government shutdown, it remains unclear when political polarization will end.
US government shutdown would significantly curtail CFTC activitiesThe US Commodity Futures Trading Commission said the vastmajority of the agency's operations would cease if there is a lapsein funding because lawmakers fail to agree on appropriations.However, oversight of derivatives markets would ...
As the US is often on the verge of a federal government shutdown, it remains unclear when political polarization will end.
Shutdown risk A deal that would avert a US government shutdown this weekend is looking less likely. Republican House Speaker Kevin McCarthy wants to use a shutdown to secure more concessions, having got an agreement on long-term spending cuts in last spring’s showdown. “I want to sit ...
government funding for four to six weeks from October 1. Similar bills, commonly called “continuing resolutions” (CR), have managed to offset government shutdowns before; particularly in 2018 when two separate government shutdowns were delayed into January and December, respectively. This shows ...
That move had echoes of October, when a small band of hardliners engineered a vote that removed McCarthy for relying on Democrats to pass a stopgap measure to avert another partial government shutdown. They had been angry at McCarthy since June, when he agreed with Biden on the outlines ...
of which 704 billion US dollars will be spent on non-defense spending. Although this is only part of the 2024 fiscal year budget to avoid a government shutdown, according to Moody's analysis, the size of this section is basically the same as the 2023 fiscal year, which suggests that budg...
20:49:47, October 1, 2023 Biden signs stopgap funding bill to avert government shutdown Joe Biden signs the stopgap funding bill on Saturday night. From @POTUS/X President Joe Biden signed a stopgap bill to avert a government shutdown tonight ahead of a critical midnight deadline when ...
"Could you imagine if we were having this discussion right now with the American government shut down with our troops in the Middle East, wondering when they'll ever get paid again? Keeping the government open was the right decision to make, and I'd make it again eac...