Us Govt Shutdown

Congress reaches tentative deal to avoid govt shutdown, Ukraine aid stalls

Days before a possible partial government shutdown, negotiators in Congress worked furiously Wednesday to finish up a federal spending plan as Washington joined Ukraine and other American allies around the world in watching and waiting for House Speaker Mike Johnson's next move. The new Republican leader is facing the test of his career trying to keep the U.S. government open by Friday's midnight deadline for several federal departments. At the same time, emergency funding for Ukraine, Israel and Indo-Pacific allies remains stubbornly stalled. President Joe Biden convened leaders Tuesday in hopes of pushing them toward a deal. We are very close to getting it done, Senate Majority Leader Chuck Schumer, D-N.Y., said as he opened his side of the Capitol on Wednesday. Republicans are also are optimistic that a deal can be reached. Congress is in what has become a familiar cycle of threatened shutdowns and disruptions as Johnson's hard-right Republicans in his GOP majority strive for ..

US Congressional leaders ready stopgap bill to extend govt funding

Another extension has moved into focus as Congress appears on track to miss two staggered deadlines - January19 for passage of four of the 12 annual government-funding bills and February 2 for others

Joe Biden signs temporary spending bill averting government shutdown

President Joe Biden on Thursday signed a temporary spending bill a day before a potential government shutdown, pushing a fight with congressional Republicans over the federal budget into the new year, as wartime aid for Ukraine and Israel remains stalled. The measure passed the House and Senate by wide bipartisan margins this week, ensuring the government remains open until after the holiday season, and potentially giving lawmakers more time to sort out their considerable differences over government spending levels for the current fiscal year. Biden signed the bill in San Francisco, where he is hosting the summit of Asia-Pacific Economic Cooperation economies. The spending package keeps government funding at current levels for roughly two more months while a long-term package is negotiated. It splits the deadlines for passing full-year appropriations bills into two dates: January 19 for some federal agencies and Feb. 2 for others, creating two dates when there will be a risk of a ..

TMS Ep535: Cricket & Indian brands, caste politics, markets, govt shutdown

Will World Cup bring Diwali early for Indian brands? Will Bihar caste survey change political dynamics? Will this RBI policy be non-event for markets? What is a government shutdown? All answers here

The Biden govt could shut down on October 1: Here's all you need to know

The US Congress is at a crossroads days before a disruptive federal shutdown that would halt paychecks for many of the federal government's roughly 2 million employees

Biden signs stopgap funding Bill to keep US government open: White House

President Joe Biden has signed a stopgap funding bill to keep the US government open, the White House announced

Democrats to unveil temporary funding bill to avert US government shutdown

The measure would prevent a partial shutdown of the government after the current budget year expires at the end of the month

Another govt shutdown may inflict greater harm on US economy, warns Moody's

Fitch Ratings said another shutdown could raise the risks to US economic growth and corporate earnings in the first quarter

Pelosi bars Trump from giving State of the Union address, he says 'too bad'

Pelosi told Trump that there would be no State of the Union Address as she had earlier scheduled on Jan 29 and insisted that annual address of the president cannot happen till govt shutdown continues

US can see 'zero' growth in Q1 if shutdown continues: White House adviser

Since the shutdown began on December 13, Hasset said one of his staffers has started driving for Uber since that's the only way he can pay his bills and feed his family

US shutdown to further crimp growth, recession risk steady: Reuters poll

The partial government shutdown affecting 800,000 federal workers has lasted more than a month and is expected to hurt the already-slowing economy

Barclays lowers US Q1 GDP growth outlook to 2.5% over month-long shutdown

Most of the 800,000 workers who have either been furloughed or are working without pay are expected to miss their second paychecks

Trump offers concessions to secure border wall money, shift shutdown blame

The offer doesn't signal the shutdown is any closer to ending, but it may begin a serious dialogue -- or it could be a strategically-timed attempt to put the ball back in the Democrats' court

Longer the US govt shutdown, bigger the impact on economy: IMF's Gerry Rice

Work together in a spirit of compromise to end govt shutdown: IMF tells US

US shutdown: Despite being unpaid, why are federal workers still working?

Loyalty does not make federal workers immune to economic reality; they still need to make mortgage and car payments

Trump orders thousands to work without pay to blunt shutdown disruption

Paychecks for some 800,000 government employees have been halted amid the lapse in federal funding, including about 420,000 who have been forced to work anyway

Trump shows no signs of backing down, warns of prolonged US govt shutdown

Trump ended up launching with a handful of lesser-known House Republicans

Shutdown makes Trump order a fast-food feast for college football champions

Trump used his own personal money to order burgers and fries from McDonald's and the Wendy's

US government shutdown hits record length with no end in sight

Some Trump allies have been encouraging him to declare a national emergency and redirect other funds to begin building the wall

Trump storms out of talks on US govt shutdown, says a 'total waste of time'

Trump travels to the border to highlight what he calls an immigration crisis