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Government Shutdown Looms as Congress Struggles to Pass Funding Before Deadline

  • Government shutdown chances hit 90% as Congress scrambles to pass funding bill before Sept 30 deadline

  • Budget watchdog warns shutdown highly likely unless "everything falls into place perfectly"

  • Disagreements in Congress center around duration of short-term funding bill and other policy provisions

  • Watchdog urges "clean" short-term funding bill to avoid "throwing everything in"

  • Expert says frequent shutdown threats highlight major problems with U.S. budget process

foxbusiness.com
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Goldman Sachs analysts predict that the U.S. government is "more likely than not" to shut down later this year due to spending disagreements, which could temporarily impact economic growth by reducing it by 0.15-0.2 percentage points per week, with past shutdowns having minimal impact on equity markets.
There is a significant chance of a government shutdown as lawmakers on Capitol Hill are divided on reaching a resolution, with Senator Ted Cruz suggesting that President Biden and Senator Schumer may want a shutdown for political gain.
Lawmakers in the United States have a limited amount of time to pass crucial spending legislation and avoid a government shutdown, which could have major impacts on federal agencies, federal employees, and various services provided to Americans.
There is a possibility of a government shutdown as Congress faces a deadline to pass 12 spending bills, with the most likely scenario being a continuing resolution to extend last year's spending levels for a designated period of time.
Lawmakers in Congress are facing a potential government shutdown at the end of the month, with the possibility of a shutdown becoming increasingly inevitable due to the lack of progress in negotiations and disputes between House Speaker Kevin McCarthy, hardliners in his party, and the US Senate.
Lawmakers in Congress have less than two weeks to reach a deal on funding the government past September 30, and there is a risk of a partial government shutdown if an agreement is not reached. Some GOP groups are discussing a 30-day stopgap spending patch with border security measures attached, but a shutdown is expected to be short-term.
With just over a week until Congress hits their deadline, the possibility of a government shutdown grows as House Republicans remain divided on spending negotiations.
Congress faces the risk of a government shutdown as Republican infighting and dysfunction threaten to derail funding, highlighting the long-running chaos and dysfunction in American politics.
The US government faces a potential shutdown if Congress fails to agree on funding past September 30, which would be the first shutdown since December 2018 and could result in a longer standoff between parties.
Millions of federal employees and military personnel face the prospect of a government shutdown, which would result in financial hardships for American families, disruptions in services, and potential harm to the economy.
The federal government is at risk of shutting down on October 1 if a last-minute spending deal is not reached, potentially leading to delayed paychecks for millions of federal workers and negative effects on the economy, according to the AP.
Lawmakers are preparing for a possible government shutdown as President Joe Biden's administration advises agencies to update their shutdown plans, while congressional Republicans debate on how to proceed before the current spending plan expires.
The federal government is on the verge of a shutdown, with potential consequences for various areas of governance.
A potential government shutdown looms as Congress struggles to pass a funding bill by Saturday night, which could result in federal workers going without pay and essential services continuing while non-essential services halt.
If Congress fails to act, a potential government shutdown this weekend could harm the U.S. credit rating, according to Moody's. The agency highlighted the U.S.'s weak fiscal planning and dysfunctional budgeting process as factors that may negatively impact its credit rating.
A government shutdown is looming, and if lawmakers fail to pass a budget or stopgap measure by September 30, federal agencies deemed non-essential will cease operations, impacting federal workers, government benefits recipients, air travel, and the overall economy.
Unless Congress acts soon, the federal government is at risk of shutting down again, leaving millions of federal workers without pay, as House Speaker Kevin McCarthy and his caucus clash over maintaining government operations or implementing drastic spending cuts demanded by conservatives.
Goldman Sachs' top economist predicts that a government shutdown could last up to 3 weeks if a plan is not formulated by Congress within the next three days.
The US is facing the possibility of a government shutdown as Republicans demand deep spending cuts, risking furloughs of federal workers and halting various services.
The Senate voted 76-22 to keep a six-week government funding measure on track to pass this weekend, but it looks increasingly likely the federal government will shut down when funding runs out Saturday.
A government shutdown due to a short-term spending bill will cause financial hardship for federal employees and contractors, but there are steps they can take such as contacting their landlord or mortgage loan servicer for assistance.
The Republican-controlled House attempts to pass a short-term spending measure with funding for 30 days to avert a federal government shutdown, while the Senate bill offers more time but lacks the same level of spending cuts.
Summarizing the text given, the US is preparing for a government shutdown as the funding deadline approaches, with potential consequences including delays in work authorizations for migrants, impacts on the Federal Aviation Administration, uncertainty in the House regarding a procedural vote, and concerns about the effects on small businesses and border security.
The U.S. government faces a partial shutdown if a bipartisan stopgap spending bill is not passed, leading to the closure of national parks, furloughs of federal workers, and suspension of regulatory activities, as a handful of hardline Republicans reject the bill.
Lawmakers in the United States have less than 48 hours to prevent a government shutdown, which would have significant negative impacts on various sectors, including aid for babies, pay for military members, and the operation of national parks.
The federal government is at risk of shutting down unless a temporary spending bill can be agreed upon by a small group of Republican representatives; in the event of a shutdown, certain factors such as food aid, economic data, and federal employee salaries would be affected, while others including U.S. stocks, Social Security checks, and the U.S. Postal Service would not be impacted.
Congress remains on track to trigger a government shutdown, as House Speaker Kevin McCarthy faces resistance from hardline conservatives and fails to advance a stopgap bill to extend government funding past a critical deadline.
The government is on the brink of a shutdown because Congress has not passed the necessary spending bills, and it remains uncertain how it will reopen as there is a disagreement over spending between right-wing Republicans and the Senate and White House controlled by Democrats.
Congress's failure to pass the 12 yearlong spending bills that fund the federal government has led to a looming shutdown, leaving lawmakers scrambling to find a bipartisan solution to temporarily fund federal agencies and avoid a shutdown.
The United States government is at risk of a partial shutdown, which could impact the progress of crypto bills and hinder the functioning of financial regulators.
The US government narrowly avoided a shutdown after Congress passed a last-minute funding bill and President Joe Biden signed it just before midnight, preventing an unnecessary crisis and ensuring the government remains open until at least November 17.
Congress passes a short-term spending bill to avert a government shutdown, which President Biden signed into law, funding the government through November 17.