Government Shutdown Looms as Deadline Nears

The House of Representatives has rejected a stopgap funding bill backed by President-elect Donald Trump, leaving negotiations in a race against tonight’s midnight deadline. With 38 Republicans joining Democrats, the vote of 235 to 174 has put the federal government on the brink of a shutdown.

The Sticking Points - Trump’s proposed resolution included three months of stopgap funding, a two-year debt ceiling suspension, $100 billion in disaster aid, and farmer support packages. This followed his controversial call to permanently repeal the debt ceiling, a rule that currently caps Treasury borrowing at $36 trillion. The debt ceiling suspension, enacted in June 2023, is set to expire on January 1, 2025. Its fate now hangs in the balance as lawmakers scramble to prevent the shutdown.

Potential Impact - A government #shutdown would furlough millions of federal workers, though essential services like military operations and air traffic control would remain active.
Government Shutdown Looms as Deadline Nears The House of Representatives has rejected a stopgap funding bill backed by President-elect Donald Trump, leaving negotiations in a race against tonight’s midnight deadline. With 38 Republicans joining Democrats, the vote of 235 to 174 has put the federal government on the brink of a shutdown. The Sticking Points - Trump’s proposed resolution included three months of stopgap funding, a two-year debt ceiling suspension, $100 billion in disaster aid, and farmer support packages. This followed his controversial call to permanently repeal the debt ceiling, a rule that currently caps Treasury borrowing at $36 trillion. The debt ceiling suspension, enacted in June 2023, is set to expire on January 1, 2025. Its fate now hangs in the balance as lawmakers scramble to prevent the shutdown. Potential Impact - A government #shutdown would furlough millions of federal workers, though essential services like military operations and air traffic control would remain active.
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