BusinessPostCorner.com
No Result
View All Result
Sunday, May 31, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Lawmakers prepare to vote on compromise to avert US shutdown

September 30, 2023
in Finance
Reading Time: 3 mins read
A A
0
Lawmakers prepare to vote on compromise to avert US shutdown
ShareShareShareShareShare

Receive free US politics & policy updates

We’ll send you a myFT Daily Digest email rounding up the latest US politics & policy news every morning.

Lawmakers were on Saturday preparing to vote on a last-minute compromise to avert a shutdown of the US government that would furlough hundreds of thousands of federal workers, leave troops without pay and risk damaging the economy.

Any deal would need to pass both the Republican-held House and the Democrat-controlled Senate by midnight on Saturday, after which many government operations would have to stop.

A shutdown appeared all but certain late on Friday after 21 Republican rebels voted against a stop-gap funding measure proposed by Republican Speaker of the House Kevin McCarthy. House Democrats also voted against the measure because it included steep budget cuts.

Recommended

But on Saturday McCarthy came back with a new offer to continue funding the government at current levels for another 45 days. House Democrats said they needed time to consider the proposal before deciding whether to endorse it.

McCarthy will be relying on Democratic votes because Republicans control the House by a razor-thin margin but the rebels on his own side leave him without the necessary votes.

Meanwhile in the Senate, the upper chamber of Congress, lawmakers were also gearing up to vote on Saturday afternoon on their own temporary measure that would keep funding the government at current levels, as well as provide several billion dollars in additional aid for Ukraine and disaster relief for parts of America affected by floods and wildfires.

It was unclear whether a majority of the Senate would be willing to drop the additional aid for Ukraine in order to strike a deal with the House, where many Republicans have been wary of providing more support for Kyiv.

Democrats have placed the blame for the shutdown drama on Republicans, given a small but powerful minority of hardliners in the House have hindered several proposed compromise deals in recent days.

Hakeem Jeffries, the top House Democrat, lambasted “extreme” Republicans for “marching us to a dangerous government shutdown” as he spoke at length on the House floor in an effort to buy time for his party to consider the latest McCarthy proposal.

“We’re supposed to believe that the chaos, the dysfunction, the extremism is largely a result of the narrow niche of the Republican majority,” he said. “We had the same exact majority — extremely narrow — on the other side of the aisle and instead of chaos, dysfunction and extremism, we got things done for the American people.”

The White House has also blamed House Republicans for the dysfunction, insisting Congress bears responsibility for funding the federal government.

Credit: Source link

ShareTweetSendPinShare
Previous Post

iPhone 15 overheating tied to apps like Instagram: Apple

Next Post

Chipotle sued over alleged harassment of teen wearing hijab

Next Post
Chipotle sued over alleged harassment of teen wearing hijab

Chipotle sued over alleged harassment of teen wearing hijab

Bitcoin Price Prediction: Whale Dumped Blackrock ETF in The Dark Pool

Bitcoin Price Prediction: Whale Dumped Blackrock ETF in The Dark Pool

May 27, 2026
The role of citations in AEO: Why citations matter more than backlinks for AI visibility

The role of citations in AEO: Why citations matter more than backlinks for AI visibility

May 27, 2026
Bank holiday sun boosts South West tourism

Bank holiday sun boosts South West tourism

May 26, 2026
Florida’s property-tax plan risks charging fees for ‘everything’

Florida’s property-tax plan risks charging fees for ‘everything’

May 29, 2026
Bitcoin Price Prediction: BTC Options Coming to Nasdaq

Bitcoin Price Prediction: BTC Options Coming to Nasdaq

May 25, 2026
Russell 2000 Rebalancing: Index Inclusion to Move Crypto Stocks?

Russell 2000 Rebalancing: Index Inclusion to Move Crypto Stocks?

May 27, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

This viral recruiter says Gen Z isn’t lazy. Corporate America is just mad they’re harder to manipulate

This viral recruiter says Gen Z isn’t lazy. Corporate America is just mad they’re harder to manipulate

May 31, 2026
Liquidity Bifurcated: CLARITY Act Foreign Adversary Risk Explained

Liquidity Bifurcated: CLARITY Act Foreign Adversary Risk Explained

May 31, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!