Congress hurtles towards spending crisis with proposed cuts and debt ceiling drama.

1 min read
Source: CNN
Congress hurtles towards spending crisis with proposed cuts and debt ceiling drama.
Photo: CNN
TL;DR Summary

The House and Senate are heading towards a major spending standoff that could lead to a government shutdown this fall. The hard-fought debt ceiling package signed into law earlier this month included a rare, early topline spending agreement that was carefully negotiated between the White House and the speaker that dictated how much money the federal government would invest in domestic and defense programs. However, the House GOP's decision to move all the bills through the House Appropriations Committee at the lower, fiscal year 2022 level has been called "chaos" and "all but guarantees a shutdown" by the top Democrat on the House Appropriations Committee, Rep. Rosa DeLauro of Connecticut.

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