Government Shutdown Looms as Congress Races Against the Clock

1 min read
Source: Reuters
Government Shutdown Looms as Congress Races Against the Clock
Photo: Reuters
TL;DR Summary

Lawmakers in Congress are scrambling to avert a government shutdown as Republicans in the House of Representatives remain divided on passing legislation to keep the government open beyond the start of the fiscal year on October 1. The Democratic-controlled Senate is set to advance a stopgap funding bill, but a final vote may be delayed. If a spending bill is not sent to President Joe Biden by 12:01 a.m. on Sunday, federal employees will lack funding, and certain government services will shut down. The standoff raises concerns about U.S. creditworthiness and comes just months after the debt-ceiling standoff.

Share this article

Reading Insights

Total Reads

0

Unique Readers

13

Time Saved

2 min

vs 3 min read

Condensed

83%

58898 words

Want the full story? Read the original article

Read on Reuters