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Investors pulled back from stocks as a budget standoff between Republicans and Democrats in Congress threatened to push the government into a partial shutdown for the first time in 17 years.
Republicans face internal divisions over shutdown prevention with 14 legislative days left, as some Freedom Caucus members push for a full-year continuing resolution opposed by defense hawks.
The White House could, in theory, calm the waters by saying that they won’t push a rescission package to undo any part of a ...
A dark cloud looms on the horizon as Congress prepares for its summer break: There’s a very real chance lawmakers could be ...
House and Senate Republicans are readying for a sprint to the end of fiscal year 2025 while President Trump pushes Congress to further cut government spending.
Senate Republicans say President Trump has made it clear that he doesn’t want a government shutdown, and they’re urging House GOP lawmakers to tone down their approach to the Sept. 30 ...
Democrats are deeply divided over how hard to press their leverage with President Trump and his Republican allies on getting concessions in a bill to fund the government that needs to pass by ...
NEW YORK — The stock market sank to its lowest level in nearly a month Thursday as a partial U.S. government shutdown dragged into a third day.
(The Center Square) – As lawmakers begin crafting the 12 annual appropriations bills to fund the federal government in fiscal year 2026, Senate Minority Leader Chuck Schumer, D-N.Y., has implied ...
World stock markets sank Monday as the U.S. government ambled toward a shutdown that could dent the country’s economic recovery.
It was just over a year ago when, on Oct. 1, 2013, the government shut down for 16 days after Congress was unable to agree on a budget for the new fiscal year.
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