Connect with us

Hi, what are you looking for?

Economy

The Hitchhiker’s Guide to where we stand to avoid a government shutdown

There is no clear path right now to avoid a government shutdown at 12:00:01 a.m. ET Saturday. 

However, circumstances often accelerate matters just before a deadline on Capitol Hill.

With Sen. Rand Paul, R-Ky., opposing the GOP plan, Republicans need at least eight Democrats to help break a filibuster on the House-passed bill. 

Senate Republicans could then approve the bill on their own with a simple majority. 

Senate Democrats are pushing their own, monthlong spending package. However, if the Senate OKs that, the House and Senate are out of sync. The House is now out of session for a week and a half. 

Democrats are really torn. They do not want to support the GOP plan. They also want to make this battle a hill to die on to fight back against President Donald Trump and Elon Musk. 

However, they fear Musk could try to shutter more programs and agencies if the government shuts down. 

At this stage, it is hard to see how the fight does not bleed into Friday, if not Friday night before the deadline. 

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Overview Rua Gold (CSE:RUA,OTC:NZAUF,WKN:A4010V,OTCQB:NZAUF) is a gold exploration company focused on two prolific, historic gold-producing regions in New Zealand: Hauraki Goldfield and Reefton Goldfield....

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Stock

    Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for...

    Editor's Pick

    Former independent presidential candidate Robert F. Kennedy Jr. is back in the headlines — not for suspending his campaign last week and endorsing Republican...

    Disclaimer: wisetradeinvesting.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.