• Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Money Profit News
No Result
View All Result
Home Breaking News

House strikes deal to avoid a government shutdown one day before deadline

by
December 2, 2021
in Breaking News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related Posts

Rep. Liz Cheney calls for top Trump White House lawyer to testify on his Jan. 6 concerns

Jim Chanos debuts new short bets against data centers, sending shares down

Goldman picks stocks poised to benefit from the multitrillion dollar ESG opportunity ahead

Snap announces Snapchat+ subscription plan that costs $3.99 a month

The House reached a deal Thursday on a short-term government funding bill that would prevent a shutdown before a Friday deadline.

The measure would fund the government at current levels through Feb. 18, House Appropriations Committee Chair Rosa DeLauro, D-Conn., said in a statement. The House could vote on the legislation Thursday.

Both chambers of Congress need to pass a spending bill by Friday to prevent a lapse in funding. An extended shutdown can lead to furloughs of federal workers and the suspension of certain government services.

If the House approves the bill Thursday, the Senate could still pose problems as lawmakers rush to avoid a crisis. Any senator has the ability to stop the bill’s quick passage.

A man walks past the U.S. Capitol building as a government shutdown looms in Washington, September 30, 2021.

Leah Millis | Reuters

A handful of Republicans led by Sen. Mike Lee of Utah have pushed to include language in the bill that would bar a Biden administration vaccine mandate on private employers. The effort could delay approval of the funding bill and cause at least a temporary shutdown.

It is unclear whether Senate leaders can reach an agreement that would allow for a quick vote on the spending bill. The Republicans who could block government funding have pushed for a vote on an amendment to block the vaccine mandate.

“All we want is a vote,” Sen. Tom Cotton, R-Ark., told CNBC on Thursday morning. He said he wants senators to “put their cards on the table” about whether they back the mandate.

The crusade may have little practical effect. A federal appeals court has already blocked the mandate on employers from going into effect temporarily.

In addition, if lawmakers can resolve a potential shutdown this weekend before federal employees go back to work Monday, it would cause only minimal disruption.

This story is developing. Please check back for updates.

Subscribe to CNBC on YouTube.

Next Post

Apple shares slip on report of weak iPhone demand heading into holidays

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Breaking News

Rep. Liz Cheney calls for top Trump White House lawyer to testify on his Jan. 6 concerns

by
June 29, 2022
0

White House Counsel Pat Cipollone (R) waits for the beginning of a cabinet meeting in the East Room of the...

Read more

Rep. Liz Cheney calls for top Trump White House lawyer to testify on his Jan. 6 concerns

Jim Chanos debuts new short bets against data centers, sending shares down

Turkey ‘got what it wanted’: NATO deal with Sweden and Finland brings home wins for Erdogan

Snap announces Snapchat+ subscription plan that costs $3.99 a month

Goldman picks stocks poised to benefit from the multitrillion dollar ESG opportunity ahead

Ford’s Talk of New EV-Selling Rules Rattles Some Dealers

Load More

All rights reserved by www.moneyprofitnews.com

  • Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

moneyprofitnews