Government Shutdown

Congress Averts Shutdown, Passes a Five Month $1.1 Trillion Spending Package

By Eric Pianin

GOP and Democratic negotiators struck a final deal over the weekend for a roughly $1.1 trillion spending package to carry the government through the remainder of the fiscal year – a plan that...
Renewed Fight Over Obamacare Could Prompt Government Shutdown

By Eric Pianin

The bitter partisan warfare over health care reform intensified on Thursday when congressional Democrats threatened to shut down the government this weekend if House Republicans try to move forward...
12 Reasons Another Government Shutdown Would Hurt the Country

By Eric Pianin

The last time the federal government was shut down nearly four years ago, hundreds of adults and children were temporarily denied access to National Institutes of Health (NIH) cancer clinical trials...
Can Trump’s Wall Really Pay for Itself Over 10 Years?

By Rob Garver

The original plan for President Trump’s border wall, repeated ad nauseam on the campaign trail, was that it would be paid for by Mexico. On Sunday, though, Attorney General Jeff Sessions floated a...
Trump Pushes Congress to the Wall to Avoid a Government Shutdown

By Rob Garver

The already-complicated effort to avert a government shutdown on April 29 is taking on another layer of complexity, with the White House demanding that any spending measure that funds the federal...

Why You Might Not Get Your Tax Refund on Time This Year

By Rob Garver

Every year, millions of Americans anxiously await the annual infusion of cash from the Internal Revenue Service when it pays back excess withholding from the previous year. However, according to the...
After Their Break, Congress Will Have 4 Days to Avoid a Shutdown

By Eric Pianin and Rob Garver

When members of the House of Representatives return to Washington from a nearly three-week break at the end of the month, they will have left themselves just four legislative days to come to some...
Trump Hands Democrats Another Reason to Shut Down the Government

By Rob Garver

With representatives of both major parties making optimistic noises about their ability to come together on a bill that would allow the government to remain open once the current temporary spending...
The Clock Is Ticking on a Government Shutdown: 5 Things You Need to Know

By Rob Garver

As Congress prepares to leave town for another break, the Senate has been focused on the effort to confirm (or deny) Neil Gorsuch as a justice of the Supreme Court. The GOP House is desperate to show...
Why Another Government Shutdown Is Suddenly in the Cards

By Rob Garver

The clock is already ticking on the Trump administration and House Speaker Paul Ryan’s next showdown with recalcitrant Republican lawmakers.

Senate Approves Measure to Keep Government Afloat

By Eric Pianin and Josh Boak

The Senate on Friday afternoon approved a measure to keep the government running at roughly the same spending levels through mid-November. The bill was then sent back to an uncertain future in the...
The Most Ludicrous Part of a Government Shutdown

By Yuval Rosenberg

Even as they demonstrate their continued dysfunction, the lawmakers are among those federal employees who are considered essential – and would keep getting paid through a government shutdown.
The Economic Impact of a Government Shutdown

By Josh Boak, The Fiscal Times

So a government shutdown is supposed to crush the economy. Every major player has sounded alarms about the downturn that happens without a spending measure in place by Monday night. It seems to be...
Season Two of the Debt Ceiling Show Is a Disaster

By Jacqueline Leo

If there weren’t so much at stake, I could write off this episodic soap opera over a government shutdown and defaulting on our debt as just plain entertainment. I had seen the show before, after all...
Last-Minute Budget Worries Hammer the Dollar

By RICHARD HUBBARD, Reuters

Concern over budget and debt negotiations in Washington sent the dollar close to a seven-month low and pressured world equities on Friday while European shares took a hit from worries over Italy...

Search form