government shutdown

Senior Republicans are reportedly exploring the idea of including cuts made by Elon Musk’s Department of Government Efficiency (DOGE) in an upcoming government funding bill, dramatically increasing the potential for a government shutdown. This strategy, which is still under discussion, could...

Elon Musk's role in the political dynamics of President-elect Donald Trump's team took center stage during this week's government shutdown drama as the billionaire's often scathing criticism of a bipartisan spending bill unleashed a wave of chaos on Capitol Hill. Musk's social media posts, which by...

Wall Street is watching for developments in Washington, D.C. Friday after Thursday's failed attempt to avert a government shutdown. Some stocks remain wobbly as the day wears on and a midnight deadline approaches. What Happened: The House turned down a contingency plan proposed by Speaker Mike...

Billionaire Elon Musk wears many hats as the leader of companies like Tesla Inc (NASDAQ:TSLA), SpaceX, The Boring Company, Neuralink and X. Could the title of Speaker of the House get added on top of his Department of Government Efficiency role soon? What Happened: The influence Musk has on...

In a significant development, U.S. Congressional leaders have reached a consensus on a bipartisan deal to extend government funding, thereby averting the looming December 20 shutdown deadline. The legislation, revealed on Tuesday, extends the funding deadline to March 14, 2025. This move allows the...

House Speaker Mike Johnson (R-La.) has said that the House will not pass a substantial bill to fund the government in December. What Happened: Johnson made this revelation during a press conference on Tuesday, echoing a message he had previously shared privately in a House GOP conference meeting,...

Senate Majority Leader Chuck Schumer (D-N.Y.) has criticized former President Donald Trump for spending a month encouraging the House GOP to shut down the government. What Happened: On Monday, Schumer took to X to express his views on the ongoing negotiations for a stopgap funding deal. He...

House GOP leaders have put forth a three-month plan to keep the government funded, in the wake of Speaker Mike Johnson’s (R-La.) initial plan failing due to Republican opposition. What Happened: The continuing resolution (CR) was a product of bipartisan negotiations in the House and Senate....

Ahead of a looming government shutdown, the House of Representatives is set to vote on Wednesday on a Republican-backed bill aimed at keeping the government funded. What Happened: The House of Representatives will vote on Wednesday on a proposal by Speaker Mike Johnson (R-La.) to fund the...

Senate Majority Leader, Chuck Schumer (D-N.Y.), warned of potential blame for a government shutdown in a recent social media post. What Happened: On Monday, Schumer took to X to express his views on the ongoing negotiations for a stopgap funding deal. He cautioned that if a government shutdown...

In a crucial legislative step, the U.S. House of Representatives has successfully passed a comprehensive spending package, marking a significant effort to avert a potential government shutdown. What Happened: The House’s recent action to pass a substantial spending package has been a pivotal...

The U.S. Senate has approved a bill to prevent a partial government shutdown, with less than 36 hours remaining before funds would have started to deplete. The bill received backing from the House of Representatives and now awaits President Joe Biden‘s signature. What Happened: The bill,...

As the U.S. government again faces a partial shutdown, President Joe Biden is calling on Congress to approve $1.6 trillion in funding for federal agencies by Friday. Leaders from both the House and the Senate are being asked to finalize details of 12 funding bills to finance the operations of...

A federal government shutdown that was looming large has been averted at least for now, as the House passed late Thursday a continuing resolution, which is a temporary spending bill that allows federal government operations to continue when final appropriations have not been approved by Congress...

The White House on Friday alerted various federal agencies to brace themselves for a potential government shutdown. This precautionary move comes as House Republicans are deeply divided over a spending agreement in Congress. The Office of Management and Budget instructed the agencies to...