Congress clears bill to avert shutdown, with vote promised later on Ukraine aid
WASHINGTON — Congress approved a bill Saturday night that would stave off a government shutdown until at least mid-November, though the measure doesn’t include Ukraine aid backed by both Republicans and Democrats. The bipartisan 88-9 vote in the U.S. Senate, just hours before a midnight deadline, took place after the U.S. House earlier in […]
Government shutdown nears: U.S. House GOP fails to pass one-month spending plan
WASHINGTON — A sweeping government shutdown appeared inevitable on Friday, with the U.S. Senate stuck in a procedural holding pattern on its bipartisan stopgap bill and divided U.S. House Republicans unable to pass their short-term spending bill. Both chambers of Congress must approve and President Joe Biden must sign government funding legislation before midnight on […]
A default on the U.S. debt would be far worse than a government shutdown. Here’s how.
WASHINGTON — A U.S. default on its debt would have a significantly broader impact on federal operations, financial markets and the global economy than recent government shutdowns that have left ordinary Americans largely untouched. While the two have been confused frequently during debate over the debt limit, the federal government has had considerable practice with […]