Kalshi, an event-forecasting site, gives a 1 in 3 chance of a government shutdown occurring on November 17th, 2023. At the time of writing, Congress is working towards its Nov 17 appropriations deadline to avoid a shutdown. The White House Office of Management and Budget has started communicating with lawmakers regarding a stopgap measure needed to fund the US government. House lawmakers are also working on a continuing resolution (CR) bill, which would leave funds for different agencies at current levels. However, there is still a risk of a shutdown occurring as Congress and the White House have not reached an agreement yet. According to Joe Brusuelas, chief economist at RSM consulting firm, if a shutdown were to happen, it could cost the US economy $6 billion per week and shave 0.1% off of GDP. Additionally, each week of a government shutdown would result in a loss of $6 billion for the US economy. House Speaker Mike Johnson has proposed a plan to fund the federal government through December 15th, which could potentially avoid a shutdown. However, this proposal is complex and requires approval from both Congress and the White House. The chance of a November government shutdown currently stands at around 30%, according to event trading. In summary, while there is still a risk of a government shutdown occurring on November 17th, efforts are being made by lawmakers and the White House to avoid one. If a shutdown were to happen, it could have significant economic consequences for the US.
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Will see a government shutdown without a full budget or continuing resolution by November 17. November 13 2023 1124 AM Of a government shutdown ahead of the Thanksgiving holiday would be the eventual closure of federally run. Updated November 11 2023 at 530 pm EST Published November 11 2023 at 349 pm House Speaker Mike Johnson R-La speaks as members. Analysis by Stephen Collinson CNN 7 minute read Published 1200 AM EST Mon November 13 2023 Link Copied. Speaker Mike Johnson on Saturday pitched House Republicans on a convoluted plan to avert a government shutdown at the end of..
Will see a government shutdown without a full budget or continuing resolution by November 17. CNN New House Speaker Mike Johnson may already be losing his first big clash with the hard-right lawmakers who are making the. WASHINGTON Nov 6 Reuters - As the US Congress eyes another looming partial government shutdown deadline in less than two. November 13 2023 236 PM EST CBS News Washington House Speaker Mike Johnsons plan to keep the. Congress appeared deadlocked Tuesday on a path to avert a federal shutdown in less than two weeks as House Speaker Mike Johnson R..
Shutdown Looms As Us Senate House Advance Separate Spending Plans Reuters
Will see a government shutdown without a full budget or continuing resolution by November 17. November 13 2023 1124 AM Of a government shutdown ahead of the Thanksgiving holiday would be the eventual closure of federally run. Updated November 11 2023 at 530 pm EST Published November 11 2023 at 349 pm House Speaker Mike Johnson R-La speaks as members. Analysis by Stephen Collinson CNN 7 minute read Published 1200 AM EST Mon November 13 2023 Link Copied. Speaker Mike Johnson on Saturday pitched House Republicans on a convoluted plan to avert a government shutdown at the end of..
Kalshi, an event-forecasting site, gives a 1 in 3 chance of a government shutdown occurring on November 17th, 2023. At the time of writing, Congress is working towards its Nov 17 appropriations deadline to avoid a shutdown. The White House Office of Management and Budget has started communicating with lawmakers regarding a stopgap measure needed to fund the US government. House lawmakers are also working on a continuing resolution (CR) bill, which would leave funds for different agencies at current levels. However, there is still a risk of a shutdown occurring as Congress and the White House have not reached an agreement yet. According to Joe Brusuelas, chief economist at RSM consulting firm, if a shutdown were to happen, it could cost the US economy $6 billion per week and shave 0.1% off of GDP. Additionally, each week of a government shutdown would result in a loss of $6 billion for the US economy. House Speaker Mike Johnson has proposed a plan to fund the federal government through December 15th, which could potentially avoid a shutdown. However, this proposal is complex and requires approval from both Congress and the White House. The chance of a November government shutdown currently stands at around 30%, according to event trading. In summary, while there is still a risk of a government shutdown occurring on November 17th, efforts are being made by lawmakers and the White House to avoid one. If a shutdown were to happen, it could have significant economic consequences for the US.
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