US lawmakers reject Republican bill to avert government shutdown

CNA12-20

WASHINGTON: The US House of Representatives on Thursday (Dec 19) overwhelmingly rejected a Republican-led funding Bill aimed at averting a government shutdown, with federal agencies due to run out of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492453376?lang=en_US&edition=fundamental","thumbnail":"https://dam.mediacorp.sg/image/upload/s--mCsUpKBy--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_one-cms:core:watermark:ap_data-1,w_0.1/f_auto,q_auto/v1/one-cms/core/congress_budget_22334.jpg?itok=rByVFH4T","is_english":true,"pubTime":"2024-12-20 04:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492453376","market":"us","top_or_hot":-1,"title":"US lawmakers reject Republican bill to avert government shutdown","media":"CNA","content":"<div>\n<p>WASHINGTON: The US House of Representatives on Thursday (Dec 19) overwhelmingly rejected a Republican-led funding Bill aimed at averting a government shutdown, with federal agencies due to run out of ...</p>\n\n<a href=\"https://www.channelnewsasia.com/world/us-lawmakers-reject-republican-bill-avert-government-shutdown-4817531\">Source Link</a>\n\n</div>\n","source":"can_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US lawmakers reject Republican bill to avert government shutdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS lawmakers reject Republican bill to avert government shutdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 04:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/world/us-lawmakers-reject-republican-bill-avert-government-shutdown-4817531><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON: The US House of Representatives on Thursday (Dec 19) overwhelmingly rejected a Republican-led funding Bill aimed at averting a government shutdown, with federal agencies due to run out of ...</p>\n\n<a href=\"https://www.channelnewsasia.com/world/us-lawmakers-reject-republican-bill-avert-government-shutdown-4817531\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CR","symbol_name":"crane","start_time":0,"source_url":"https://www.channelnewsasia.com/world/us-lawmakers-reject-republican-bill-avert-government-shutdown-4817531","article_id":"2492453376","we_media_id":null,"thumbnails":["https://dam.mediacorp.sg/image/upload/s--mCsUpKBy--/c_fill,g_auto,h_468,w_830/fl_relative,g_south_east,l_one-cms:core:watermark:ap_data-1,w_0.1/f_auto,q_auto/v1/one-cms/core/congress_budget_22334.jpg?itok=rByVFH4T"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492453376","pubTimestamp":1734638700,"columns":[],"sourceInfo":{"source_id":"can_highlight","name":"CNA"},"weMediaInfo":null,"summary":"WASHINGTON:The US House of Representatives on Thursday  overwhelmingly rejected a Republican-led funding Bill aimed at averting a government shutdown, with federal agencies due to run out of cash on Friday night and cease operations starting this weekend.The contentious legislation would have suspended the country's borrowing limit for President-elect Donald Trump's first two years in office and dozens of debt hawks in the Republican ranks rebelled against their own leadership to sink the package.It was a defeat for the Republican leader, who with tech billionaire Elon Musk - his incoming \"efficiency czar\" - had thrown his weight behind the plan.The retooled version was considered under a fast-track method that required two-thirds support but Democrats had been clear that they would deny Republicans the votes they needed to make up for the rebels in their ranks and it failed to win even a straightforward majority.Republican House Speaker Mike Johnson has been facing criticism from all ","collect":0,"end_time":0,"defaultTopTitle":"channelnewsasia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CR":"crane","BK4161":"工业机械"},"translate_title":"美国议员拒绝共和党避免政府关门的法案","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CR":1},"content_text":"WASHINGTON: The US House of Representatives on Thursday (Dec 19) overwhelmingly rejected a Republican-led funding Bill aimed at averting a government shutdown, with federal agencies due to run out of cash on Friday night and cease operations starting this weekend.\nThe contentious legislation would have suspended the country's borrowing limit for President-elect Donald Trump's first two years in office and dozens of debt hawks in the Republican ranks rebelled against their own leadership to sink the package.\nIt was a defeat for the Republican leader, who with tech billionaire Elon Musk - his incoming \"efficiency czar\" - had thrown his weight behind the plan.\nIt was supposed to fix a mammoth bipartisan package that both men had sabotaged on Wednesday amid conservatives' complaints about extras in the package ballooning its overall cost.\nThe retooled version was considered under a fast-track method that required two-thirds support but Democrats had been clear that they would deny Republicans the votes they needed to make up for the rebels in their ranks and it failed to win even a straightforward majority.\n\"The ... proposal is not serious, it's laughable. Extreme MAGA Republicans are driving us to a government shutdown,\" Democratic Minority Leader Hakeem Jeffries said ahead of the vote. The White House described it as a \"giveaway for billionaires.\"\n\n\n\n\nRepublicans will likely try again with a more pared-down version, although the party leadership offered no clear path forward, telling reporters they would have to meet to discuss a Plan C.\nA shutdown now looks almost certain - meaning the closure of all manner of federal agencies and potentially sending almost a million workers home without pay over Christmas.\nFunding the government is always fraught and lawmakers are under pressure this time around because they failed to agree on full-year budgets for 2025 despite months of negotiations.\nParty leaders had landed on a stopgap Bill - known as a \"continuing resolution\" (CR) - to keep operations functioning through mid-March.\nMajor Trump donor and ally Musk spent much of Wednesday bombarding his 208 million followers on X with posts trashing the deal, and amplifying complaints from debt hawks in the House who baulked at numerous expensive add-ons shoehorned into the package.\nTwelve hours later, Trump, who appeared to be playing catch-up, began threatening the reelection prospects of Republicans thinking of supporting the package and demanding out of the blue that the Bill increase or even scrap the country's debt limit.\n\n\n\n\nSPEAKER UNDER FIRE\nGovernment functions are due to begin winding up at midnight going into Saturday, with an estimated 875,000 workers at risk of being furloughed without pay and essential staff working during the holidays without a paycheck.\nRepublican House Speaker Mike Johnson has been facing criticism from all sides for his handling of the negotiations and his gavel looks likely to be under threat when he stands for reelection in January.\nThe Louisiana congressman appeared to have misjudged his own members' tolerance for the original CR's spiraling costs, and for allowing himself to have been blindsided by Musk and Trump.\n\n\n\n\n\n\n\n\n\n\n\n\nDemocrats, who control the Senate, have little political incentive to help Republicans and Jeffries has insisted they will only vote for the bipartisan package, meaning Trump's party will have to go it alone on any further efforts.\nThis is something the fractious, divided party - which can afford to lose only a handful of members in any House vote - has not managed in any major Bill in this Congress.\nWhile voicing frustration over spending levels, Trump's main objection to the original CR was that Congress was leaving him to handle a debt-limit increase - invariably a contentious, time-consuming fight - rather than including it in the text.\nPresident Joe Biden's spokeswoman Karine Jean-Pierre said the veteran Democrat \"supports the bipartisan agreement to keep the government open ... not this giveaway for billionaires that Republicans are proposing at the 11th hour\".","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492453376"}