• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Forget the Expensive ‘Memory Improvement’ Pills: Here’s What Can Really Help

September 25, 2025

How to Collect Social Security While Working (and Jobs to Consider)

September 25, 2025

Navigate The Kiddie Tax To Maximize The Family’s After-Tax Income

September 24, 2025
Facebook Twitter Instagram
Trending
  • Forget the Expensive ‘Memory Improvement’ Pills: Here’s What Can Really Help
  • How to Collect Social Security While Working (and Jobs to Consider)
  • Navigate The Kiddie Tax To Maximize The Family’s After-Tax Income
  • 3 Diets That May Ward Off Dementia and Heart Disease — and 1 That Hastens Them
  • 21 Thrift Store Gems You Can Cash in On
  • Principles For A Successful Financial Year
  • 10 Things You Can Get for Free at Pharmacies
  • Nearly Half of Workers Admit to Revenge Quitting. Here’s Why.
Thursday, September 25
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Congress Faces Shutdown Date With No Deal in Sight
Investing

Congress Faces Shutdown Date With No Deal in Sight

News RoomBy News RoomSeptember 25, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Congress has six days to reach a deal to fund federal government before a possible Oct. 1 shutdown, but guests on the Sunday morning talk shows said no deal appeared to be in sight.

Transportation Secretary Pete Buttigieg said House Republicans need to “come to their senses” about the looming deadline.

“This is something that can and should be prevented,” he told CNN’s State of the Union. “House Republicans need to come to their senses and keep the government running.”

Democrats are pointing to a deal President Joe Biden cut with House Speaker Kevin McCarthy (R., Calif.) earlier this year on spending levels that Republicans appear to be backing away from now.

Buttigieg told NBC the administration’s focus is getting the House Republicans to live up to that deal. “The Senate is ready to go; the administration is ready to go,” he said. Asked if a shutdown was inevitable, Buttigieg said “It can’t be. We can’t let it be. This is no way to run the government.”

House Republicans tried to pass a temporary funding extension last week but failed. But while many GOP lawmakers say they want to avoid a shutdown, a small group of them has blocked any temporary measure from going through. This week, the House will try to pass some separate spending items, while the Senate is expected to craft its own short-term spending bill.

Rep. Tim Burchett (R., Tenn.) is one of those opposed to a continuing resolution, telling CNN it’s “just completely throwing away our duties” on the Hill to approve a government budget.

“We’re sticking to our guns,” Burchett said, “and all of a sudden, we’re the bad guys because we want to balance our budget.”

A shutdown could mean furloughs for some federal employees, the delay of key economic data such as the September jobs report, and the closure of some institutions such as the Smithsonian museums in Washington, D.C., which had to close during the last shutdown in 2018-19.

Rep. Tony Gonzales (R., Texas) said he doesn’t want to see a shutdown but he disagrees that a continuing resolution is the right way to handle the impasse. “Continuing resolutions don’t solve the problem,” he said. “If you give Congress more time, they’re just going to take that time. Time does not equal solutions.”

Rep. Jim Clyburn (D., S.C.) told NBC’s Meet the Press he hoped the House wouldn’t get to a point where a shutdown happens, saying it is “not a foregone conclusion.”

But Clyburn also called out McCarthy on backing away from the deal with the administration. “All of a sudden, McCarthy seemed to be backing away from the deal because five or six people on his side of the aisle seemed to be calling the shots,” he told NBC. “The tail wagging the dog is not the way you do this.”

Write to Liz Moyer at [email protected]

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Even Time-Strapped Business Owners Can Share an Engaging Reading Experience with Their Kids

Investing September 20, 2025

Turnover Is Costing You More Than You Think — Here’s the Fix

Investing September 19, 2025

How Pana Food Truck Started Selling Arepas

Investing September 18, 2025

Amazon CEO Andy Jassy Is Fighting Against Bureaucracy

Investing September 17, 2025

Here Are the Top 50 Mistakes I’ve Seen Kill New Companies

Investing September 16, 2025

Google Parent Alphabet Reaches $3T Market Cap

Investing September 15, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

How to Collect Social Security While Working (and Jobs to Consider)

September 25, 20251 Views

Navigate The Kiddie Tax To Maximize The Family’s After-Tax Income

September 24, 20250 Views

3 Diets That May Ward Off Dementia and Heart Disease — and 1 That Hastens Them

September 24, 20251 Views

21 Thrift Store Gems You Can Cash in On

September 24, 20250 Views
Don't Miss

Principles For A Successful Financial Year

By News RoomSeptember 23, 2025

It’s the High Holiday season for Jews around the world, a time of prayer, repentance,…

10 Things You Can Get for Free at Pharmacies

September 23, 2025

Nearly Half of Workers Admit to Revenge Quitting. Here’s Why.

September 23, 2025

Build-A-Bear Workshop Outpaces Nvidia, Microsoft, Oracle

September 23, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.