{"id":83704,"date":"2023-11-12T16:53:17","date_gmt":"2023-11-12T21:53:17","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/lawmakers-have-just-days-to-avert-federal-shutdown\/"},"modified":"2023-11-12T16:53:18","modified_gmt":"2023-11-12T21:53:18","slug":"lawmakers-have-just-days-to-avert-federal-shutdown","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=83704","title":{"rendered":"Lawmakers Have Just Days to Avert Federal Shutdown"},"content":{"rendered":"
\n

Lawmakers return to Capitol Hill on Monday with just days left to pass a stopgap funding measure that will keep the government from shutting down on Friday.<\/p>\n

The House proposal, unveiled by Speaker Mike Johnson on Saturday, comes in two steps. The first has some funding expiring on Jan. 19, while the second runs to Feb. 2, with the goal of avoiding a last-minute massive omnibus spending bill rather than separate appropriations bills.<\/p>\n

\n

Sen. Chris Murphy (D., Conn.) told NBC\u2019s Meet the Press<\/em> that the priority is to keep the government open past the Nov. 17 deadline, and added that the Speaker\u2019s proposal looks \u201cgimmicky.\u201d<\/p>\n

Johnson\u2019s stopgap proposal doesn\u2019t include budget cuts or aid for Israel or other allies. House members could vote on it as soon as Tuesday. <\/p>\n

On the Senate side, the chamber is proceeding with a clean continuing resolution. \u201cI don\u2019t like this laddered CR approach,\u201d Murphy said of the House proposal. \u201cIt looks gimmicky to me. But I\u2019m open to what the House is talking about.\u201d<\/p>\n

White House press secretary Karine Jean-Pierre called the proposal \u201cunserious\u201d and \u201ca recipe for more Republican chaos and more shutdowns.\u201d<\/p>\n

Murphy said Congress must pass foreign aid before the end of the year, as Ukraine runs out of ammunition and Israel needs support. \u201cThere are moments when you can\u2019t fail,\u201d he told NBC.<\/p>\n

On
\n CBS
\n \u2019 Face the Nation<\/em>, Rep. Michael McCaul (R., Texas) said lawmakers have to approve aid to Israel, calling the situation urgent and dire. \u201cWe can\u2019t sit back and do nothing.\u201d McCaul, the chairman of the House Foreign Affairs Committee, was in Tel Aviv Sunday after meeting with Prime Minister Benjamin Netanyahu.<\/p>\n

McFaul said funding for Ukraine, Taiwan, and security at the southern U.S. border are also priorities. \u201cNow whether we handle it all together, or separately\u2026all that has yet to be figured out.\u201d\u00a0<\/p>\n

Many of the Sunday talk shows focused on the continuing conflict in the Middle East amid calls for Israel to pause its bombardment of Gaza to allow for the evacuation of more civilians.<\/p>\n

Negotiations over the return of hostages are also ongoing. National security adviser Jake Sullivan confirmed to ABC\u2019s This Week<\/em> that there are discussions involving the Israelis and the Qataris to free the 239 hostages\u2014according to Israel\u2014being held by Hamas. <\/p>\n

\u201cWe, the United States, are actively engaged in this as well, because we want to make sure that we bring home those Americans who have been taken hostage, as well as all of the other hostages,\u201d Sullivan said. <\/p>\n

There are nine missing American citizens, as well as a missing legal permanent resident, Sullivan said.<\/p>\n

Write to Janet H. Cho at janet.cho@dowjones.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lawmakers return to Capitol Hill on Monday with just days left to pass a stopgap funding measure that will keep the government from shutting down on Friday. The House proposal, unveiled by Speaker Mike Johnson on Saturday, comes in two steps. The first has some funding expiring on Jan. 19, while the second runs to […]<\/p>\n","protected":false},"author":1,"featured_media":78290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-83704","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nLawmakers Have Just Days to Avert Federal Shutdown | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Lawmakers return to Capitol Hill on Monday with just days left to pass a stopgap funding measure that will keep the government from shutting down on\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=83704\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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