Back

US could face another government shutdown risk over spending bills - Axios

According to reporting by Axios, the US federal government could be pushed into another government shutdown scenario over spending bills.

The self-titled "Freedom Caucus", a collection of far-right adherents within the US legislature, is pushing for a sweeping set of year-long spending restrictions that could trigger a shutdown within the US government.

Key quotes

The House Freedom Caucus is officially pushing a one-year spending stopgap that could trigger a government shutdown if embraced by Speaker Mike Johnson.

In a new letter to Johnson on Wednesday, Freedom Caucus members say they prefer the spending stopgap if they can't get their way on using the budget process to push other policy priorities.

 1% across-the-board cuts will start if there's not a new budget by April 30.

EUR/JPY Price Analysis: Gains momentum after Fed minutes release, traders eye 163.00

The Euro extended its gains for the second straight day against the Japanese Yen and is up by 0.22% as the EUR/JPY trades at 162.47 late during the North American session.
আরও পড়ুন Previous

United States API Weekly Crude Oil Stock above expectations (4.298M) in February 16: Actual (7.168M)

United States API Weekly Crude Oil Stock above expectations (4.298M) in February 16: Actual (7.168M)
আরও পড়ুন Next