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Congress sent President Joe Biden a short-term spending bill on Thursday that would avert a looming partial government shutdown and fund federal agencies into March.
The US seems headed for a so-called 'soft economic landing' versus a recession projected by some economists as strong consumer spending helps the country lead world growth, US Treasury Secretary Janet Yellen said on Thursday.
A shutdown of federal government operations may have wide-ranging impacts on military operations, employee paycheques, and the U.S. and Canadian economies.
A shutdown of federal government operations may have wide-ranging impacts on military operations, employee paycheques, and the U.S. and Canadian economies.
The speaker is trying to convince his Republican conference that there will heavy political fallout from a shutdown as he plows toward a vote to pass a stopgap spending measure.