{"id":21878,"date":"2023-09-25T04:02:01","date_gmt":"2023-09-25T04:02:01","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/congress-faces-shutdown-date-with-no-deal-in-sight\/"},"modified":"2023-09-25T04:02:02","modified_gmt":"2023-09-25T04:02:02","slug":"congress-faces-shutdown-date-with-no-deal-in-sight","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=21878","title":{"rendered":"Congress Faces Shutdown Date With No Deal in Sight"},"content":{"rendered":"
\n

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.<\/p>\n

Transportation Secretary Pete Buttigieg said House Republicans need to \u201ccome to their senses\u201d about the looming deadline. <\/p>\n

\n

\u201cThis is something that can and should be prevented,\u201d he told CNN\u2019s State of the Union<\/em>. \u201cHouse Republicans need to come to their senses and keep the government running.\u201d <\/p>\n

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.<\/p>\n

Buttigieg told NBC the administration\u2019s focus is getting the House Republicans to live up to that deal. \u201cThe Senate is ready to go; the administration is ready to go,\u201d he said. Asked if a shutdown was inevitable, Buttigieg said \u201cIt can\u2019t be. We can\u2019t let it be. This is no way to run the government.\u201d<\/p>\n

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.<\/p>\n

Rep. Tim Burchett (R., Tenn.) is one of those opposed to a continuing resolution, telling CNN it\u2019s \u201cjust completely throwing away our duties\u201d on the Hill to approve a government budget. <\/p>\n

\u201cWe\u2019re sticking to our guns,\u201d Burchett said, \u201cand all of a sudden, we\u2019re the bad guys because we want to balance our budget.\u201d<\/p>\n

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.<\/p>\n

Rep. Tony Gonzales (R., Texas) said he doesn\u2019t want to see a shutdown but he disagrees that a continuing resolution is the right way to handle the impasse. \u201cContinuing resolutions don\u2019t solve the problem,\u201d he said. \u201cIf you give Congress more time, they\u2019re just going to take that time. Time does not equal solutions.\u201d<\/p>\n

Rep. Jim Clyburn (D., S.C.) told NBC\u2019s Meet the Press<\/em> he hoped the House wouldn\u2019t get to a point where a shutdown happens, saying it is \u201cnot a foregone conclusion.\u201d<\/p>\n

But Clyburn also called out McCarthy on backing away from the deal with the administration. \u201cAll 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,\u201d he told NBC. \u201cThe tail wagging the dog is not the way you do this.\u201d<\/p>\n

Write to Liz Moyer at liz.moyer@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

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

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 \u201ccome to their senses\u201d about the looming deadline. \u201cThis is something that<\/p>\n","protected":false},"author":1,"featured_media":21879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-21878","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"\nCongress Faces Shutdown Date With No Deal in Sight | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"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\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microloannexus.com\/?p=21878\" 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