Johnson rolls out plan B to avert government shutdown

House Republican leaders announced a plan Sunday to keep the government funded for three months after an initial attempt by House Speaker Mike Johnson (R-Louisiana) to avert a government shutdown failed due to GOP opposition. Continuing Resolution (CR)As a result of bipartisan negotiations in the House and Senate, a bill was passed to keep the […]

Fed slashes interest rates by half a percentage point in bid to avert slowdown

The Federal Reserve cut its key lending rate by half a percentage point, at the top end of Wall Street expectations, saying a shaky job market poses a bigger risk to the economy than inflation. But Fed Chairman Jerome Powell said economic observers should not assume the half-point cut represents “a new pace of further […]

House GOP plan to avert government shutdown on life support as Johnson delays vote

House Speaker Mike Johnson, R-Louisiana, was forced to postpone a House vote on a plan to avert a partial government shutdown on Wednesday after the bill was put on life support by defections from Republican lawmakers within days of being introduced. “There will be no vote today,” Johnson told reporters on the bill, known as […]

GOP opposition appears to doom Speaker Johnson's initial plan to avert shutdown

House Speaker Mike Johnson (R-Louisiana)'s first attempt to avert a government shutdown appears doomed to fail in the House floor this week due to widespread and growing Republican opposition, dashing his hopes that his proposal would stifle Democrats in both chambers. At least six Republicans have announced they will vote against Johnson's plan, which combines […]

Mike Johnson faces conservative mutiny over Trump-backed plan to avert government shutdown

A plan by House Republican leaders to avert a partial government shutdown scheduled for later this month could be derailed by growing opposition from fiscal hawks within the party. House Speaker Mike Johnson, R-Louisiana, introduced legislation last weekend to extend current fiscal year government funding levels through March through a continuing resolution to give congressional […]

White House rebukes Republicans over partisan plan to avert shutdown

As both sides remain adamant in a pre-election financing showdown, the White House on Monday strongly criticized a partisan proposal recently released by Republican leaders to avert a government shutdown scheduled for later this month. The White House argued that the budget proposal released Friday falls short of providing “necessary resources” for defense programs and […]

House GOP unveils stopgap plan to avert government shutdown

House Republicans on Friday unveiled a long-awaited plan to avert a government shutdown that is sure to anger Democrats and is already drawing skepticism from some Republicans. of 46-page plan The bill would keep the government funded through March 2025 while adding language tightening citizenship requirements to vote, setting the stage for a budget showdown […]

Summer Box Office Down 11% — Non-Woke Movies Avert Catastrophe

The summer show season is over Depressed That's an 11 percent increase over the summer of 2023, and let's not forget that summer 2023 wasn't a particularly strong box office success. The 2024 summer season (the first weekend in May through Labor Day) is projected to have a domestic box office gross of $3.6 billion, […]

Four things that could complicate Congress's efforts to avert shutdown 

Congress is facing a deadline this month to prevent a government shutdown, but lawmakers on both sides of the aisle have made clear some kind of stopgap measure is needed to keep the government running. Lawmakers have until Sept. 30 to pass a bill to keep the budget from expiring. The November elections may make […]