Home Business A federal government shutdown could happen soon: What to expect

A federal government shutdown could happen soon: What to expect


The possibility of a government shutdown is looming large, after Republican leadership scrapped a procedural vote on a stopgap funding bill to keep the government running through October. Intraparty feuding between moderates and the hard-right lies at the heart of the GOP’s inability to reach a compromise and puts into focus the challenge before House Speaker Kevin McCarthy (R-Calif.).

Both factions largely agree that federal spending should be reduced. But at least a dozen hard-right lawmakers have stymied efforts to pass a 30-day funding bill, angry over what they say is a lack of information on top-line budget numbers and assurances that the Senate will adhere to their fiscal demands, The Washington Post reported.

The temporary stopgap bill proposed Sunday would have triggered a 1 percent cut to current fiscal levels but kept the government funded until Oct. 31. Even if the measure had made it out of the House, it was expected to be rejected in the Senate.

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