US government hours from shutdown over funding chaos

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US government hours from shutdown over funding chaos
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  • 📰 The Straits Times
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This throws into doubt everything from access to national parks to Washington’s support for Ukraine. Read more at straitstimes.com.

– The US government on Saturday was hours from shutting down after the far right of the Republican Party scuppered final attempts at a temporary budget agreement, throwing into doubt everything from access to national parks to Washington’s massive support for Ukraine.

On Friday, House Republicans defeated a plan proposed by their own leader, Speaker Kevin McCarthy, to keep funds flowing,ahead of 2024 elections where hard-right former president Donald Trump hopes to return to the White House. “The conversation needs to happen between Speaker McCarthy and his caucus. That’s the fix, that’s the chaos that we’re seeing,” she said.

With student loan payments resuming in October, officials said on Friday that key activities at the Federal Student Aid office would continue for a couple of weeks.A shutdown “unnecessarily” places the world’s largest economy at risk, White House National Economic Council director Lael Brainard told CNBC.

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