Government Shutdown

U.S. on the Verge of Government Shutdown as Partisan Divides Force Tough Spending Negotiations in Congress

U.S. on the Verge of Government Shutdown as Partisan Divides Force Tough Spending Negotiations in Congress

Multiple partisan divides in Congress could reach a head in December, culminating in what could potentially result in a government shutdown. The debate centers around myriad issues, but the main ones that are likely to prove the biggest sticking points involve the border wall, the Affordable Care Act (Obamacare) subsidies, disaster relief spending, and agency (more…)

Puerto Rico Government Shutdown by October 31? Trump Administration Backpedaling on Aid

Puerto Rico Running Out of Money by End of This Month Could there be a Puerto Rico government shutdown? Puerto Rico’s financial crisis has gravely worsened after Hurricane Maria. Its Secretary of Treasury is now warning that America’s commonwealth state is on the verge of a government shutdown. Treasury Secretary of Puerto Rico, Raul Maldonado, has revealed (more…)

S&P Warns of Dire Consequences of U.S. Default

Standard & Poors in NY

Report: Default and Government Shutdown Would Be Calamitous for U.S. Economy Standard & Poor’s warned that if the U.S. either defaults or shuts down the government, the consequences will be dire for the American economy, claiming that a default would result in a worse situation than the economic collapse and Great Recession of 2008.

Trump Ready to Shut Down Government to Build “The Wall”

border barrier concept

Trump Sticking to Promise to Build Mexican Border Wall President Donald Trump has just reiterated that he will be building “The Wall,” regardless of how far he has to go to fulfill that promise. Speaking at a campaign-style rally in Phoenix, Arizona this week, Trump said that, despite opposition from the Democratic Party, he will (more…)