Home » today » News » US Budget Crisis Looms: Deadline Approaching for Agreement on Federal Funding

US Budget Crisis Looms: Deadline Approaching for Agreement on Federal Funding

American parliamentarians have until September 30 at midnight to reach an agreement, otherwise all funding for federal services will be suddenly cut (archives). KEYSTONE/AP/J. SCOTT APPLEWHITE sda-ats

This content was published on September 20, 2023 – 00:51 September 20, 2023 – 00:51

(Keystone-ATS)

The United States is once again facing the danger of a political-financial impasse. Failing to agree on a new budget, Congress risks causing a paralysis of the federal state in less than two weeks.

Several competing budget bills are currently being debated in Washington, with none of them having enough votes to pass the Senate, with a Democratic majority, and the House of Representatives, in the hands of Republicans. .

Parliamentarians have until midnight on September 30 to reach an agreement, otherwise all funding for federal services will be suddenly cut. Ministries but also national parks, certain museums and a multitude of organizations would be affected, forcing hundreds of thousands of employees into technical unemployment.

Despite the strong partisan divisions, most elected officials from both camps do not want this situation which is extremely unpopular. But several Trumpist elected officials are determined to play spoilsport, opposing for the moment each bill under debate.

Aid to Ukraine uncertain

This budgetary crisis could have direct repercussions on the war in Ukraine: the White House has demanded that the finance law passed by elected officials include $24 billion in military and humanitarian aid for kyiv. The package is supported by Democrats and Republicans in the Senate, but Trumpist elected officials in the House are radically opposed to it.

“I will not vote to give a single cent for the war in Ukraine,” declared elected official Marjorie Taylor Greene, very close to former President Donald Trump, on the social network X (formerly Twitter) on Tuesday.

This is the second time in a few months that the world’s largest economy has found itself facing this danger of financial impasse. The United States already avoided a payment default in June following long negotiations between the government of President Joe Biden and the conservatives.

A payment default would have been unprecedented, while the United States has already experienced several more or less prolonged periods of “shutdown”, of budgetary paralysis.

2023-09-19 21:59:45


#United #States #threat #budgetary #paralysis

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.