The post Another U.S. Government Shutdown looms JAN 31? With No Deal appeared on BitcoinEthereumNews.com. A U.S. government shutdown moved closer after CongressThe post Another U.S. Government Shutdown looms JAN 31? With No Deal appeared on BitcoinEthereumNews.com. A U.S. government shutdown moved closer after Congress

Another U.S. Government Shutdown looms JAN 31? With No Deal

A U.S. government shutdown moved closer after Congress left Washington for the Christmas recess without passing a budget deal  or agreeing on a voting framework. With the January 31 deadline approaching, the lack of progress has increased uncertainty around federal operations.

Funding Talks Stall, U.S. Government Shutdown Risk Persists

According to a report, Senate leaders gave up on trying to advance a spending package before the end of lawmakers’ departure. Negotiations had continued for weeks. They failed to persuade objectors inside the committees or get enough votes to succeed.

Negotiations over funding jammed in both chambers. Republicans and Democrats have not entered into detailed negotiations on the nine remaining spending bills. That gap raises the risk of a temporary extension or a U.S. government shutdown.

Top House and Senate appropriators recently reached an agreement on total spending caps. The agreement established high-level totals for the remaining bills. It failed to settle disagreements about how the funds should be allocated.

Democrats have voiced frustration with the pace of progress.  They contend past months were used drafting partisan bills. Democratic appropriators say they are prepared to proceed under the spending caps both sides have agreed to.

Republican divisions continue to complicate the path forward. Fiscal conservatives are pressing for flat funding across agencies. Several lawmakers say they will oppose any bill that exceeds current spending levels.

Funding Deadlock Deepens as Deadline Nears

That puts pressure on party leadership. Rep. Mike Johnson, the speaker of the House, has said he hopes to have it pass all funding bills by January 30.

The warnings about another shutdown have become more explicit from a number of Democrats and Republicans. Some lawmakers said Congress will likely turn to another short-term funding patch. Others declared that if the deadline passed it would cause a U.S. government shutdown with little time to react.

The Senate faces separate obstacles. Conservative senators have refused to allow funding packages to move forward due to their opposition of earmarks. Democrats also blocked late-stage movement over a disagreement linked to a federal climate research center.

Senate leaders, including Chuck Schumer and John Thune, said that even with the friction they planned to make their way through the appropriations process ahead of deadline. Staff have been instructed to continue working during the recess. Informal negotiations may take place before lawmakers return.

Time remains the central constraint. When Congress returns Jan. 5, each chamber will have only about three working weeks until the deadline. The House will be out of session for one of the three weeks before the January 31 deadline, further limiting the time available to pass funding bills.

Previous shutdowns have upended economic data and the operations of agencies. Another delay would only create further strain in an already weak macro environment. The coming weeks will determine whether Congress avoids or enters another government shutdown.

Source: https://coingape.com/another-u-s-government-shutdown-looms-jan-31-with-no-deal/

Market Opportunity
Union Logo
Union Price(U)
$0.002932
$0.002932$0.002932
+2.33%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Putin Claims U.S. Wants to Use Europe’s Largest Nuclear Plant for Bitcoin Mining

Putin Claims U.S. Wants to Use Europe’s Largest Nuclear Plant for Bitcoin Mining

Russian President Vladimir Putin has claimed that the United States proposed using Europe’s largest nuclear power plant to mine Bitcoin and other cryptocurrencies as part of ongoing peace negotiations, according to a report by Kommersant, one of Russia’s leading business newspapers.
Share
MEXC NEWS2025/12/27 23:13
Analysts See XRP Trading Sideways in 2026 as Market Awaits New Catalysts

Analysts See XRP Trading Sideways in 2026 as Market Awaits New Catalysts

Market analysts expect XRP to trade largely sideways through 2026, with price action characterized by range‑bound consolidation unless new, material bullish catalysts emerge.
Share
MEXC NEWS2025/12/27 23:11