Economy
US government shutdown looks certain after hard-right Republicans reject plan
House Speaker Kevin McCarthy’s last-ditch plan to keep the federal government temporarily open has collapsed as hard-right holdouts rejected the package, making a shutdown almost certain.
McCarthy’s right-flank Republicans refused to support the Bill despite its steep spending cuts of nearly 30% to many agencies and severe border security provisions, calling it insufficient.
The White House and Democrats rejected the Republican approach as too extreme.
The Bill’s failure a day before Saturday’s deadline to fund ...