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Can Congress Avert a Shutdown and Debt Ceiling Crisis?

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Can Congress Avoid Another Shutdown?

With the clock ticking down to the March 14 deadline, Congress faces yet another potential government shutdown. This time, the stakes are even higher, as the nation also faces a looming debt ceiling crisis.

The current impasse stems from the inability of Congress to agree on a "topline" spending number for the remainder of fiscal year 2025. While the House passed five of the 12 spending bills last year, the Senate has yet to take any action. This inaction has left many wondering what President Trump's priorities are for these bills.

Adding to the uncertainty is the Republican Party's focus on their "big, beautiful bill" to cut taxes and slash government spending. This focus has led some to worry that the appropriations clashes have been forgotten.

Meanwhile, Democrats are growing impatient with the GOP's lack of communication and unwillingness to negotiate. They are demanding concessions, such as re-upping Obamacare tax credits, in exchange for their support in avoiding a shutdown or debt ceiling crisis.

With the GOP holding a majority in both the House and Senate, the responsibility to fund the government and avoid a crisis falls squarely on their shoulders. However, their track record of achieving unanimity within their own party is slim, suggesting that they may need Democratic support to get the job done.

The coming weeks will be crucial as Congress races against the clock to find a solution. Failure to do so could have severe consequences for the nation's economy and its people.

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May 21, 2023 | 05:09