The House is trying to avert a potential shutdown.
Friday:
"U.S. House Speaker Mike Johnson has spent
days in talks with members of his slim 221-212 Republican majority about several CR options. The Republican-controlled House and Democratic-led Senate must agree on a vehicle that President Joe Biden can sign into law before current funding expires on Nov. 17"
"Moody's cited political polarization in Congress as a factor in making its decision to lower the credit outlook, saying Washington may not be able to reach agreement to make its growing deficits more affordable"
Today:
WASHINGTON (Reuters) - Fledgling U.S. House of Representatives Speaker Mike Johnson faces his first big legislative battle this week as his tries to marshal his fractious Republican majority into supporting an unconventional plan to avert a partial government shutdown beginning on Saturday.
Some House Republican hardliners were already pushing back at Johnson's proposal for a two-step stopgap bill that would not otherwise cut spending, a "clean" bill of the kind that led to the historic ouster of Johnson's predecessor,
Kevin McCarthy.
U.S. House of Representatives Republicans aim to release a stopgap measure to avert a partial government shutdown on Saturday, the morning after the Moody's credit agency lowered its outlook on the government's credit ratings to "negative."
www.reuters.com