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US House Republicans plan shutdown-averting measure amid credit warning

IndiaTimes Friday, 10 November 2023
US House Republicans are planning to release a stopgap measure to prevent a government shutdown after Moody's lowered its outlook on the government's credit ratings to "negative." The form and details of the measure are still uncertain. The House and Senate need to agree on a solution before funding expires on November 17. Moody's cited political polarization in Congress as a factor in its decision. Some Republicans are pushing for a "clean" measure, while others want spending cuts and conservative policies included. A prolonged partisan fight could hinder efforts to avoid a shutdown.
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Video Credit: Oneindia - Published
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