Loading IndicatorLoading Indicator

US Democrats Weigh Blocking Budget Bill Over Iran War, Raising Shutdown Risk

Source
JH Kim

Summary

  • A report said US Democrats are considering blocking a federal budget bill to pressure for a halt to the Iran war.
  • It said the possibility of a federal government shutdown is being raised if budget talks fail, a development that could add to uncertainty in financial markets.
  • The report said the US Department of Defense is seeking at least $350 billion in additional funding, a move expected to affect budget negotiations in Congress.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator

US Democrats are considering blocking passage of a federal spending bill to pressure the Trump administration to halt the war with Iran. With a December 11 deadline approaching to fund the government, the possibility of a federal shutdown is also coming into focus.

Walter Bloomberg reported on November 9 that Democratic lawmakers are weighing whether to use the budget deadline to press President Donald Trump to stop the war with Iran.

Democrats are considering either blocking the government spending bill or restricting funding related to military operations. If no budget agreement is reached, the standoff could trigger a federal government shutdown.

Within the party, lawmakers are weighing whether to act immediately or wait until a new Congress convenes in January.

Meanwhile, the US Department of Defense is seeking at least $350 billion in additional funding, a request that could also influence budget negotiations in Congress.

Photo: Shutterstock
Photo: Shutterstock
#Government Shutdown
#Middle East War
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

What do you think about this news?

‌
‌
‌
‌
‌
‌
‌

PiCK News

‌
‌
‌
‌
‌

Hashtag News

‌
‌
‌
‌