A Last-Minute Deal Averting Government Shutdown Is Unlikely

Republican disarray weakens ability get concessions from Biden
Shutdown set to begin Oct. 1 with no clear way out of impasse

Error:

Could not download required scripts. Please update your browser or turn off ad blocker to continue to watch.

WATCH: Bloomberg’s Julie Fine and Ryan Teague Beckwith give their insight on the status of Congress as a government shutdown looms.Source: Bloomberg

How easy or hard was it to use Bloomberg.com today?

Share feedback

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE

By Erik Wasson and Michelle Jamrisko

September 28, 2023 at 12:29 AM UTC

Updated on

September 28, 2023 at 3:44 AM UTC

This article is for subscribers only.

A late deal to avert a US government shutdown beginning this weekend isn’t likely — with House Speaker Kevin McCarthy making big demands of President Joe Biden and bringing little leverage to the clash.

The Republican leader counts as one of his proudest achievements an agreement on long-term spending cuts he extracted from Biden in last spring’s showdown over a potential US debt default and now he wants to use a shutdown to get more concessions.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE