WASHINGTON, United States -- Four months after barely avoiding a catastrophic default, the world's largest economy is once again on the verge of a major fiscal crisis.
President Joe Biden's Democrats are engaged in a bitter feud with Republican rivals in Congress over spending bills, which, if not passed into law soon, may trigger a government shutdown.
House Republicans failed to support the government spending levels agreed to between Biden and Speaker Kevin McCarthy, the top Republican in Congress, that would keep government gears turning, the White House has said. "I am not voting for one single penny to go to a war in Ukraine," congresswoman Marjorie Taylor Greene, a close ally of former president Donald Trump, said in a video posted on X, the former Twitter.Fellow House Republican Eli Crane echoed that view.
If no firm agreement is reached, lawmakers could turn to a short-term funding measure, called a continuing resolution, which would offer temporary respite to lawmakers to find common ground. "A deal is a deal," White House Press Secretary Karine Jean-Pierre said, blaming Republicans for the risk of a"needless shutdown."
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