• yesterday
A House Republican bill to fund the government for three months and suspend the debt ceiling for two years failed Thursday, with thirty-eight Republicans and nearly all Democrats voting against it. Trump and Elon Musk's criticism of a prior funding proposal led Republicans to scramble for a replacement plan, ultimately failing. The latest version included a two-year suspension of the debt ceiling, an unexpected addition given the usual lengthy negotiations required for such changes. Without a deal, a partial government shutdown is set to begin late Friday.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02House Republican bill to fund the government for three months and suspend the debt ceiling
00:05for two years failed Thursday with 38 Republicans, nearly all Democrats, voting against it.
00:11Trump and Elon Musk's criticism of a prior funding proposal
00:14led Republicans to scramble for a replacement plan, which ultimately failed.
00:18The latest version included a two-year suspension of the debt ceiling,
00:21an unexpected addition given the usual lengthy negotiations required for such changes.
00:26Without a deal, a partial government shutdown is set to begin late Friday.

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