As the United States government approaches a potential shutdown, President Trump is reportedly contemplating military action against Iran.This consideration comes at a time when the Senate has stalled on a government funding deal, with no votes scheduled for tonight as senators block speedy consideration of the proposed package.
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cnn.comedition.cnn.comSenate Majority Leader John Thune expressed hope for resolution, noting that "tomorrow's another day" for negotiations.However, the current situation is fraught with tension, as any senator can object to quick consideration of measures, which slows down the legislative process.GOP Senator Lindsey Graham has publicly voiced his opposition to the current funding agreement, calling it a "bad deal" amid concerns regarding proposed changes to the Department of Homeland Security (DHS) funding bill.
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edition.cnn.comGraham's objections are rooted in a broader frustration with how Immigration and Customs Enforcement (ICE) agents are being treated.He criticized what he described as their "demonization" and called the renegotiation of the DHS funding bill "unconscionable".
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cnn.comThe looming government shutdown, set to commence on Wednesday at 12:01 AM in Washington, DC, could have significant repercussions for the US economy.If Congress fails to pass an appropriations bill, federal agencies will be forced to suspend nonessential activities.This scenario is complicated by the fact that while Republicans control both the House and Senate, they lack the necessary 60 votes to advance the funding bill without Democratic support.
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aljazeera.comExperts warn that a shutdown could lead to furloughs and layoffs, which in turn may slow consumer spending.The federal government is the nation's largest employer, and potential job cuts could impact economic sentiment nationwide.Federal agencies have been instructed to prepare layoff notices for nonessential programs, although it remains unclear which programs would be prioritized.
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aljazeera.comMoreover, a government shutdown could delay critical economic reports, including the monthly jobs report, which is essential for gauging the health of the US economy.The Federal Reserve is already facing challenges, as softening labor conditions have been observed, with only 22,000 jobs added in August.This could complicate monetary policy decisions if key data is delayed due to a shutdown.
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aljazeera.comIn the midst of these political and economic challenges, Trump's consideration of military action against Iran adds another layer of complexity.The administration's foreign policy decisions could further influence both domestic and international perceptions of US stability during this period of uncertainty.As lawmakers grapple with funding negotiations and the potential fallout of a government shutdown, the implications of Trump's military considerations against Iran could resonate throughout various sectors, from the economy to national security.The ongoing situation underscores the interconnectedness of political decisions and economic realities in the current landscape of US governance.