Tag: Budget Negotiations
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Government Shutdown Becomes Longest in U.S. History
Overview: The Shutdown Tops the Record The ongoing government shutdown has reached its 36th full day, officially making it the longest in United States history. This milestone surpasses the previous record set during the December 2018–January 2019 shutdown, a period that also drew sharp attention to the friction between the executive and legislative branches over…
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US Government Shutdown Reaches 36th Day, Longest Ever
Overview: A Record-Breaking Shutdown The U.S. government crossed the 36-day mark in a shutdown that has now become the longest in American history. With federal departments shuttered and nonessential services pared back, lawmakers from both parties remain at an impasse over a pathway to reopen and fund the government. The stalemate in Congress has left…
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Outline of Potential Deal to End Government Shutdown Emerges as Senators Continue Talks
Steadying the Ship: What We Know So Far The U.S. government faces a tense standoff as lawmakers work toward a concrete path to end the shutdown that has now stretched into days longer than any in history. On Tuesday, senators signaled progress, outlining a potential framework that would fund the government while addressing long‑standing policy…
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White House vows partial SNAP funding to ease shutdown impact amid Trump warning
Overview: Partial funding of SNAP amid a political standoff The White House announced on Tuesday that it will proceed with plans to partially fund the Supplemental Nutrition Assistance Program (SNAP) during the ongoing government shutdown. This move comes after President Donald Trump publicly threatened to withhold federal assistance, signaling a sharp pivot as lawmakers wrestle…
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Israel’s Budget Battle: Finance Ministry Targets IDF Overspending and Proposes Bank Tax for 2026
Overview of the 2026 Budget Framework The Finance Ministry released the core principles of Israel’s 2026 state budget this week, signaling a major shift in how the government plans to finance security, welfare, and infrastructure. The reform package aims to curb what senior treasury officials describe as excessive military expenditure and to diversify revenue streams…
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Trump Administration Faces Government Shutdown Fears After Halloween
Overview: A Halloween Night that Doubles as a Political Flashpoint On Friday evening, October 31, 2025, the political stage shifted from routine briefings to a high-stakes, real-world test of the Trump administration’s ability to navigate a looming government shutdown. The setting was Mar-a-Lago, the president’s Palm Beach resort, where attendees reported a crowded Halloween party.…
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US Senate Fails to Break Budget Impasse: What’s Next
A Snapshot of the Impasse The US Senate has failed to break the budget impasse, leaving funding decisions unresolved as lawmakers confront a looming deadline. The result is a tense standstill that keeps many government programs in limbo while negotiations continue behind closed doors. For everyday Americans, the moment underscores how funding choices translate into…
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France’s PM Proposes Tax on Financial Wealth, Excludes Zucman
What happened In a move seen as a potential shift to a more left-leaning economic stance, France’s Prime Minister Sébastien Lecornu reportedly proposed to the Socialist Party (PS) the creation of a tax on financial wealth. The plan would target wealth held in financial holdings while explicitly excluding wealth tied to professional assets. The briefing…
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US Government Shutdown Nears, JD Vance Warns of Inaction
US Government Shutdown Nears as Budget Talks Stall The United States federal government appears to be edging toward a shutdown after lawmakers from both parties met with President Donald Trump at the White House. In remarks captured by CNBC, Senator JD Vance said, “I think we are heading toward a shutdown because Democrats won’t do…
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CIP Warns Against Labor Package as Bargaining Chip for Budget
Introduction to the Labor Package Discussion Recent discussions surrounding the labor package have ignited significant concern among various political and economic stakeholders. The Confederation of Portuguese Industry (CIP) has been vocal about its stance, asserting that the proposed labor reforms should not be used as a bargaining chip in the upcoming budget negotiations. As both…