Temporary US Govt shutdown is certain – Fox News

Dhwani Mehta FXStreet

Fox News is now reporting that following the recess announcement without approving a budget deal, only suggests that a short government shutdown is assured.

Key Details:

“A last-minute maneuver by Sen. Rand Paul, R-Ky., delayed consideration of a bipartisan budget package to keep the government open past midnight.

Paul repeatedly objected to a quick vote on the deal struck by his fellow Kentucky Republican, Senate Majority Leader Mitch McConnell, and Senate Minority Leader Chuck Schumer, D-N.Y. Paul said he was asking for a recorded vote on reversing the bill's spending increases.

That effort could delay a final Senate vote until 1 a.m. Friday, past the deadline for keeping the government open.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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