Dubai Telegraph - US govt shutdown begins after Congress fails to reach deal

EUR -
AED 4.35335
AFN 77.050797
ALL 96.66512
AMD 452.977132
ANG 2.121943
AOA 1087.00321
ARS 1715.259993
AUD 1.706088
AWG 2.136666
AZN 2.019869
BAM 1.955701
BBD 2.406579
BDT 146.012629
BGN 1.990709
BHD 0.449077
BIF 3539.921292
BMD 1.18539
BND 1.513224
BOB 8.256583
BRL 6.231008
BSD 1.19484
BTN 109.724461
BWP 15.634211
BYN 3.403228
BYR 23233.647084
BZD 2.403079
CAD 1.614917
CDF 2684.909135
CHF 0.911322
CLF 0.026011
CLP 1027.058063
CNY 8.240537
CNH 8.248946
COP 4350.080393
CRC 591.67013
CUC 1.18539
CUP 31.412839
CVE 110.259434
CZK 24.334287
DJF 212.769259
DKK 7.470097
DOP 75.226202
DZD 154.463202
EGP 55.903178
ERN 17.780852
ETB 185.61503
FJD 2.613371
FKP 0.865849
GBP 0.861444
GEL 3.194674
GGP 0.865849
GHS 13.089339
GIP 0.865849
GMD 86.533903
GNF 10484.470707
GTQ 9.164537
GYD 249.97738
HKD 9.259024
HNL 31.537408
HRK 7.536597
HTG 156.372106
HUF 381.328619
IDR 19883.141804
ILS 3.663335
IMP 0.865849
INR 108.693763
IQD 1565.320977
IRR 49934.560565
ISK 144.985527
JEP 0.865849
JMD 187.240547
JOD 0.840489
JPY 183.456955
KES 154.262212
KGS 103.662825
KHR 4804.757439
KMF 491.93733
KPW 1066.851144
KRW 1719.768532
KWD 0.36382
KYD 0.99575
KZT 600.939662
LAK 25713.701882
LBP 106998.998316
LKR 369.511346
LRD 215.369127
LSL 18.971842
LTL 3.500149
LVL 0.717031
LYD 7.497621
MAD 10.838453
MDL 20.096985
MGA 5339.730432
MKD 61.636888
MMK 2489.708718
MNT 4227.553379
MOP 9.608515
MRU 47.674593
MUR 53.852723
MVR 18.32658
MWK 2071.895403
MXN 20.70407
MYR 4.672854
MZN 75.580924
NAD 18.971842
NGN 1643.520192
NIO 43.96778
NOK 11.437875
NPR 175.559137
NZD 1.964681
OMR 0.458017
PAB 1.19484
PEN 3.994898
PGK 5.114742
PHP 69.837307
PKR 334.289724
PLN 4.215189
PYG 8003.59595
QAR 4.35638
RON 5.097064
RSD 117.394074
RUB 90.535429
RWF 1743.311992
SAR 4.447217
SBD 9.544303
SCR 17.203132
SDG 713.016537
SEK 10.580086
SGD 1.506161
SHP 0.88935
SLE 28.834661
SLL 24857.038036
SOS 682.865527
SRD 45.104693
STD 24535.182964
STN 24.498763
SVC 10.454472
SYP 13109.911225
SZL 18.966043
THB 37.225573
TJS 11.153937
TMT 4.148866
TND 3.433027
TOP 2.854135
TRY 51.401485
TTD 8.11259
TWD 37.456003
TZS 3076.744675
UAH 51.211415
UGX 4271.784345
USD 1.18539
UYU 46.367659
UZS 14607.262574
VES 410.075543
VND 30749.020682
VUV 140.814221
WST 3.213333
XAF 655.923887
XAG 0.014004
XAU 0.000244
XCD 3.203577
XCG 2.153391
XDR 0.815759
XOF 655.923887
XPF 119.331742
YER 282.508153
ZAR 19.134414
ZMK 10669.938133
ZMW 23.448816
ZWL 381.695147
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    1.3800

    83.78

    +1.65%

  • CMSD

    -0.0400

    24.05

    -0.17%

  • BTI

    0.4600

    60.68

    +0.76%

  • RIO

    -4.1000

    91.03

    -4.5%

  • CMSC

    0.0500

    23.76

    +0.21%

  • RYCEF

    -0.4300

    16

    -2.69%

  • RELX

    -0.3700

    35.8

    -1.03%

  • NGG

    0.2000

    85.27

    +0.23%

  • AZN

    0.1800

    92.77

    +0.19%

  • BCE

    0.3700

    25.86

    +1.43%

  • GSK

    0.9400

    51.6

    +1.82%

  • BCC

    0.5100

    80.81

    +0.63%

  • VOD

    -0.0600

    14.65

    -0.41%

  • JRI

    0.1400

    13.08

    +1.07%

  • BP

    -0.1600

    37.88

    -0.42%

US govt shutdown begins after Congress fails to reach deal

US govt shutdown begins after Congress fails to reach deal

The US government began shutting down Wednesday after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks that hinged on Democratic demands for health care funding.

Text size:

Republicans and Democrats immediately blamed each other for the deadlock that will impact hundreds of thousands of government workers and the millions of Americans who use the services they provide.

The shutdown, which will stop work at multiple federal departments and agencies, comes as deep partisan divisions in Washington have raised fears over what will be the length and consequences of the halt.

Trump threatened to punish Democrats and their voters by targeting progressive priorities and forcing mass public sector job cuts during the first stoppage since the one during his previous term.

"So we'd be laying off a lot of people that are going to be very affected. And they're Democrats, they're going to be Democrats," Trump told reporters in the Oval Office.

He said a "lot of good can come down from shutdowns," and suggested he would use the pause to "get rid of a lot of things we didn't want, and they'd be Democrat things."

Government operations began grinding to a halt at 12:01 am (0401 GMT) Wednesday, after a frenetic but ultimately failed bid in the Senate to rubber-stamp a short-term funding resolution already approved by the House of Representatives.

Top Senate Democrat Chuck Schumer posted a video on social that showed a clock ticking down to midnight over an image of the US Capitol building.

"The Repblican shutdown has just begun because Republicans wouldn't protect America's health care," he said. "We are going to keep fighting for the American people."

The shutdown will not affect vital functions like the Postal Service, the military and welfare programs like Social Security and food stamps.

But up to 750,000 workers could be sent home each day and would not be paid until the shutdown was over, according to the Congressional Budget Office.

This is the first shutdown since the longest one in US history -- lasting 35 days -- almost seven years ago during Trump's previous term.

Hopes of a compromise had been hanging by a thread since Monday, when a last-gasp meeting at the White House yielded no progress.

The gridlocked Congress regularly runs into deadlines to agree on spending plans, and the negotiations are invariably fraught. But Congress usually avoids them ending in shutdowns.

Democrats, in the minority in both chambers of Congress, have been seeking to flex their rare leverage over the federal government eight months into Trump's second presidency that has seen entire government agencies dismantled.

- How long? -

Trump's threat of new job cuts added to anxieties in the federal workforce sparked by large-scale firings orchestrated by tycoon Elon Musk's Department of Government Efficiency earlier this year.

Republican House Speaker Mike Johnson wrote on X after the shutdown began to ask "How long will Chuck Schumer let this pain go on — for his own selfish reasons?"

"Results: Moms and kids now lose WIC nutrition. Veterans lose health care and suicide prevention programs. FEMA has shortfalls during hurricane season. Soldiers and TSA agents go UNPAID," Johnson wrote.

Former Democratic presidential hopeful Kamala Harris wrote on X that the Republicans were in charge of the White House and both houses of Congress.

"This is their shutdown," ex-vice president Harris wrote.

The 100-member Senate requires government funding bills to receive 60 votes -- seven more than the Republicans control.

Republicans had proposed to extend current funding until late November, pending negotiations on a longer-term spending plan.

But Democrats wanted to see hundreds of billions of dollars in health care spending restored, particularly in the Obamacare health insurance program for low-income households, which the Trump administration is likely to eliminate.

Almost all Senate Democrats voted against a House-passed, seven-week stop-gap funding measure hours ahead of the midnight deadline.

It remains unclear how long the shutdown will last.

The federal government has shuttered 21 times since 1976, when Congress enacted the modern-day budget process.

The longest began on December 22, 2018 when Democrats and Trump found themselves at an impasse over $5.7 billion the president was demanding for a border wall during his first term.

J.Chacko--DT