net_left Kdata adver left
Detail

Biden's fellow Democrats scramble to prevent shutdown, default

By Richard Cowan and David Morgan WASHINGTON (Reuters) -President Joe Biden's fellow Democrats will seek to head off both a government shutdown and a potentially economically...
Biden's fellow Democrats scramble to prevent shutdown, default © Reuters. FILE PHOTO: U.S. Senate Majority Leader Chuck Schumer attends a news conference at the U.S. Capitol in Washington, U.S., July 20, 2021. REUTERS/Elizabeth Frantz/File Photo

By Richard Cowan and David Morgan

WASHINGTON (Reuters) -President Joe Biden's fellow Democrats will seek to head off both a government shutdown and a potentially economically crippling U.S. credit default on Tuesday while also trying to agree on a mammoth tax and spending package for his ambitious social policy agenda.

Senate Democrats had hoped to avoid a partial government shutdown and to suspend the federal debt ceiling with a single vote. But they were blocked on Monday by Republicans, who have offered broad opposition to Democratic legislative priorities and said the two matters should be dealt with separately.

The Democrats hold slim majorities in the Senate and House of Representatives.

Senate Majority Leader Chuck Schumer said more votes are likely, but did not specify what course https://www.reuters.com/world/us/moment-truth-us-congress-government-funding-debt-biden-agenda-2021-09-27 he would take.

Lawmakers have just three days to avert a possible government shutdown by midnight Thursday, the end of the current fiscal year. Failure to do so https://www.reuters.com/world/us/what-happens-when-us-federal-government-shuts-down-2021-09-27 could results in furloughs for hundreds of thousands of federal workers in the middle of a public health crisis.

Congressional Democrats also will seek a way to raise the government's $28.4 trillion borrowing cap before the Treasury Department runs out of techniques to service the nation's debt, sometime in the second half of October. Republicans have said they will not help.

Fiscal brinkmanship has become a regular feature of U.S. politics over the past decade thanks to ongoing partisan polarization.

The most recent government shutdown, occurring during the presidency of Biden's Republican predecessor Donald Trump, lasted 35 days before ending in January 2019.

"This isn't your typical Washington fracas," Schumer said on the Senate floor after Monday's vote. "It has far more severe consequences than the typical political catfight."

Democrats point out that much of the nation's new debt was incurred during Trump's administration.

A government shutdown or a default would be a setback for the Democrats, who have portrayed themselves as the party of responsible government after Trump's chaotic presidency.

Democrats are also struggling to unite behind two pillars of Biden's domestic policy agenda - a $1 trillion infrastructure bill and a $3.5 trillion social spending package.

Democrats originally planned to handle both bills in tandem. But at a party caucus meeting on Monday, House Speaker Nancy Pelosi said her chamber would vote on the infrastructure bill on Thursday even though lawmakers are still negotiating the social spending bill including its total cost.

"We just have to make difficult choices," Pelosi said, according to a source familiar with her comments who spoke on condition of anonymity.

Centrist Democrats have balked at the scale of the social spending package. The White House and top lawmakers may narrow some benefits to bring the price tag down, sources say, but they have yet to settle on a figure.

Lawmakers on the party's left have threatened to torpedo the infrastructure bill. They have expressed concern that the plan to expand health and education benefits and fight climate change could fall by the wayside if Congress prioritizes spending on highways, broadband and other infrastructure.

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
28-03-2024 19:41:31 (UTC+7)

EUR/USD

1.0793

-0.0033 (-0.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/USD

1.0793

-0.0033 (-0.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

GBP/USD

1.2626

-0.0012 (-0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

USD/JPY

151.29

-0.04 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

AUD/USD

0.6497

-0.0036 (-0.55%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

USD/CAD

1.3579

+0.0012 (+0.09%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

EUR/JPY

163.23

-0.52 (-0.32%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

EUR/CHF

0.9771

-0.0015 (-0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Gold Futures

2,229.65

+16.95 (+0.77%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

Silver Futures

24.703

-0.049 (-0.20%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Copper Futures

3.9928

-0.0072 (-0.18%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

82.70

+1.35 (+1.66%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Brent Oil Futures

86.64

+1.23 (+1.44%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Natural Gas Futures

1.720

+0.002 (+0.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (1)

US Coffee C Futures

188.90

-1.75 (-0.92%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (3)

Euro Stoxx 50

5,088.55

+6.81 (+0.13%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

S&P 500

5,248.49

+44.91 (+0.86%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

DAX

18,482.85

+7.79 (+0.04%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (0)

FTSE 100

7,954.00

+22.02 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Hang Seng

16,541.42

+148.58 (+0.91%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (1)

US Small Cap 2000

2,114.35

+44.19 (+2.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

IBEX 35

11,098.11

-13.19 (-0.12%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

BASF SE NA O.N.

53.030

-0.220 (-0.41%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (6)

Bayer AG NA

28.45

+0.03 (+0.11%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (1)

Allianz SE VNA O.N.

276.77

-0.68 (-0.25%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

Adidas AG

207.05

+2.35 (+1.15%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

Deutsche Lufthansa AG

7.263

+0.086 (+1.20%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (5)

Siemens AG Class N

176.75

-0.17 (-0.10%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (3)

Deutsche Bank AG

14.643

+0.030 (+0.21%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.0793↑ Buy
 GBP/USD1.2626↑ Buy
 USD/JPY151.29↑ Sell
 AUD/USD0.6497↑ Buy
 USD/CAD1.3579↑ Sell
 EUR/JPY163.23↑ Sell
 EUR/CHF0.9771↑ Buy
 Gold2,229.65Neutral
 Silver24.703↑ Buy
 Copper3.9928Neutral
 Crude Oil WTI82.70↑ Buy
 Brent Oil86.64↑ Buy
 Natural Gas1.720↑ Buy
 US Coffee C188.90Buy
 Euro Stoxx 505,088.55↑ Sell
 S&P 5005,248.49↑ Buy
 DAX18,482.85↑ Buy
 FTSE 1007,954.00↑ Buy
 Hang Seng16,541.42Neutral
 Small Cap 20002,114.35↑ Buy
 IBEX 3511,098.11↑ Buy
 BASF53.030↑ Sell
 Bayer28.45Buy
 Allianz276.77↑ Sell
 Adidas207.05↑ Buy
 Lufthansa7.263Neutral
 Siemens AG176.75Neutral
 Deutsche Bank AG14.643↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,880/ 8,050
(0/ 0) # 1,398
SJC HCM7,900/ 8,100
(10/ 10) # 1,450
SJC Hanoi7,900/ 8,102
(10/ 10) # 1,452
SJC Danang7,900/ 8,102
(10/ 10) # 1,452
SJC Nhatrang7,900/ 8,102
(10/ 10) # 1,452
SJC Cantho7,900/ 8,102
(10/ 10) # 1,452
Cập nhật 28-03-2024 19:41:33
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,207.41+16.390.75%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.45+5.010.06%
Brent$86.52+4.880.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.580,0024.950,00
EUR26.018,3427.446,04
GBP30.390,9531.684,00
JPY158,69167,96
KRW15,8419,20
Cập nhật lúc 18:53:18 28/03/2024
Xem bảng tỷ giá hối đoái
adver main right