SNAP, Trump and shutdown
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Shutdown fight reaches crisis point
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Although air traffic controllers are largely seen as having played a central role in ending the previous shutdown, representatives from their union say they hope to remain apolitical and focus on the traveling public’s safety.
Senators are still expressing optimism about a deal to end the shutdown. But there wasn’t enough optimism to keep the Senate in town.
Senators continued to express cautious optimism over bipartisan talks to end the shutdown, but the chamber adjourned without another vote.
The rapidly worsening dynamics seem to have jolted lawmakers on Capitol Hill, who after weeks of stalemate have started to take back-channel negotiations about potential shutdown off-ramps more seriously. "There's been a significant uptick in bipartisan conversations," said Sen. Lisa Murkowski, R-Alaska. "That's the good news."
Barring a surprise breakthrough, the U.S. government shutdown will tie the longest federal closure ever on Tuesday, 35 days. One tick after midnight, it becomes the longest ever.
Senate Majority Leader John Thune said talks among rank-and-file senators aimed at ending the government shutdown have ramped up.
Federal workers missing paychecks, risks to SNAP benefits and companies waiting on permits are creating dangerous economic conditions as the second-longest shutdown in history drags on.
Millions of low-income families may face delays in receiving home heating aid due to the ongoing federal government shutdown
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A combination of bad weather and mounting frustration among unpaid air traffic controllers and TSA workers could lead to major travel headaches in the weeks ahead.
Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to roughly 5.3% in 2023 and 2024 to combat the biggest inflation spike in four decades. Lower rates could, over time, reduce borrowing costs for mortgages, auto loans, and credit cards, as well as for business loans.