What is a government shutdown? Here's what happens if funding runs out
CBSN
Washington — Time is running out for House Speaker Kevin McCarthy to find a compromise to keep the federal government running and avoid a costly shutdown.
Republican infighting between moderates and the hard-right has paralyzed the House from passing a short-term funding bill, which is necessary to keep the government open beyond Sept. 30, when funding for federal agencies runs out.
A temporary funding measure proposed Sunday by members of the Main Street Caucus and House Freedom Caucus includes an 8% cut to agency budgets, excluding the Defense Department and Veterans Affairs.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.