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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.
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