The House is scheduled to vote on a short-term budget deal Thursday afternoon, but the latest count shows that House GOP leaders don't have enough votes. Now, President Trump has thrown a wrench into Speaker Ryan's bargaining power, tweeting that the Children's Health Insurance Program (CHIP) shouldn't be included in a short-term plan.
Reason Magazine Editor-at-Large Matt Welch explains why a government shutdown "may happen by accident." Since it's been almost five years since the last shutdown, Welch says politicians may have forgotten how much Americans hate it when the government comes to a halt.
If Republican leaders can't get enough votes for the short-term budget deal, then Congress will only have 24 hours to put another deal together. The last time the government shut down was October 2013.
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.