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Senate votes to reopen government, passes budget deal. Next stop: the House
10 February 2018, 09:27 | Christie Tate
The Senate and the House had given Thursday's complete focus to the two-year budgetdeal to prevent the shutdown.
The measure, which is backed by US President Donald Trump, did not include any spending cuts or new tax revenues.
House Republican leaders on Thursday had offered assurances that the package would be approved, but so did Senate leaders and the critical midnight deadline, when current government funding authority expired, was still missed.
But the opposition of several legislators, and especially that of Republican Senator Rand Paul, caused the new budget to be approved only after midnight, which technically left the government without resources.
"I want people to feel uncomfortable" voting in favor of big deficits, Paul said.
The Republican Party was once known for fiscal conservatism, but congressional Republicans and Trump are now quickly expanding the USA budgetdeficit and its $20 trillion national debt.
Rand Paul, R-Ky., speaks to reporters on the South Lawn of the White House in Washington upon arrival from a round of golf with President Donald Trump, Sunday, April 2, 2017, in Washington.
Top Senate Democrat Chuck Schumer warned that the delay put lawmakers "in risky territory", and a number of fellow Republicans including Senator John Cornyn confronted Paul in the chamber about his strategy. The legislation has passed the Senate but now faces a tough battle in the House.
"We ought to have a debate on this", said Rep. Jim McGovern (D-MA). Both expressed concerns about increased spending and how the spending plan would affect the national debt.
Democratic and Republican Senate leaders cobbled together the budget deal on Wednesday. That won over many Republicans, but some were furious over the $131 billion extra allocated for non-military spending, including health and infrastructure. "I want them to have to answer people at home who said, "How come you were against President Obama " s deficits and then how come you're for Republican deficits?' " His colleagues did not respond with a standing ovation. He predicted Ryan would lose 60 to 70 Republican votes when the budget deal comes to the House floor.
Pelosi has faced huge pressure from immigration activists and progressive lawmakers in her caucus to take a hardline for Dreamers, the young undocumented immigrants who could lose protections from deportation under a program that Donald Trump has rescinded.
The plan leaves unaddressed the status of almost 800,000 recipients of DACA, the Deferred Action for Childhood Arrivals program, and other "Dreamers", immigrants who were brought into the country illegally as children. The bill McConnell chose was unrelated to immigration, after he had said he planned to use a separate bill for the debate. But Trump ended the program last September, setting March 5 as a deadline for resolving the issue.
Dow tumbles to correction territory
With global stock markets suddenly volatile again, investors might need a refresher on some of the terms being thrown around. Treasury prices dropped after the Treasury Department sold new 10-year notes to soft demand and the U.S.
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San Francisco is on the rise just as the Rams were previous year . "Good for him, good for him", Smith said of Garoppolo. That breaks down to roughly $27.5 million per year, to make Garoppolo is the highest paid player in league history.
Ways to file your 2017 taxes
She also said that you should never respond to email, text or social media messages claiming to be from a legitimate agency. But, if you're expecting a $3,000 refund - the average refund in the US - it may be worth the hustle.
US Market Indexes Lower Wednesday
Volatility returned to markets on Thursday as USA indices finished the day sharply lower, plunging them into correction territory. The market, now in its second-longest bull run of all time, had not seen a correction for two years, an unusually long time.
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They're already doing a great job, and they'll do a great job for the rest of the week. "But I hope to goodness they win". The dearth of event space forced organizers to reach out to places of worship and funeral homes as potential party spots.
Treasurys are surging as stocks get slammed
Trading has been choppy for days, and the market has swung in wide ranges - up and down almost 2,300 points over the past week. Higher interest rates indicated that inflation will increase, which raised the prospect that the U.S. economy could overheat.
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My late in-laws were also forward thinking people as my father-in-law was holding a big post in Defence and lived mostly in North. Madhumitha says, "I used to climb hills and in fact work overtime during my periods and it was never a problem for me".