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Speaker Kevin McCarthy’s proposals faced opposition from hard-right lawmakers within The United States House of Representatives.
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There is a possibility that cryptocurrency-related bills could lose priority among lawmakers.
The United States House of Representatives recently decided to reject a bill passed by the Senate. It was intended to fund the government and created a significant impasse. Furthermore, Speaker Kevin McCarthy’s proposals have faced resistance from hard-right lawmakers within the House.
The developments collectively point to the possibility of a partial government shutdown commencing on October 1. This explains the challenges to reach a consensus on critical issues such as government funding within the political landscape in the U.S.
In the event of a U.S. government shutdown, allegedly caused by Congress’s inability to pass funding legislation for the upcoming fiscal year, all nonessential operations within federal agencies
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