Workflow
Gov. Shutdown Looms; Proposed Gaza Peace Plan | Balance of Power: Late Edition 9/29/2025
Bloomberg Televisionยท2025-09-30 04:17

Government Shutdown & Fiscal Policy - A potential government shutdown is looming, with congressional leaders convening at the White House to discuss solutions [1][3][5] - Democrats and Republicans have disagreements on spending levels, with Democrats pushing for trillions more in spending [59] - A short-term stopgap spending bill passed by the House to keep the government open through November is being blocked by Democrats [7] - A government shutdown could delay the Bureau of Labor Statistics jobs report and potentially lead to mass firings of non-essential workers [7] - Senator Ron Johnson proposes automatic rolling 14-day continuing appropriations to eliminate shutdowns [24] - The White House is using the threat of permanent layoffs as a negotiating tactic [19] - Government spending has grown out of control, with the solution being to reduce the size of the federal government [20] - A government shutdown could raise the unemployment rate to 47% [66] International Relations & Trade - President Trump is laying out a plan to end the war in Gaza, with details to be discussed [3][4] - The proposal calls for the release of all remaining hostages immediately, but in no case more than 72 hours [32] - Wisconsin exported $27 billion of goods into the world in 2024 [26] - President Trump is considering potential bailouts for farmers [27] - President Trump is threatening fresh tariffs related to furniture and movies [52]