news because the US government officially shut down at midnight after Congress and the White House failed to reach an agreement on how to extend federal funding. It's the first shutdown since 2018, which came during President Trump's first term, and that was the longest ever at 34 days. Hours before last night's deadline, both Republican and Democratic funding proposals were rejected by the Senate.This despite three Democrats voting in favor of that GOP bill. As of this moment, there is still no clear path ...

Vice President JD Vance said he believes the US government is on track to shut down, seeking to pin the blame on Democrats one day before federal funding is set to lapse.Get more on the Daybreak Europe Podcast https://t.co/Xryq9LavjX ...

President Trump set to meet with congressional leaders, including Senator Chuck Schumer and John Thune. Also Congressman Jeffries at the White House today to see if the Democrats and Republicans can hash out a short term spending bill and avoid a government shutdown with federal funding due to expire tomorrow. Bloomberg's karaoke machine joins us now from Washington.What do we know about what both sides want after the weekend. We know for sure that the deadline is fast approaching. Government funding is exp ...

Government Funding & Shutdowns - The discussion revolves around the potential for a government shutdown due to disagreements on federal funding between Democrats and Republicans [1][2] - A proposal exists to eliminate shutdowns by implementing 14-day continuing appropriations at the previous year's funding levels [3][4] - The current congressional dysfunction is significant, with Democrats seeking an additional $15 trillion (15,000 billion) in spending over 10 years [5] - The House has passed a continuing resolution without additional spending, but with some "anomalies" [6] - The US has experienced 55 continuing resolutions and 12 increases or suspensions of the debt ceiling, with the national debt rising from $14 trillion to $37 trillion [12] Budgetary Reform & Spending - There's a suggestion to implement budgetary reforms, such as two-year budgets, to reduce partisanship and improve oversight [13] - The current spending level is approximately $7 trillion annually, with discretionary spending accounting for 25% of the budget [10] - Returning to pre-pandemic spending levels is desired, but maintaining current spending levels is proposed as a temporary solution [9][10] Healthcare & ACA - Disagreements exist regarding ACA subsidies, particularly temporary COVID subsidies, with concerns about potential fraud costing taxpayers tens of billions of dollars [22][25] - Obamacare is cited as a cause of high insurance costs in the individual market, leading to fraud and increased expenses [23][26] - Approximately 12 million people on ACA exchanges may not be utilizing healthcare, with potential fraud involving unscrupulous agents signing people up [24][29] - Medicaid growth is also a point of contention, with concerns about the Obamacare expansion and its impact on state spending [26]

Funding Cuts & Impact - The Department of Justice cut $820 million in grants to violence prevention and victim services organizations [1] - Federal funding cuts led to a reduction in the number of high-risk interventionists from 15 to 4 in one group [2] - The Department of Justice stated the grants no longer aligned with its priorities [3] - A group of nonprofits sued to stop the funding cuts, but a federal judge ruled against them [9] Community Violence Intervention - Community members are critical to violence intervention, emphasizing the importance of "family" and public involvement [4] - Community violence intervention is a complementary strategy to law enforcement, providing on-the-ground intelligence [6] - Experts suggest a collaborative approach between community groups and law enforcement helps reduce violence [6][7] - Community-based public safety professionals rely on relationships, and their loss creates blind spots [8] Crime Trends & Public Safety - Despite an uptick in violent crime in Newark last year, it has fallen over the last 10 years, according to FBI data [4] - President Trump created a federal task force, including the National Guard, to mobilize to Memphis, Tennessee, to combat crime [1]

“With or without dollars, Indigenous communities are standing up for our homelands and waters.”Wáahlaal Gíidaak, Vice President of Arctic & Northern Waters at Ocean Conservancy, spoke about federal funding at the 2025 #ForbesSustainabilityLeaders Summit. https://t.co/yZzcp1nZJV https://t.co/XwgHUnt5tG ...

Funding & Politics - UCLA's effort to secure federal funding faces a unique challenge due to California Governor Gavin Newsom's opposition to the Trump administration [1] - The situation is complicated by Governor Newsom's stance against the Trump administration, impacting UCLA's ability to reach a deal with the White House [1]

Funding Risk - California, New Mexico, and Washington are at risk of losing a cumulative $46 million in federal trucking safety funds [1] Regulatory Compliance - The Trump administration accused the states of flouting English-language rules for commercial drivers [1]

Freeberg, you think that we should What do you do with the mortgage market. You >> God, it's so difficult. I don't know.>> Do you just basically privatize Freddy and Fanny and let them underwrite. >> I 100% think you got to privatize Freddy and Fanny as a first step. >> And then you have to stop underwriting student debt so that you don't underwrite the $200,000 degrees.>> I believe 100% in ending the federal student loan program. And I think that it will force a restructuring of the of the entire higher ed ...

Funding Cuts Impact - Harvard University is reportedly close to reaching an agreement with the Trump administration to restore federal funding [1] - Harvard science professor estimates grant losses totaling over $6 million to $7 million in the next few years due to funding cuts [1] - Additional millions of dollars in training grants supporting students have also been lost [1] Research & Education Implications - Reduced funding negatively impacts the training of the next generation of scientists through apprenticeships [2] - Inability to engage students in hands-on research damages their future ability to address important research questions [2]