Wednesday’s Headlines: Want to rapidly catch up on the news? Here are the main stories from September 20, 2023, on Wednesday.
Infighting within the Republican Party drives the government towards a closure
The government will close down at the end of the month if Congress fails to reach a funding agreement within the remaining eleven days.
The Republicans in the House of Representatives have proposed a stopgap measure that includes a nearly 8 percent reduction to the majority of federal agencies and stricter border restrictions. The proposal also excluded disaster relief and funding for Ukraine.
Numerous Republicans are anticipated to vote against the measure alongside Democrats, making its passage unlikely.
Biden addresses the United Nations General Assembly in support of Ukraine
Tuesday marked the beginning of the 78th Session of the United Nations General Assembly in New York. President Biden delivered an impassioned speech in support of Ukraine, urging world leaders to maintain their unwavering commitment to the nation.
“Is the independence of any nation secure if we allow Ukraine to be divided? I respectfully propose that the response is no. We have to stand up to this blatant aggression today and deter other would-be aggressors tomorrow,” he said.
The economy is exhibiting signs of decline.
Wednesday marks the conclusion of the Fed’s September meeting, where it is widely anticipated that the central bankers will refrain from raising interest rates. The objective is to decrease inflation and chill the labor market while preventing a recession.
In the third quarter, consumer spending rates have decreased, raising alarm sirens as the most crucial time of the year — the holiday season — approaches.
The U.S. southern frontier is experiencing an influx of migrants.
The Department of Homeland Security reported on Monday that there were over 8,000 apprehensions at the southern frontier of the United States.
Following the expiration of Title 42, border crossings declined, but resumed steadily increasing during the summer. According to a recent report, this led to border patrol agents separating some migrant children from their parents while the families were in custody.
