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Transcripts For BBCNEWS World 20240703

The last time in early 2019 saw a month of widespread disruption to the Worlds Largest economy. Erin delmore reports from new york the clock is ticking on capitol hill. The democrat led senate and the republican led house will need to agree on a deal to fund the federal government past september 30th. Right now, the senate has bipartisan support on a stopgap bill that would extend funding until november 17th. But House Republicans have rejected it. Theyre fighting over Government Spending levels with hard line conservatives calling for deeper cuts and tying any Government Funding Bill to the ongoing issue of immigration and security at the us s southern border. House speaker Kevin Mccarthy has a handful of holdouts in his Republican Caucus who have said theyll oppose any short term funding bill. Several are threatening to oust mccarthy from his post if he doesnt meet their demands. Any shutdown would impact hundreds of thousands of federal workers, many of whom would be out of work wit

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