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Shutdown Clock Ticking After Trump-Musk Plan Rejected By Lawmakers
Posted
December 20, 2024
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4:45Now PlayingThe Republican-led House has rejected a temporary funding plan backed by President-elect Donald Trump on Thursday with just over 24 hours to go before a US government shutdown, capping an extraordinary two days in Washington that tested the limits of the incoming president's power.
Trump and key adviser Elon Musk had pressured GOP lawmakers, including threats to oppose them in the next election, to abandon an earlier bipartisan deal. Trump insisted Republican leaders add a provision waiving or raising the federal debt limit before he takes office. Bloomberg's Senior Editor Bill Faries joins Stephen Carroll on Bloomberg Radio to discuss.
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