South Korea’s ruling and opposition parties failed to reach a budget deal ahead of the legal deadline, with final negotiations set for December 2 amid disputes over fiscal spending and key allocations.
#YonhapInfomax #NationalBudget #DemocraticPartyOfKorea #PeoplePowerParty #FiscalSpending #BudgetNegotiations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93372
Ruling and Opposition Parties Fail to Reach Budget Agreement Again—Final Talks Set for Tomorrow Morning

South Korea’s ruling and opposition parties failed to reach a budget deal ahead of the legal deadline, with final negotiations set for December 2 amid disputes over fiscal spending and key allocations.

Yonhap Infomax
#BlackMastodon #BlackTwitter #BudgetNegotiations #Democrats
I hope the Democrats don't cave (I know..what's the likelihood of that?!), but they need to go ahead and let the MAGAts shut the government down.
EDIT: Spelling
New York stock market opens lower as US Treasury yields surge and budget uncertainty weighs, with major indices declining amid investor concerns over fiscal negotiations and recent market rallies.
#YonhapInfomax #NewYorkStockMarket #TreasuryYields #BudgetNegotiations #MarketDecline #InvestorSentiment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64238
New York Stock Market Opens Lower - US Treasury Yields Surge, Budget Uncertainty Weighs

New York stock market opens lower as US Treasury yields surge and budget uncertainty weighs, with major indices declining amid investor concerns over fiscal negotiations and recent market rallies.

Yonhap Infomax
People Power Party floor leader Kwon Sung-dong urges opposition to prioritize urgent budget items in first phase of supplementary budget, criticizes Democratic Party's obstruction of government's 10 trillion won plan
#YonhapInfomax #SupplementaryBudget #KwonSungDong #DemocraticParty #BudgetNegotiations #GovernmentSpending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56481
Kwon Sung-dong - 'Urgent Matters First in Supplementary Budget - Sufficient Discussions for Second Phase'

People Power Party floor leader Kwon Sung-dong urges opposition to prioritize urgent budget items in first phase of supplementary budget, criticizes Democratic Party's obstruction of government's 10 trillion won plan

Yonhap Infomax

#BudgetNegotiations #SafetyNet

"The split screen could be stark, at least on paper. House committees will be asked to cut at least $2 trillion in spending from safety-net programs, while Senate committees might be directed to find a minimum of a few billion dollars in savings. It’s possible to write a final package that can bridge the difference, but it’s likely to be politically tricky — requiring trust between GOP lawmakers in the two chambers after months of cross-Capitol competition, along with substantial pressure from Trump."

https://www.politico.com/news/2025/03/30/gop-budget-house-vs-senate-00258076

Ruling party announces plans to initiate supplementary budget talks with opposition and government in upcoming tripartite working group meetings
#YonhapInfomax #SupplementaryBudget #TripartiteWorkingGroup #RulingParty #BudgetNegotiations #GovernmentSpending #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54198
KOSPI closes 1.28% lower at 2,537.60 amid US market plunge and budget negotiation concerns, with key stocks in shipbuilding sector facing significant declines.
#YonhapInfomax #KOSPI #USStockMarket #BudgetNegotiations #RiskAversion #ShipbuildingStocks #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53740
KOSPI Closes Lower on US Market Plunge; Eyes on US Budget Negotiations

KOSPI closes 1.28% lower at 2,537.60 amid US market plunge and budget negotiation concerns, with key stocks in shipbuilding sector facing significant declines.

Yonhap Infomax

Bush Institute warns GOP that ending critical HIV program could cost millions of lives. The GOP has been using the revolutionary program as a bargaining chip in budget negotiations, claiming it really just promotes abortion and LGBTQ+ rights.

https://www.lgbtqnation.com/2023/10/bush-institute-warns-gop-that-ending-critical-hiv-program-could-cost-millions-of-lives/

#BushInstitute #GOPHIVprogram #MillionsOfLives #BudgetNegotiations #AbortionRights #LGBTQRights #Politics #News

Bush Institute warns GOP that ending critical HIV program could cost millions of lives - LGBTQ Nation

The GOP has been using the revolutionary program as a bargaining chip in budget negotiations, claiming it really just promotes abortion and LGBTQ+ rights.

LGBTQ Nation
Senate grabs wheel from House in bid to avoid shutdown  

Senate leaders are grabbing the steering wheel from embattled Speaker Kevin McCarthy (R-Calif.) in hopes of avoiding a wreck in the form of a government shutdown at the end of the week. Senators in both parties have lost confidence in McCarthy’s ability to move a stopgap funding measure through the House and hope to avoid…

The Hill
White House seizes on Gaetz ‘hostage’ remark on debt ceiling

White House officials Wednesday put a spotlight to remarks by Rep. Matt Gaetz (R-Fla.) in which he said some Republicans do not feel they should negotiate with their “hostage” in debt ceiling talks. Biden administration officials pointed to Gaetz’s comments to argue that the GOP has created a “manufactured crisis” around efforts to raise the…

The Hill