The U.S. government faces a greater risk of a shutdown in October following a new budget-cutting deal House Speaker Kevin McCarthy forged to quell a revolt among ultra-conservative Republicans.
McCarthy agreed this week to push through the House spending cuts $120 billion deeper than caps set barely two weeks ago as part of a hard-fought compromise the GOP leader reached with President Joe Biden to avert a catastrophic debt default.
Democrats balked at McCarthy’s move to abandon the deal.
