All articles tagged with #hurdles
The stock market has experienced a widespread rally, encompassing more than just Big Tech companies. However, despite investors' hopes for a strong year-end, there are still several obstacles to overcome.
House Speaker Mike Johnson's plan to avert a government shutdown by extending government funding at current levels until Jan. 19 and Feb. 2 faces hurdles as some Republicans, including Rep. Chip Roy, oppose the measure. Johnson can only afford to lose four Republican votes before needing Democratic support to pass the bill. The bill does not include spending cuts demanded by conservatives but also lacks funding for Ukraine, Israel, and the southern border. President Biden signaled openness to signing the bill if it passes Congress, while Senate Majority Leader Chuck Schumer called it "far from perfect" but emphasized the inclusion of defense spending in the February extension.
The US is facing challenges in increasing its munitions supplies for Ukraine's war effort due to logistical hurdles and concerns about escalating the conflict with Russia. While the US has pledged support to Ukraine, including providing lethal aid, the process of delivering the necessary weapons and ammunition is complex and time-consuming. Additionally, there are concerns about the potential for further escalation and the impact on US-Russia relations.