Investing.com investing.com 25 Dec, 2020 18:15 am

Politics overhangs U.S. Christmas as government shutdown nears, COVID aid uncertain By Reuters

Politics overhangs U.S. Christmas as government shutdown nears, COVID aid uncertain By Reuters
Politics overhangs U.S. Christmas as government shutdown nears, COVID aid uncertain

7 hours ago (Dec 25, 2020 06:10AM ET) By Tim Reid and Richard Cowan (Reuters) - President Donald Trump will spend Christmas Day at his Palm Beach resort as millions of Americans face the risk of losing jobless benefits on Saturday and a partial government shutdown looms next week, following his threat to not sign a $2.In December 2018, Trump started a 35-day government shutdown when he refused to sign a spending bill that didn't include the funding he wanted for a border wall.Without his signature on the coronavirus aid bill, about 14 million people will lose unemployment benefits on Saturday, and a partial government shutdown will begin on Tuesday.3 trillion coronavirus aid and spending package.

Trump could also choose to take advantage of a situation known as a "pocket veto," rather than outright vetoing the coronavirus aid package.3 trillion spending bill, a package that had taken the House and Senate months to negotiate.

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