U.S. government funding lapsed Friday as Congress’ efforts to pass a spending bill fizzled out in the Senate for the second time in less than a month.Despite bipartisan support for a massive budget agreement, Congress failed to approve a funding plan before the midnight Thursday deadline. It is just the latest example of gridlock on Capitol Hill during the current GOP-controlled Congress.In this case, Sen. Rand Paul, R-Ky., blocked repeated moves to vote on the measure over concerns about massive spending increases contained in the budget deal. Paul called the spending reckless and pushed for a vote on an amendment to reinstate budget caps, which Senate leadership did not allow.
Source: Government shutdown starts as Congress fails to pass spending bill – CNBC
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