U.S. lawmakers are on a strict timeline to avoid a government shutdown and pass a new federal spending bill by October 1. Senator Ron Johnson (R-Wi.) joins Yahoo Finance Live to critique recurring shutdown woes and outline several legislative solutions to this problem.
"If there's such dysfunction, you don't fund government, you don't fund a particular agency, you don't shut it down — you just continue funding it at last year's level until you do get your act together," Sen. Johnson says. "These government showdowns are ridiculous. they cost the government money. you always end up with some measured [continuing resolution]."
Sen. Johnson calls for "discipline" between both congressional houses in passing appropriation bills. The senator also comments on Amazon's (AMZN) antitrust suit filed by the FTC, Speaker McCarthy's leadership, Former President Trump's comments on spending, and President Biden's overall economic policy.
