The daily business briefing: November 16, 2023

Senators approve a stopgap bill to avert a shutdown, the FAA approves SpaceX's second Starship test flight, and more

SpaceX's Starship launches in April
SpaceX's Starship launches in April
(Image credit: Patrick T. Fallon / AFP via Getty Images)

1. Senate approves bill to avert a shutdown

The Senate on Wednesday passed a stopgap spending bill to provide several more months of funding for federal agencies and avert a government shutdown ahead of a weekend deadline. The 87-11 vote ended Congress' third fiscal standoff of the calendar year and sent the bill to President Joe Biden for his signature. The last temporary spending deal, passed in early October, sparked a revolt by a handful of far-right House Republicans who then ousted then-Speaker Kevin McCarthy (R-Calif.). McCarthy's successor, Speaker Mike Johnson (R-La.), proposed the current measure to extend funding for some agencies until Jan. 19 and others until Feb. 2. Conservatives on Wednesday torpedoed a procedural vote on advancing an appropriations bill, signaling ongoing GOP infighting over spending. Reuters, The Washington Post

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.