CNN 5 Things UPDATED: 12 PM ET: Shutdown countdown, US in Syria, new species discovered & more
Dec 20, 2024
As the government faces an imminent shutdown, lawmakers are in a frantic scramble for a funding agreement. Economic updates reveal a surprising dip in inflation, while US forces intensify airstrikes against ISIS in Syria. On the education front, President Biden plans to introduce more student debt relief. Plus, researchers have made an exciting discovery of 27 new species in northwestern Peru, showcasing the wonders of biodiversity.
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Shutdown Showdown
- House Republicans are considering separate votes on government funding and the debt limit to avoid a shutdown.
- This comes after a Republican spending bill failed due to Trump's demand to suspend the debt limit.
Inflation Cools
- The Federal Reserve's preferred inflation gauge rose slightly in November, less than anticipated.
- This suggests inflation isn't accelerating rapidly, but the Fed will likely remain cautious with rate cuts.
ISIS Strike in Syria
- US forces killed an ISIS leader and another operative in Syria.
- This follows multiple strikes against ISIS since the fall of Assad's regime.