Morning Business Report: Government shutdown bill faces hurdles

(LILAMAX)- House Republicans have introduced a bill aimed at preventing a government shutdown ahead of Friday’s deadline. The proposal includes a modest increase in defense spending while reducing funding for non-defense programs—an approach unlikely to gain Democratic support, as they have long pushed for balanced spending across both sectors.

Changes are coming to the Transportation Security Administration (TSA). The Department of Homeland Security reports that at 86% of U.S. airports, TSA officers are working full-time on union matters rather than conducting screenings. Since these officers are paid by the government but lack screening certification, adjustments may be on the horizon.

Despite market turbulence, Wall Street closed the week with gains. The Nasdaq entered correction territory as inflation-driven tariffs and declining consumer confidence weighed on investors.

Financial experts strongly recommend using tax refunds to pay off high-interest debt, such as credit cards or payday loans. Any remaining funds should be set aside for emergency savings, ensuring financial stability in uncertain times.

A new Talker Research survey conducted for SeaPak reveals that parents of school-aged children spend an average of 67 hours per year negotiating with their kids, particularly over food choices. The study found that nearly half of parents worry that their child’s picky eating habits are negatively affecting their nutrition.