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GOP squabbles while shutdown threat looms on January 14, 2024 at 11:00 am Business News | The Hill

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With days to go before a Friday government funding deadline, disputes among House Republicans over a top-line spending deal and opposing strategies about how to approach any stopgap bill are threatening to plunge Washington into a partial shutdown.

Such a prospect would mark a significant setback for Speaker Mike Johnson (R-La.), who is juggling warring factions within his party as he aims to execute the first major legislative deal of his Speakership.

Efforts to fund the government saw a small sign of relief Friday when Johnson, after enduring days of sharp pushback from hard-line conservatives, said a top-line spending deal he struck with Democrats and the White House “remains” in place — a win for swing-district Republicans and appropriators who have urged Johnson to follow through with the bipartisan agreement.

But even as Johnson stuck by the deal, House Freedom Caucus Chair Bob Good (R-Va.) insisted he believed Johnson was still “legitimately considering alternatives.”

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Congress, nonetheless, will first have to pass a stopgap bill by Friday to buy the body more time to complete the dozen spending bills, appropriators in both parties say. Questions about what form that legislation takes, and how long it lasts, have moved to the front of the disputes between hard-line conservatives and moderates.

Johnson had said in November that he would not support any more short-term stopgaps, and has not explicitly said if he supports a continuing resolution this time around. Asked about a potential stopgap last week, however, the Speaker said he had not ruled anything out.

It’s not only political storms complicating the path to averting a shutdown. Cross-country winter weather over the long weekend and into the week could shuffle travel plans for lawmakers trying to get back to Washington ahead of the funding deadline — a reality that could complicate any GOP-only undertakings in the razor-thin House majority.

As part of their push to get Johnson to renegotiate spending levels and secure conservative policy priorities, hard-liners are urging the Louisiana Republican to move ahead with a long-term continuing resolution — potentially through the rest of fiscal 2024 in September — which would trigger a 1 percent across-the-board cut, a mechanism included in the debt limit deal then-Speaker Kevin McCarthy (R-Calif.) struck with President Biden last year.

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The threat of that cut, long-term stopgap advocates argue, could give Republicans leverage to secure concessions — such as changes to border policy.

“That creates the incentive to actually do the work we’re supposed to do,” Rep. Jim Jordan (R-Ohio), chair of the House Judiciary Committee, said earlier in the week.

But that patch faces roadblocks.

Johnson asked a group of moderate Republicans if they could support a full-year continuing resolution during a meeting in his office Friday morning, and nearly all lawmakers said no, according to one attendee. He then hinted at a continuing resolution that would last through February or March to buy more time to complete work on all 12 spending bills, the source added.

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Democrats, appropriators and GOP defense hawks are also balking at the prospect of a full-year continuing resolution.

“I think their fallback position is really this year-long CR, and no appropriator likes a CR,” said Rep. Tom Cole (R-Okla.), a top appropriator, noting that a clean stopgap would mean no increase to military spending. “So there’s a lot of pushback, particularly in the House Armed Services [Committee] and with defense appropriators.”

Moderates and appropriators are pushing for a short-term continuing resolution just long enough to buy lawmakers more time to finish the appropriations process, believing it is important to keep up time pressure to quickly pass more funding measures.

Rep. Dave Joyce (R-Ohio), another top appropriator, said after leaving a meeting with Johnson that it would take at least 18 to 21 days for appropriations cardinals to finish their work and hash out policy riders in the funding bills

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Other ideas are in the mix, too. Rep. Marjorie Taylor Greene (R-Ga.) said a stopgap should “just fund the basic components of our government” until new spending is approved. Rep. Kat Cammack (R-Fla.) said another concept “being kicked around now” is a “cromnibus,” which would fund government by combining a continuing resolution and a longer-term regular funding omnibus.

The Senate, meanwhile, is not waiting for Johnson to navigate his fractious, slim majority. Senate Majority Leader Chuck Schumer (D-N.Y.) took the first step toward advancing a stopgap bill Thursday, filing cloture on a shell bill that will be the vehicle for a continuing resolution. The chamber is eyeing a vote Tuesday.

But it is unclear how Johnson will handle that move from the Senate amid all the intraparty disputes — and whether he will side with the hard-liners or the appropriators. 

With time ticking until the funding deadline, the Speaker has not even explicitly said he will support any kind of stopgap — though he has said that he does not want a shutdown.

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Under the two-step deadline structure pushed by Johnson to avoid a massive omnibus funding bill, money for the energy and water programs, military construction, and the departments of Agriculture, Veterans Affairs, Transportation and Housing and Urban Development run out Jan. 19, and funding for the rest of the government expires Feb. 2.

Aside from deliberations over a stopgap bill, hard-line conservatives are demanding that border security be included in any government funding effort, pinning the politically prickly topic to the already convoluted shutdown showdown.

“We’re asking for border security to be a feature of the discussion over government funding, not just something that is resolved within some supplemental Christmas future,” said Rep. Matt Gaetz (R-Fla.), referring to the ongoing bipartisan negotiations in the Senate on border security to unlock aid for Ukraine. After months of talks, the negotiators have not unveiled a deal.

Some members of the right flank are going as far as to suggest they are willing to shut down the government if the border is not addressed in the funding fight. Asked if he was concerned about the government shutting down after the end of the week, Rep. Byron Donalds (R-Fla.), a member of the House Freedom Caucus, responded “no.”

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“The government’s not doing its job anyway, so whether it’s open or closed, in my view, is largely irrelevant,” he said. “It’s not doing its job.”

Mike Lillis and Aris Folley contributed.

​House, Business, News With days to go before a Friday government funding deadline, disputes among House Republicans over a top-line spending deal and opposing strategies about how to approach any stopgap bill are threatening to plunge Washington into a partial shutdown. Such a prospect would mark a significant setback for Speaker Mike Johnson (R-La.), who is juggling warring…  

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2 Comments

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    April 3, 2024 at 9:28 pm

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Google Accused Of Favoring White, Asian Staff As It Reaches $28 Million Deal That Excludes Black Workers

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Google has tentatively agreed to a $28 million settlement in a California class‑action lawsuit alleging that white and Asian employees were routinely paid more and placed on faster career tracks than colleagues from other racial and ethnic backgrounds.

How The Discrimination Claims Emerged

The lawsuit was brought by former Google employee Ana Cantu, who identifies as Mexican and racially Indigenous and worked in people operations and cloud departments for about seven years. Cantu alleges that despite strong performance, she remained stuck at the same level while white and Asian colleagues doing similar work received higher pay, higher “levels,” and more frequent promotions.

Cantu’s complaint claims that Latino, Indigenous, Native American, Native Hawaiian, Pacific Islander, and Alaska Native employees were systematically underpaid compared with white and Asian coworkers performing substantially similar roles. The suit also says employees who raised concerns about pay and leveling saw raises and promotions withheld, reinforcing what plaintiffs describe as a two‑tiered system inside the company.

Why Black Employees Were Left Out

Cantu’s legal team ultimately agreed to narrow the class to employees whose race and ethnicity were “most closely aligned” with hers, a condition that cleared the path to the current settlement.

The judge noted that Black employees were explicitly excluded from the settlement class after negotiations, meaning they will not share in the $28 million payout even though they were named in earlier versions of the case. Separate litigation on behalf of Black Google employees alleging racial bias in pay and promotions remains pending, leaving their claims to be resolved in a different forum.

What The Settlement Provides

Of the $28 million total, about $20.4 million is expected to be distributed to eligible class members after legal fees and penalties are deducted. Eligible workers include those in California who self‑identified as Hispanic, Latinx, Indigenous, Native American, American Indian, Native Hawaiian, Pacific Islander, and/or Alaska Native during the covered period.

Beyond cash payments, Google has also agreed to take steps aimed at addressing the alleged disparities, including reviewing pay and leveling practices for racial and ethnic gaps. The settlement still needs final court approval at a hearing scheduled for later this year, and affected employees will have a chance to opt out or object before any money is distributed.

H2: Google’s Response And The Broader Stakes

A Google spokesperson has said the company disputes the allegations but chose to settle in order to move forward, while reiterating its public commitment to fair pay, hiring, and advancement for all employees. The company has emphasized ongoing internal audits and equity initiatives, though plaintiffs argue those efforts did not prevent or correct the disparities outlined in the lawsuit.

For many observers, the exclusion of Black workers from the settlement highlights the legal and strategic complexities of class‑action discrimination cases, especially in large, diverse workplaces. The outcome of the remaining lawsuit brought on behalf of Black employees, alongside this $28 million deal, will help define how one of the world’s most powerful tech companies is held accountable for alleged racial inequities in pay and promotion.

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Luana Lopes Lara: How a 29‑Year‑Old Became the Youngest Self‑Made Woman Billionaire

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At just 29, Luana Lopes Lara has taken a title that usually belongs to pop stars and consumer‑app founders.

Multiple business outlets now recognize her as the world’s youngest self‑made woman billionaire, after her company Kalshi hit an 11 billion dollar valuation in a new funding round.

That round, a 1 billion dollar Series E led by Paradigm with Sequoia Capital, Andreessen Horowitz, CapitalG and others participating, instantly pushed both co‑founders into the three‑comma club. Estimates place Luana’s personal stake at roughly 12 percent of Kalshi, valuing her net worth at about 1.3 billion dollars—wealth tied directly to equity she helped create rather than inheritance.

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Kalshi itself is a big part of why her ascent matters.

Founded in 2019, the New York–based company runs a federally regulated prediction‑market exchange where users trade yes‑or‑no contracts on real‑world events, from inflation reports to elections and sports outcomes.

As of late 2025, the platform has reached around 50 billion dollars in annualized trading volume, a thousand‑fold jump from roughly 300 million the year before, according to figures cited in TechCrunch and other financial press. That hyper‑growth convinced investors that event contracts are more than a niche curiosity, and it is this conviction—expressed in billions of dollars of new capital—that turned Luana’s share of Kalshi into a billion‑dollar fortune almost overnight.

Her path to that point is unusually demanding even by founder standards. Luana grew up in Brazil and trained at the Bolshoi Theater School’s Brazilian campus, where reports say she spent up to 13 hours a day in class and rehearsal, competing for places in a program that accepts fewer than 3 percent of applicants. After a stint dancing professionally in Austria, she pivoted into academics, enrolling at the Massachusetts Institute of Technology to study computer science and mathematics and later completing a master’s in engineering.

During summers she interned at major firms including Bridgewater Associates and Citadel, gaining a front‑row view of how global macro traders constantly bet on future events—but without a simple, regulated way for ordinary people to do the same.

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That realization shaped Kalshi’s founding thesis and ultimately her billionaire status. Together with co‑founder Tarek Mansour, whom she met at MIT, Luana spent years persuading lawyers and U.S. regulators that a fully legal event‑trading exchange could exist under commodities law. Reports say more than 60 law firms turned them down before one agreed to help, and the company then spent roughly three years in licensing discussions with the Commodity Futures Trading Commission before gaining approval. The payoff is visible in 2025’s numbers: an 11‑billion‑dollar valuation, a 1‑billion‑dollar fresh capital injection, and a founder’s stake that makes Luana Lopes Lara not just a compelling story but a data point in how fast wealth can now be created at the intersection of finance, regulation, and software.

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Harvard Grads Jobless? How AI & Ghost Jobs Broke Hiring

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America’s job market is facing an unprecedented crisis—and nowhere is this more painfully obvious than at Harvard, the world’s gold standard for elite education. A stunning 25% of Harvard’s MBA class of 2025 remains unemployed months after graduation, the highest rate recorded in university history. The Ivy League dream has become a harsh wakeup call, and it’s sending shockwaves across the professional landscape.

Jobless at the Top: Why Graduates Can’t Find Work

For decades, a Harvard diploma was considered a golden ticket. Now, graduates send out hundreds of résumés, often from their parents’ homes, only to get ghosted or auto-rejected by machines. Only 30% of all 2025 graduates nationally have found full-time work in their field, and nearly half feel unprepared for the workforce. Go to college, get a good job“—that promise is slipping away, even for the smartest and most driven.​

Tech’s Iron Grip: ATS and AI Gatekeepers

Applicant tracking systems (ATS) and AI algorithms have become ruthless gatekeepers. If a résumé doesn’t perfectly match the keywords or formatting demanded by the bots, it never reaches human eyes. The age of human connection is gone—now, you’re just a data point to be sorted and discarded.

AI screening has gone beyond basic qualifications. New tools “read” for inferred personality and tone, rejecting candidates for reasons they never see. Worse, up to half of online job listings may be fake—created simply to collect résumés, pad company metrics, or fulfill compliance without ever intending to fill the role.

The Experience Trap: Entry-Level Jobs Require Years

It’s not just Harvard grads who are hurting. Entry-level roles demand years of experience, unpaid internships, and portfolios that resemble a seasoned professional, not a fresh graduate. A bachelor’s degree, once the key to entry, is now just the price of admission. Overqualified candidates compete for underpaid jobs, often just to survive.

One Harvard MBA described applying to 1,000 jobs with no results. Companies, inundated by applications, are now so selective that only those who precisely “game the system” have a shot. This has fundamentally flipped the hiring pyramid: enormous demand for experience, shrinking chances for new entrants, and a brutal gauntlet for anyone not perfectly groomed by internships and coaching.

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Burnout Before Day One

The cost is more than financial—mental health and optimism are collapsing among the newest generation of workers. Many come out of elite programs and immediately end up in jobs that don’t require degrees, or take positions far below their qualifications just to pay the bills. There’s a sense of burnout before careers even begin, trapping talent in a cycle of exhaustion, frustration, and disillusionment.

Cultural Collapse: From Relationships to Algorithms

What’s really broken? The culture of hiring itself. Companies have traded trust, mentorship, and relationships for metrics, optimizations, and cost-cutting. Managers no longer hire on potential—they rely on machines, rankings, and personality tests that filter out individuality and reward those who play the algorithmic game best.

AI has automated the very entry-level work that used to build careers—research, drafting, and analysis—and erased the first rung of the professional ladder for thousands of new graduates. The result is a workforce filled with people who know how to pass tests, not necessarily solve problems or drive innovation.

The Ghost Job Phenomenon

Up to half of all listings for entry-level jobs may be “ghost jobs”—positions posted online for optics, compliance, or future needs, but never intended for real hiring. This means millions of job seekers spend hours on applications destined for digital purgatory, further fueling exhaustion and cynicism.

Not Lazy—Just Locked Out

Despite the headlines, the new class of unemployed graduates is not lazy or entitled—they are overqualified, underleveraged, and battered by a broken process. Harvard’s brand means less to AI and ATS systems than the right keyword or résumé format. Human judgment has been sidelined; individuality is filtered out.

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What’s Next? Back to Human Connection

Unless companies rediscover the value of human potential, mentorship, and relationships, the job search will remain a brutal numbers game—one that even the “best and brightest” struggle to win. The current system doesn’t just hurt workers—it holds companies back from hiring bold, creative talent who don’t fit perfect digital boxes.

Key Facts:

  • 25% of Harvard MBAs unemployed, highest on record
  • Only 30% of 2025 grads nationwide have jobs in their field
  • Nearly half of grads feel unprepared for real work
  • Up to 50% of entry-level listings are “ghost jobs”
  • AI and ATS have replaced human judgment at most companies

If you’ve felt this struggle—or see it happening around you—share your story in the comments. And make sure to subscribe for more deep dives on the reality of today’s economy and job market.

This is not just a Harvard problem. It’s a sign that America’s job engine is running on empty, and it’s time to reboot—before another generation is locked out.

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