Stiglitz Sees Risks in U.S. Politics as Spending Deadline Nears
Government Shutdown Deadline Looms
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A U.S. government shutdown could spook investors and is the biggest threat to the stock-market rally, according to Nobel prize-winning economist Joseph Stiglitz.
Politicians are facing a Jan. 19 deadline to agree on a new spending bill and avert a shutdown. President Donald Trump blew up negotiations on a potential immigration deal last week, pushing Republicans and Democrats to harden their positions and raising the risks that the standoff will sink the budget talks.