NPR News Now - NPR News: 12-20-2024 7PM EST
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Live from NPR News in Washington, I'm Jack Spear. Hours from a midnight government shutdown,
the third time was a charm.
House lawmakers approving a plan put forth
by House Speaker Mike Johnson
that would temporarily fund government operations
but drop President-elect Donald Trump's demands
to address the nation's ability to borrow
heading into the new year.
Johnson expressed satisfaction with the measure.
We are really grateful that tonight,
in bipartisan fashion, with overwhelming majority of votes,
we passed the American Relief Act of 2025.
This is a very important piece of legislation.
It funds the government, of course, until March of 2025.
That was a big priority for us.
This is America first legislation
because it allows us to be set up
to deliver for the American people.
The measure next goes to the Senate and then to President Joe Biden for his signature.
Trump had been pushing hard on the death ceiling issue, but Johnson realizing it would run into resistance,
postponed that debate until the new administration takes office.
The fact the federal government faced the prospect of a shutdown was in part due to Elon Musk,
the billionaire owner of the social media site X, has used his considerable platform to speak out about Republican-backed
plans.
NPR's Stephen Fowler has more.
Musk is not an elected official, but his proximity to President-elect Trump and high-profile
posting helped sink a bipartisan funding bill announced earlier this week.
He called it, quote, criminal, an attack language that went beyond spending to keep the government
open.
Musk also threatened to support primary challengers to anyone that voted against his wishes.
The social media frenzy caused by the world's richest man has added more conflict to an already narrow Republican House majority that has had issues governing.
Stephen Fowler, NPR News. The Biden administration has approved a new round of student loan forgiveness for some
55,000 borrowers working in public service, as Paris Cory Turner reports.
This latest effort for borrowers in the public service loan forgiveness program will provide
more than $4 billion in relief.
In a statement, President Joe Biden said his administration has now approved relief for
nearly 5 million student loan borrowers.
The news comes as Biden's largest efforts to provide loan forgiveness
have been shut down or remain tangled in the courts.
Over the past four years, the White House has argued that broad loan forgiveness is justifiable,
given the enormity of federal student loan debt.
While Republicans have countered that forgiveness not only privileges those with some college,
it's also a costly
use of taxpayer dollars that only Congress, not the White House, has the power to decide.
Corey Turner, NPR News.
The Federal Reserve's preferred inflation measure was released today and it shows prices
barely budged last month.
Prices were up one-tenth of one percent.
That's a positive sign after months of increasing price pressures and shows the central bank
may still be moving towards its goal of 2% inflation
Stocks rallied on Wall Street today after the better than expected numbers the Dow up
498 points the Nasdaq was up 199 points. This is NPR
In Germany officials at automaker
Volkswagen say a deal has been reached on wages, the agreement
warding off the prospect of plant closings there and barring involuntary layoffs through 2030.
The company did say, however, the agreement would include provisions to responsibly cut more than
35,000 jobs over that same period. A Texas death row inmate was summoned to testify before a house
panel for the first time since being convicted more than 20 years ago, but an order from the Texas Attorney General barred the
inmate from appearing.
KUT's Los Morales Lozano is the latest.
Robert Robertson was set to be executed in October.
That was halted by a group of lawmakers who believe he was convicted on bad science.
Robertson was convicted of capital murder in 2003 for the death of his two-year-old
daughter.
Prosecutors say it was from shaken baby syndrome.
Democratic state rep Joe Moody says the committee is not giving up.
There are nationwide problems in cases like this.
And I know I speak for every member of this committee when I say that we're committed to getting this right and seeing that justice is done.
Now, some on the committee would like the attorney general to testify before them.
I'm Luz Moreno Lozano in Austin, Texas.
Netflix says it secured the U.S. broadcasting rights to the Women's World Cup both in 2027
and 2031.
That says the streaming media company continues its push into live sports.
Deal announced today is the most significant the sports organizing body, FIFA, has signed
with the streaming service to carry out a major tournament.
Terms of the deal were not disclosed.
Crude oil futures prices moved higher, oil up 8 cents a barrel.
I'm Jack Spear, NPR News in Washington.