Congress is facing yet another potential government shutdown with a new deadline of November 17. Only this time, lawmakers are under further pressure to elect a new Speaker of the House while also contending with a multitude of factors, such as the Fed's higher for longer interest rates, the 2024 election, and the end of benefits from 2017 tax cuts. Jeannette Lowe, Strategas Securities Managing Director — Policy Research, joins Yahoo Finance to explain the austerity measures — or economic policies focused on relieving budget deficits — Congress may pursue to deal with these circumstances. "What we are now seeing is net interest costs above 14% of tax revenues," Lowe explains. "Historically that has been the threshold that once you reach above that level, that is where the U.S. starts to move from a period of stimulus to a period of austerity." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.