Financial Trade Freedom - Investing and Stock News
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home News

Government shutdown enters 3rd day as Senate stalemate over Obamacare subsidies drags on

admin by admin
October 3, 2025
in News
0
Government shutdown enters 3rd day as Senate stalemate over Obamacare subsidies drags on
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The federal government entered its third day of a shutdown without a clear off-ramp in sight as the Senate gears up to once again vote on a short-term funding extension Friday.

Lawmakers will again vote on the GOP’s continuing resolution (CR) and congressional Democrats’ counter-proposal on Friday. There’s been little movement on Capitol Hill since the last failed vote, given that some either left Washington, D.C., or did not come to the Hill, in observance of Yom Kippur.

In fact, the Senate floor was open for less than three hours on Thursday, with only a handful of lawmakers giving remarks to a mostly empty chamber.

Republicans hope that more Senate Democrats will peel off and vote for their bill, but it’s unlikely. Senate Minority Leader Chuck Schumer, D-N.Y., and most of his caucus are firmly rooted in their position that expiring Obamacare tax credits must be dealt with now.

And Senate Majority Leader John Thune, R-S.D., said he isn’t planning on keeping lawmakers in town over the weekend if the House GOP’s bill fails for a fourth time. Still, bipartisan talks are happening among the rank-and-file members to find some way to reopen the government.

‘I’m glad that people are talking,’ Thune said. ‘I think there are a lot of Democrats who want out of this, you know, grapple that Schumer is running now, so I’m hoping that perhaps that will lead somewhere. But it all starts with what I’ve said before, reopen the government, and I think that’s what we got to have … happen first.’

There are some ideas being tossed back and forth among Senate Republicans and Democrats, like agreeing to work on the subsidies until Nov. 21 under the GOP plan, or compromising on a shorter CR that lasts until Nov. 1 to coincide with the beginning of open-enrollment for Obamacare.

‘We’re not asking for a full repair of a broken system,’ Sen. Elizabeth Warren, D-Mass., said. ‘We understand how badly the healthcare system is working, but it’s going to be so much worse if the Republicans continue on this path of cutting healthcare for millions of Americans.’

Thune threw cold water on the latter idea.

‘Well, and what’s the House going to come back and vote on, a one-month as opposed to seven weeks? I mean, think about this right now. We’re really kind of quibbling over pretty, pretty small stuff,’ he said.

Schumer made clear over the last several days that he wants bipartisan negotiations to craft a funding extension with Democratic and Republican input, but the GOP argues that their bill, which is backed by President Donald Trump, would unlock future bipartisan negotiations on spending bills.

But Republicans argue that his insistence on negotiating is more about political optics than actually finding a path out of the shutdown.

‘This Democrat shutdown is nothing but a cynical political shutdown, with Senator Schumer kowtowing to his radical left-wing extremists,’ Sen. Roger Marshall, R-Kan., said on the Senate floor. ‘He’s desperately recoiling, fighting to stave off a primary and to save his party from the piranhas in their own midst.’

And while talks at the lower level are ongoing, some contend that ultimately it will be Trump’s decision on what happens next.

Sen. Amy Klobuchar, D-Minn., said on the Senate floor, ‘Unfortunately, right now, our Republican colleagues are not working with us to find a bipartisan agreement to prevent the government shutdown and address the healthcare crisis.’

‘We know that even when they float ideas, which we surely do appreciate, in the end, the president appears to make the call,’ Klobuchar said. 

This post appeared first on FOX NEWS

Previous Post

Government shutdown sparks GOP plan to penalize lawmakers with new salary tax

Next Post

USD/TRY analysis: lira analysis as Turkish inflation rises

Next Post
USD/TRY analysis: lira analysis as Turkish inflation rises

USD/TRY analysis: lira analysis as Turkish inflation rises

  • Trending
  • Comments
  • Latest
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 19, 2025
How Companies Use Derivatives To Hedge Risk

How Companies Use Derivatives To Hedge Risk

February 19, 2025
KFC moves U.S. headquarters from Kentucky to Texas

KFC moves U.S. headquarters from Kentucky to Texas

February 19, 2025
Synthetic: Definition in Finance, Types of Assets

Synthetic: Definition in Finance, Types of Assets

February 19, 2025
Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

0
From tariffs to DOGE, what companies are saying about the impact of MAGA policies

From tariffs to DOGE, what companies are saying about the impact of MAGA policies

0
Tesla’s law firm drafts Delaware bill that could salvage Musk pay package

Tesla’s law firm drafts Delaware bill that could salvage Musk pay package

0
Coca-Cola takes on Olipop and Poppi with new prebiotic soda brand, Simply Pop

Coca-Cola takes on Olipop and Poppi with new prebiotic soda brand, Simply Pop

0
Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

November 1, 2025
Pfizer sues to block Novo Nordisk’s bid for Metsera in high-stakes pharma clash

Pfizer sues to block Novo Nordisk’s bid for Metsera in high-stakes pharma clash

November 1, 2025
Berkshire Hathaway delivers blowout Q3 profit as Buffett’s cash mountain keeps growing

Berkshire Hathaway delivers blowout Q3 profit as Buffett’s cash mountain keeps growing

November 1, 2025
Inside big tech’s $400 billion AI race: brilliant strategy or bubble waiting to burst?

Inside big tech’s $400 billion AI race: brilliant strategy or bubble waiting to burst?

November 1, 2025

    Get Smarter with Your Money – Sign Up for Free Financial Tips!


    Join our community of savvy savers and investors! By signing up, you'll receive weekly emails packed with personalized financial tips, budgeting hacks, and investment strategies tailored to your income level. Take control of your finances today – it’s free and only takes a minute!

    Recent News

    Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

    Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

    November 1, 2025
    Pfizer sues to block Novo Nordisk’s bid for Metsera in high-stakes pharma clash

    Pfizer sues to block Novo Nordisk’s bid for Metsera in high-stakes pharma clash

    November 1, 2025
    Berkshire Hathaway delivers blowout Q3 profit as Buffett’s cash mountain keeps growing

    Berkshire Hathaway delivers blowout Q3 profit as Buffett’s cash mountain keeps growing

    November 1, 2025
    Inside big tech’s $400 billion AI race: brilliant strategy or bubble waiting to burst?

    Inside big tech’s $400 billion AI race: brilliant strategy or bubble waiting to burst?

    November 1, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contacts
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions
    • Thank you

    Disclaimer: FinancialTradeFreedom.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 financialtradefreedom.com | All Rights Reserved