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

Senate reaches temporary truce to end record shutdown, but January battle looms

admin by admin
November 11, 2025
in News
0
Senate reaches temporary truce to end record shutdown, but January battle looms
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Senators believe that after reaching a deal to end the longest shutdown on record, they won’t be in the same position early next year.

The bipartisan package that advanced from the Senate late Monday night would, if passed by the House this week, reopen the government until Jan. 30. Lawmakers believe that extension would give them enough time to fund the government the old-fashioned way, making another shutdown a moot point.

But that all depends on whether they can complete work on spending bills, find agreement with the House, and get them on President Donald Trump’s desk before the new deadline.

There’s also the possibility that if the guarantee for a vote on expiring Obamacare subsidies does not go how Senate Democrats want, that could significantly hamper Congress’ ability to avert yet another shutdown.

‘We’ll take them one day at a time,’ Senate Majority Leader John Thune, R-S.D., said. ‘Obviously, it’s another deadline we have to deal with. But the immediate objective is to get the government open and enable those conversations to commence.’

‘There are Democrats and Republicans who are both interested in trying to do something in the healthcare space,’ he continued. ‘And clearly, there is a need. I mean, there is an affordability issue on healthcare that has to be addressed, and the current trajectory we’re on isn’t a sustainable path.’

Sen. Richard Blumenthal, D-Conn., told Fox News Digital that Democrats needed to be united in their demand that ‘Republicans be held to their promise of having a vote on the healthcare subsidies in December.’

Thune reiterated his guarantee on Sunday and teed up the second week of December as the deadline for getting a Democratic proposal to the floor.

‘The future is unpredictable, but we need to continue our fight unequivocally, unyieldingly, for affordable healthcare insurance through extending the subsidies and other measures under the [Affordable Care Act],’ Blumenthal said. ‘Republicans have a reflexive obsession with repealing or destroying the ACA.’

The hope is that funding the government with appropriations bills will be the key to preventing another shutdown.

Senate Appropriations Chair Susan Collins, R-Maine, said that she anticipated Thune to tee up a new package of spending bills, this one combining the defense, labor, transportation and housing bills into one chunk.

‘The more appropriations bills that we’re able to pass, the better off we’re going to be, the better off the American people will be served,’ she said.

Sen. Mike Rounds, R-S.D., a member of the Senate Appropriations Committee, was unsure if lawmakers would be in the same spot again come January.

But he believed that the desire to move forward with spending bills, spurred largely by the bipartisan deal struck to reopen the government, was a good start.

‘It makes it a whole lot easier not to have a shutdown again,’ he said.

Despite the rancor and frustration from the Democratic side of the aisle over the collapse of their healthcare demand, they also want to pass bipartisan funding bills, largely in a bid to push back against cuts made by the Trump administration.

However, Sen. Chris Murphy, D-Conn., predicted that it would be quite difficult to pass a long-term bipartisan budget.

‘We cannot sign on to a long-term budget that does nothing on healthcare and has nothing to stop the destruction of our democracy,’ he said. ‘You know, there are no real protections in the short-term spending bill against Trump’s illegality.’

For now, some see the January deadline as ‘light years away,’ like Sen. John Kennedy, R-La., while others aren’t ready to make a prediction about what comes next.

‘Just one step at a time,’ Sen. Chris Van Hollen, D-Md., told Fox News Digital.

This post appeared first on FOX NEWS

Previous Post

Nvidia stock rebounds over 3%: will the rally sustain?

Next Post

Democrats, left empty-handed in shutdown, turn fury on Schumer

Next Post
Democrats, left empty-handed in shutdown, turn fury on Schumer

Democrats, left empty-handed in shutdown, turn fury on Schumer

  • 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
What does Anthropic’s massive $50B AI expansion mean for US tech industry?

What does Anthropic’s massive $50B AI expansion mean for US tech industry?

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
What does Anthropic’s massive $50B AI expansion mean for US tech industry?

What does Anthropic’s massive $50B AI expansion mean for US tech industry?

November 12, 2025
Nvidia stock is in the red on Wednesday: is AMD becoming a major threat?

Nvidia stock is in the red on Wednesday: is AMD becoming a major threat?

November 12, 2025
Europe bulletin: markets ease, EU launches ‘democracy shield,’ France halts pension reform

Europe bulletin: markets ease, EU launches ‘democracy shield,’ France halts pension reform

November 12, 2025
AMD CEO dubs spending on AI a ‘gamble’: but there’s a caveat

AMD CEO dubs spending on AI a ‘gamble’: but there’s a caveat

November 12, 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

    What does Anthropic’s massive $50B AI expansion mean for US tech industry?

    What does Anthropic’s massive $50B AI expansion mean for US tech industry?

    November 12, 2025
    Nvidia stock is in the red on Wednesday: is AMD becoming a major threat?

    Nvidia stock is in the red on Wednesday: is AMD becoming a major threat?

    November 12, 2025
    Europe bulletin: markets ease, EU launches ‘democracy shield,’ France halts pension reform

    Europe bulletin: markets ease, EU launches ‘democracy shield,’ France halts pension reform

    November 12, 2025
    AMD CEO dubs spending on AI a ‘gamble’: but there’s a caveat

    AMD CEO dubs spending on AI a ‘gamble’: but there’s a caveat

    November 12, 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