Government Funding Bill & Senate Approval - The government funding bill has passed the House and is expected to pass the Senate [2] - A clean continuing resolution was sent to the Senate, continuing the status quo without partisan elements [3][4] - The continuing resolution extends government funding to November 21st [14] Potential Government Shutdown & Political Implications - A government shutdown would negatively impact the Democrat Party and potentially lead to a Republican victory in Virginia [4] - Chuck Schumer would be primarily blamed if the government shuts down [12] - Speculation suggests Schumer might risk a shutdown to save his own political standing [13] Appropriations Process & Bipartisan Efforts - The House Appropriations Committee, comprised of both Republicans and Democrats, has passed all 12 appropriations bills [6] - House Republicans and Democrats have been in conference with their Senate counterparts, nearing completion on three bills [7][8] - The goal is to finalize the entire 26 appropriations package [8] Obamacare Subsidies & Policy Debates - Democrats aim to debate extending Obamacare subsidies [5] - The current plan continues what was already in place, reflecting Joe Biden's budget [5] - The policy question regarding Obamacare subsidies will be addressed before the end of the year, as they expire then [20] Security Funding - Additional funding is allocated for the security of Supreme Court justices and members of Congress [12]
US Lurches Toward Shutdown as Both Parties Block Plans for Temporary Funding
Bloomberg Televisionยท2025-09-19 19:56