Government funding
Search documents
OMB Director Russell Vought: Govt. shutdown means layoffs are coming in 1-2 days
CNBC Television· 2025-10-01 18:55
Government Shutdown Impacts - Potential federal layoffs may begin in the next one to two days [2][4] - Programs assisting women and low-income children with food could run out in one to two weeks [3] - Essential services for the American people will continue to run [4] Political Landscape - House Republicans are in discussion with the Office of Management and Budget (OMB) Director Russell Vought [1] - The Senate failed to reach an agreement on temporary government funding [5] - The Senate plans to try again to fund the government on Friday and potentially through the weekend and next week [5] Uncertainty and Duration - The exact duration of the government shutdown remains uncertain [4][6]
LIVE: White House briefs amid government shutdown and Trump layoffs threat looms
MSNBC· 2025-10-01 15:35
Government Shutdown - U S government officially shut down at midnight [1] - This marks the 15th government shutdown since 1981 [1] - There's no immediate end in sight [1] Political Standoff - President Donald Trump and congressional Democrats blamed each other for failing to reach an agreement over funding the government [1] - Congressional Democrats demand health-care policy changes that Trump and Republicans have refused to entertain [1]
Pres. Trump on government funding: We can do things in a shutdown that are irreversible
CNBC Television· 2025-10-01 12:36
Government Shutdown Impact - US government officially shut down after federal funding lapsed [1] - 750,000 federal employees are being furloughed across departments [2] - President Trump indicated potential irreversible actions, including job and program cuts [3] - The economy is set to take a hit due to the shutdown [3] Economic Losses and Recovery - The 2018-2019 partial government shutdown resulted in approximately $11 billion in business losses [4] - About $3 billion of the $11 billion losses were never recovered [4] - A prolonged shutdown could lead to some private sector entities being unable to recover lost income [5] Political and Legal Aspects - Some federal workers have already filed lawsuits against the Trump administration regarding planned reductions in force [6] - Three Democrats crossed party lines to vote with Republicans on short-term government funding [6] - 60 votes are needed in the Senate, requiring eight Senate Democrats to vote for the short-term funding [7]
Don't see any situation in which Republicans are going to negotiate right now, says Jake Sherman
CNBC Television· 2025-10-01 11:29
Government Shutdown & Funding - A US government shutdown occurred due to disagreements between Democrats and Republicans on federal spending [1] - Republicans passed a clean funding bill to extend funding until November 21st, while Democrats seek an extension of enhanced COVID-era Obamacare premium subsidies [2] - Republicans are largely unified in their stance against extending these subsidies, viewing them as not "appetizing" in the context of government funding negotiations [5][9] - A potential resolution involves extending government funding for seven weeks, with the likelihood of renewed conflict thereafter [4] Political Strategy & Negotiation - Republicans are perceived to have the upper hand and are unlikely to concede to Democratic demands [2] - The strategy involves repeatedly putting up the clean CR bill, hoping more Democrats will "fold" [3] - Exhaustion from the shutdown's impact on government services could eventually push both parties toward reopening the government [12] - Republicans are not inclined to negotiate at this time, with key figures stating they will not offer anything beyond the current proposal [11] Healthcare Debate - A central point of contention is the extension of Obamacare tax credits, initially implemented during COVID [4][19] - Republicans argue these credits were temporary and should not be part of government funding [19] - Democrats are not explicitly trying to provide healthcare to illegal immigrants through this process [17][18] - There is a disagreement on whether federal funds are indirectly covering healthcare for millions of undocumented immigrants, particularly in states like California [18] - Potential for healthcare premiums to jump 75% if the subsidies are not extended, which could create problems for Republicans [19]
What are the next steps after government shutdown?
NBC News· 2025-10-01 05:14
Government Shutdown Impact - The US government has officially shut down, leading to finger-pointing between Democrats and Republicans [1] - A potential furlough of nearly 1 million people could cost the government approximately $400 million [3] - Essential services such as infant and child formula assistance, flood insurance, and national park operations will face closures or delays [4] - TSA workers will continue working without paychecks, and social safety net benefit programs may experience delays [5] Political Maneuvering - Republicans plan to repeatedly propose a 7-week clean funding extension to pressure Democrats [7] - Democrats, led by Chuck Schumer, are resisting due to healthcare provisions that could increase premiums for millions of Americans [8] - The political fight is largely driven by the Democratic base and efforts to regain lost ground [9] Historical Context - The previous longest government shutdown lasted 35 days [2]
BREAKING: U.S. government shuts down after Congress fails to reach a funding deal
NBC News· 2025-10-01 04:38
[Music] Good evening, I'm Steven Romo. Following breaking news, as of 12:01, the government is beginning the process of shutting down. The Senate adjourning for the night after Congress tried and failed a lastminute attempt to pass a funding plan.The White House budget office sending a memo to federal agencies to start executing their plans for an orderly shutdown. In a new report, the Congressional Budget Office estimating the shutdown will lead to the furlow of about 750,000 federal employees. Workers got ...
U.S. government likely to shut down at midnight as Congressional compromise remains out of reach
CNBC Television· 2025-09-30 15:45
Government Shutdown Threat - The US Congress is facing a potential government shutdown, reminiscent of the 2018-2019 shutdown [1] - A Senate stop-gap plan to fund the government through November 21st faces challenges in securing enough votes [1] - Senate Democrats are seeking provisions related to healthcare, specifically the extension of premium tax credits under the Affordable Care Act [1] - The expiration of these credits could lead to a 75% increase in insurance prices for over 20 million Americans [1] - The White House warns of potential large-scale layoffs if the government shuts down [4] Political Positions - Senate Majority Leader John Thune suggests potential compromises on healthcare, including income caps and addressing waste, fraud, and abuse, but emphasizes the need to first keep the government funded [1][2] - House Minority Leader Hakeem Jeffries argues that Republicans, controlling the House, Senate, and White House, will bear the blame for any shutdown [3][4] - Republicans are open to discussing healthcare reforms but refuse to negotiate while the threat of a government shutdown persists [7] - Some Republicans oppose extending tax credits, citing concerns about adding hundreds of billions of dollars to the debt and deficit [7] Negotiation Impasse - There is a lack of bipartisan talks, making it unclear if a solution can be reached to prevent a shutdown [5] - Democrats suggest that President Trump may have previously shown interest in extending tax credits [6]
Watch CNBC's full interview with House Minority Leader Rep. Hakeem Jeffries
CNBC Television· 2025-09-30 13:27
Government Shutdown & Healthcare Crisis - Democrats argue Republicans' proposed spending bill attacks veterans, childcare, housing affordability, and healthcare [4] - Democrats believe Republicans' bill guts healthcare for Americans, especially when the cost of living is already too high [6] - Republicans' "one big ugly bill" is accused of cutting Medicaid, harming hospitals and clinics, and taking food from children, seniors, and veterans to fund tax breaks for billionaires, increasing the deficit by over 3 trillion dollars [8][9] - Democrats claim Republicans refuse to extend Affordable Care Act (ACA) tax credits, jeopardizing healthcare for tens of millions of Americans [13] - Democrats state that Medicare will face a 536 billion dollar cut at the end of the year if Congress doesn't act due to Republican actions [13] Affordable Care Act (ACA) & Healthcare Access - Democrats deny wanting to provide healthcare to undocumented individuals, stating federal law prohibits using taxpayer dollars for this purpose [12] - Democrats emphasize the urgency of addressing ACA tax credits, as millions of Americans will soon see their premiums, co-pays, and deductibles skyrocket [10][11] - Democrats are fighting to protect healthcare in rural, suburban, urban, and other communities across America [16] Bipartisan Agreement & Negotiation - Democrats are willing to find bipartisan common ground but oppose a partisan Republican spending bill that continues to cut healthcare [5][23] - Democrats insist that healthcare is a central issue and oppose shutting down the government [17] - Democrats propose a short-term continuing resolution similar to what was previously introduced and secured more votes in the Senate than the Republican proposal [26]
Rep. Tom Emmer: This is not the time to make a shutdown a negotiating tool
CNBC Television· 2025-09-30 11:30
Government Funding & Potential Shutdown - A government shutdown is imminent if a last-minute funding deal is not reached [1] - House Republicans passed a short-term, clean, nonpartisan extension [2] - Democrats are requesting $1.5 trillion in new spending [4] - Democrats previously supported the same type of extension 13 times under the Biden administration [3][7] Key Disputes - Disagreements exist over funding taxpayer-funded healthcare for undocumented immigrants [4][5] - Disputes arise from funding for radical news outlets ($500 million) [4] - Disputes arise from eliminating $50 billion from rural healthcare [5] - Disputes arise from billions for foreign countries' climate projects [5] Republican Stance - Republicans believe they have fulfilled their responsibility to the American people [4] - Republicans accuse Democrats of using a shutdown as a negotiating tactic [3] - Republicans state that Obamacare subsidies are an end-of-year policy issue, not a funding issue [10] - Republicans claim their proposal is a nonpartisan effort to keep the government funded [16][17]
X @Bloomberg
Bloomberg· 2025-09-29 21:50
With the Oct. 1 deadline looming, Congress faces another standoff over government funding. Here's what to know https://t.co/j4Zur7EBfw ...