Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Schumer, Dems unveil alternative shutdown plan, ask for one-year extension to Obamacare subsidies

by November 7, 2025
November 7, 2025
Schumer, Dems unveil alternative shutdown plan, ask for one-year extension to Obamacare subsidies

Senate Democrats unveiled their alternative to Republicans’ plan to reopen the government that would see an extension to expiring Obamacare credits for one year, asking that Republicans just say ‘yes.’ 

Senate Minority Leader Chuck Schumer, D-N.Y., announced the plan in dramatic fashion on the Senate floor Friday afternoon with a backdrop of the Senate Democratic caucus in a bid to show a tangible version of the newfound unity among Democrats since their Election Day sweep earlier this week. 

Schumer argued that after 14 failed votes on the House-passed continuing resolution (CR), ‘It’s clear we need to try something different.’ 

He offered to attach a one-year extension to the expiring Obamacare subsidies and to create a bipartisan committee that could negotiate further on how to deal with the subsidies after the government reopened, a clear nod to the GOP’s position that negotiations won’t happen until the government is reopened. 

‘Democrats are ready to clear the way to quickly pass a government funding bill that includes healthcare affordability,’ Schumer said. ‘Leader Thune just needs to add a clean, one-year extension of the [Obamacare] tax credits to the CR so that we can immediately address rising healthcare costs. That’s not a negotiation. It’s an extension of current law, something we do all the time around here.’

‘Now the ball is in the Republicans’ court,’ he continued. ‘We need Republicans to just say ‘yes.’’

Whether Senate Majority Leader John Thune, R-S.D., and Senate Republicans will accept the offer remains in the air. Republicans are set to meet Friday afternoon and are expected to discuss the Democrats’ olive branch. 

Initially, Thune had planned to hold a vote on the House-passed plan as a means to amend it and attach a trio of spending bills in a package, known as a minibus, to jump-start the government funding process.

However, that plan was canned Friday morning after Thune charged that the ‘wheels came off’ of ongoing bipartisan discussions with Senate Democrats on the minibus and a path forward. Now it’s likely that the Senate will vote for a 15th time on the same plan on Saturday. However, that all depends on whether they accept Senate Democrats’ offer.

It also comes after Sen. Ron Johnson, R-Wis., made a bid to have his bill that would ensure that federal workers and the military would be paid during this shutdown and future shutdowns move through a fast-track process known as unanimous consent that doesn’t require a full vote of the Senate. 

However, Sen. Gary Peters, D-Mich., blocked the bill — despite it being amended to include furloughed federal workers into the mix — over lingering concerns that it still gave President Donald Trump too much power to pick and choose ‘which federal employees are paid and when.’

That move prompted a fired-up Thune to question why, exactly, Peters, and more broadly, Senate Democrats, would object to the bill, given that it would solve a major pain point of the shutdown. He said that lawmakers would vote on the bill on Friday. 

‘In other words, we’re going to keep federal employees hostage,’ Thune said of Peters’ objection. 

‘It’s about leverage, isn’t it? That’s what ya’ll have been saying,’ he said. 

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Trump considers granting Hungary exemption on Russian oil just weeks after imposing sanctions
next post
Brennan, Strzok, Page subpoenaed as part of federal Russiagate probe: Sources

You may also like

Trump health agenda sparks revolt: 3 West Coast...

September 4, 2025

Trump DOJ releases ‘thousands’ of Epstein files to...

August 22, 2025

Taliban frees American hostage George Glezmann following negotiations...

March 20, 2025

Trump attacks Iran nuclear sites: Are our troops...

June 22, 2025

FBI botched investigation into Hillary Clinton’s emails, declassified...

July 21, 2025

MARK HALPERIN: Four people who helped drive Trump’s...

November 12, 2024

Elon Musk warns excessive spending will plunge US...

June 4, 2025

Trump says US has given Iran proposal for...

May 16, 2025

Tulsi Gabbard explains why she won’t call Edward...

February 4, 2025

Poland says Moscow is ‘mocking’ Trump with deadly...

April 14, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Dems block GOP bill ensuring federal worker, military paychecks continue during shutdown

      November 8, 2025
    • Brennan, Strzok, Page subpoenaed as part of federal Russiagate probe: Sources

      November 8, 2025
    • Schumer, Dems unveil alternative shutdown plan, ask for one-year extension to Obamacare subsidies

      November 7, 2025
    • Trump considers granting Hungary exemption on Russian oil just weeks after imposing sanctions

      November 7, 2025
    • Duffy says air travel may take ‘days if not a week’ to return to normal, even after shutdown ends

      November 7, 2025
    • Thune says ‘wheels came off’ as Republicans mull next shutdown move

      November 7, 2025

    Categories

    • Business (823)
    • Investing (661)
    • Politics (6,255)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.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 WhaleLargeCapital.com | All Rights Reserved