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

Whale Large Capital

Politics

Shutdown averted after Schumer caves and backs Trump spending bill

by March 15, 2025
March 15, 2025
Shutdown averted after Schumer caves and backs Trump spending bill

A government shutdown was averted just hours before the Friday 11:59 p.m. deadline after enough Democrats, including Senate Minority Leader Chuck Schumer, D-N.Y., helped Republicans defeat the filibuster. 

Senators voted 54-46 to pass the stopgap spending bill, which only needed 51 votes to be approved. Nearly all Republicans backed the measure, with only Sen. Rand Paul, R-Ky., opposing. All Democrats opposed it, with the exception of Sen. Jeanne Shaheen, D-N.H. Independent Sen. Angus King of Maine, who caucuses with the Democrats, also voted to pass the bill.

It now heads to President Donald Trump’s desk for a signature. 

The Senate earlier took a key procedural vote on a stopgap spending bill, which needed to meet a 60-vote threshold to move forward, also known as the legislative filibuster. 

House Republicans passed the short-term bill, called a continuing resolution, earlier in the week. The bill will keep spending levels the same as fiscal year (FY) 2024 until Oct. 1. 

If a spending bill was not passed by the Friday deadline, the government would enter into a partial shutdown.

During a partial government shutdown, federal agencies and non-essential services would be halted. However, government functions deemed ‘essential’ would continue. National security protocols, such as border patrol, law enforcement and disaster response, stay active during shutdowns, for example. 

The Friday evening vote to pass the six-month CR came after a critical procedural vote earlier in the afternoon. A handful of Senate Democrats provided the Republican majority with the necessary votes to overcome the filibuster and move forward with the stopgap spending bill. 

Deep divisions emerged within the Democratic Party over the past couple of days, with even House Minority Leader Hakeem Jeffries, D-N.Y., refusing to answer questions about whether he had confidence in Schumer. 

In one of several Senate caucus meetings, a senator yelled loud enough that it was heard outside of heavy, thick wooden doors. The voice was identified by the press as belonging to Sen. Kirsten Gillibrand, D-N.Y., but her office would not confirm. 

Prior to its passage, Sen. John Fetterman, D-Pa., criticized his fellow Democrats for their planned ‘no’ votes that risked a government shutdown. 

‘It wasn’t that long ago before we were lecturing that you can never shut the government down. So, that’s kind of inconsistent,’ he told reporters on Thursday.

Ahead of the final vote, 10 Democrats joined nearly all Republicans to overcome the legislative filibuster. Those senators were Senate Minority Leader Chuck Schumer, D-N.Y., Senate Minority Whip Dick Durbin, D-Ill., and Sens. Angus King, I-Maine, Brian Schatz, D-Hawaii, Catherine Cortez Masto, D-Nev., John Fetterman, D-Pa., Gary Peters, D-Mich., Maggie Hassan, D-N.H., Kirsten Gillibrand, D-N.Y., and Jeanne Shaheen, D-N.H.

The senators managed to beat the 60-vote threshold, with an ultimate margin of 62-38. 

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Iran is using drones and apps to catch women who aren’t wearing hijabs, says UN report
next post
Grenell developing ‘common sense’ plan to turn Kennedy Center financials around

You may also like

‘Blindsided’: How Stefanik’s Trump nomination as UN ambassador...

March 31, 2025

Trump appoints Alice Marie Johnson ‘pardon czar’ during...

February 21, 2025

Trump expresses ‘absolute confidence’ as Steve Witkoff is...

May 7, 2025

First American hostage to be released from Gaza,...

January 31, 2025

DOJ deploys district elections officers to handle ‘threats...

October 21, 2024

Mike Rogers replacing Wray as FBI director is...

November 22, 2024

Tulsi Gabbard scores key committee Republican’s support ahead...

February 4, 2025

Elon Musk, Vivek Ramaswamy to lead Trump’s Department...

November 13, 2024

Kremlin suggests another US-Russia prisoner swap could be...

February 20, 2025

DOGE eyes suggestions to slash federal DEI programs:...

January 17, 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

    • Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

      June 16, 2025
    • FLASHBACK: Trump launched his first presidential campaign ten years ago

      June 16, 2025
    • Mike Johnson calls off Israel trip amid Iran conflict

      June 16, 2025
    • Iran’s Mossad paranoia grows, amid fears of Israeli spies wearing ‘masks, hats and sunglasses’

      June 16, 2025
    • Trump says Iran would ‘like to talk’ about dialing down Israel-Iran conflict

      June 16, 2025
    • Israel activates ‘Barak Magen’ aerial defenses for system’s first ever interception

      June 16, 2025

    Categories

    • Business (675)
    • Investing (661)
    • Politics (4,515)
    • World News (3,030)
    • 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 © 2024 WhaleLargeCapital.com | All Rights Reserved