Is the U.S. government shutdown about to end? Senate Majority Leader: Centrist Democrats are ready to "yield"

According to the latest report from POLITICO, Senate Majority Leader John Thune revealed that the deadlock between the two parties may soon see a breakthrough, and hopes for the government to reopen are warming up. (Background: The U.S. government shutdown continues) (Previous context: The Senate has voted down the funding bill for the 12th time, with the healthcare reform and military pay crisis worsening.) (Background supplement: The U.S. government shutdown has led to “sluggish encryption regulation”: Litecoin ETF stalled, all 90 applications called off.) The federal government has been shut down since October 1, with the shutdown period approaching a month, affecting millions of people's lives and the livelihoods of hundreds of thousands of federal employees. The Democrats and Republicans remain deadlocked over the budget and policy conditions, and both sides have yet to reach a consensus. However, according to POLITICO's latest report, Senate Majority Leader John Thune revealed that the deadlock between the two parties may soon see a breakthrough, and hopes for the government to reopen are warming up. Centrist Democrats are preparing to make concessions. Thune stated that he believes there are signs of improvement in the bipartisan negotiations. External pressures, such as food benefits about to be cut off, delays in air travel, and the largest union of federal employees issuing a new statement strongly urging lawmakers to end the shutdown, are accelerating the negotiation process. Thune further pointed out that he and his Senate allies, along with House Speaker Mike Johnson and other House Republican leaders, are increasingly convinced that enough centrist Democrats are ready to concede, possibly as early as next week. Additionally, according to five insiders, Republican leaders are quietly ramping up internal discussions and actively planning the next steps. The current focus is on a new stopgap funding bill, with dozens of proposals already put forward, including extending government funding until around January 21 or even later until March. White House officials hope the stopgap funding can last as long as possible, even all the way to December 2026. At the same time, Republicans have privately made commitments to Democrats: once the government reopens, the two-party spending bill will be activated immediately. The first will promote a package bill that includes agricultural funding, followed by a second phase bill covering defense and labor, health, and public services. Regarding the core issue of the shutdown that the Democrats care most about: healthcare, Thune also stated that Trump is willing to meet with Democratic leaders as soon as next week to discuss the subsidies of the Affordable Care Act (ACA) that are set to expire at the end of 2025, but on the condition that the government must first reopen. Negotiations still have variables. Although the Republicans express optimism, Democrats have not publicly indicated any retreat. Senate Minority Leader Chuck Schumer stated during an interview on Tuesday that he believes after November 1, the Republicans will face “greater pressure to negotiate with us.” However, an increasing number of Democratic lawmakers, including prominent progressives like Illinois Senator Dick Durbin and Massachusetts Senator Elizabeth Warren, have expressed support for passing a standalone bill to alleviate the impact of the shutdown on the public. However, the situation is still full of variables, with pressure and expectations coexisting both inside and outside Capitol Hill. Related reports: How powerful is the president's pardon power? What are the limitations? Binance CZ: Thank you very much for Trump's pardon! I will work to make America the leading country in encryption. The U.S. government plans to “directly invest” in quantum computing companies; is Trump-style capitalism coming? <Is the U.S. government shutdown about to end? Senate Majority Leader: Centrist Democrats are preparing to “concede”> This article was first published on BlockTempo, the most influential blockchain news media.

TRUMP-0.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)