The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Politics

Shutdown averted after Schumer caves and backs Trump spending bill

by admin 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
Senior Islamic State leader killed in Iraq, Trump says his ‘miserable life was terminated’
next post
Why the Market is Ready to Rally!

Related Posts

Skyrocketing antisemitism in Canada sparks concern for country’s...

April 20, 2025

Trump’s MAGA imprint on GOP strong now, but...

April 26, 2025

DAVID MARCUS: GOP owes RFK Jr. big time,...

January 29, 2025

Trump says he’ll speak with Putin in call...

March 18, 2025

Trump camp confident based on early voting, while...

November 4, 2024

Trump directs Secret Service to give him ‘every...

February 9, 2025

Senate GOP pushes Trump budget framework through after...

April 5, 2025

DOGE joins budget battle on side of Defense...

March 14, 2025

Trump wants to visit China again after he...

January 19, 2025

The Hitchhiker’s Guide to what snowball fights have...

January 19, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Latest

    • The Real Drivers of This Market: AI, Semis & Robotics

      July 21, 2025
    • What Musk’s fracture with Trump means for GOP’s future: ‘Beating heart of the Republican Party’

      July 21, 2025
    • Trump’s housing chief rips Powell for blowing millions on Fed facelift during housing crisis he perpetuates

      July 21, 2025
    • Trump celebrates 6 months back in office: US ‘totally revived’ after being ‘DEAD’ under Biden

      July 21, 2025
    • Biden admin spent hefty sum of US tax dollars to upgrade embassy swimming pools in Iraq, Russia

      July 21, 2025
    • Trump heads to Scotland, continues ironing out trade deals after notching six months back in office

      July 21, 2025

    Categories

    • Business (1,299)
    • Politics (4,040)
    • Stocks (1,535)
    • Uncategorized (45)
    • World News (1,292)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, 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 thetraderharbor.com | All Rights Reserved