• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Shutdown averted after Schumer caves and backs Trump spending bill

by March 15, 2025
written by March 15, 2025

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 comment
0
FacebookTwitterPinterestEmail

previous post
FBI investigating rise in swatting incidents after several conservatives targeted, Kash Patel says
next post
Grenell developing ‘common sense’ plan to turn Kennedy Center financials around

related articles

DAVID MARCUS: Trump is flunking his MAGA base’s...

July 12, 2025

Inside longtime Biden aide’s marathon closed-door grilling in...

July 12, 2025

David Gergen, trusted White House advisor to 4...

July 11, 2025

Who is Ashley Williams, the longtime Biden aide...

July 11, 2025

Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with...

July 11, 2025

‘Nothing to stand on’: Ex-White House physician slams...

July 11, 2025

State Department to axe 1,800 employees

July 11, 2025

JONATHAN TURLEY: Justice Jackson plays pundit to dismay...

July 11, 2025

Biden cover-up probe heats up as another ex-White...

July 11, 2025

State Department to begin mass layoffs of about...

July 11, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

    May 2, 2025
  • Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

    April 1, 2025
  • State Dept defends human rights abuse report changes, says streamlined process eliminates ‘political bias’

    April 21, 2025
  • Trump will determine if Putin is ‘serious about negotiations’ to end Ukraine war, Rubio says

    February 16, 2025
  • Trump China tariff truce ignites stock markets – will it also pump up president’s poll numbers?

    May 12, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,320)
  • Investing (634)
  • Stock (841)

Latest Posts

  • Trump begins endorsing replacements to replenish GOP majority in House as Cabinet picks shrink lead

    November 25, 2024
  • Nvidia stock dips 5% as Broadcom surges 40% in five days

    December 17, 2024
  • How digitally native companies like Rothy’s are growing profitably in a new era for retail

    February 25, 2025

Recent Posts

  • Trump turns to Supreme Court in fight to oust Biden-era consumer safety officials

    July 3, 2025
  • Ambitions, hopes, dreams, aspirations, boys playing girls’ sports, and reparations

    October 17, 2024
  • Senate unanimously passes bill bolstering presidential candidates’ Secret Service protection

    September 24, 2024

Editor’s Pick

  • House Republicans agree on Plan B government funding bill with Trump’s debt limit increase

    December 20, 2024
  • Netanyahu’s meeting at White House up in the air as Biden recovers from COVID: report

    July 22, 2024
  • World leaders react to Trump’s sweeping tariffs: ‘tumultuous times’ ahead

    April 3, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock