Bipartisan Agreement Concludes 43-Day Government Shutdown, Delaying Healthcare Dispute
- U.S. House to vote on bipartisan deal ending 43-day government shutdown, with short-term funding extending through January 30. - Agreement includes three-year appropriations bills but fails to extend Affordable Care Act subsidies, sparking Democratic criticism over unmet healthcare demands. - Economic fallout includes 1.5% GDP growth drop, unpaid federal workers, and disrupted SNAP programs affecting 42 million Americans. - Market rebounded with Bitcoin surging past $106,000, but partisan tensions persis
The U.S. House is preparing to vote on a cross-party agreement aimed at ending the 43-day government shutdown—the longest in recent memory—as lawmakers rush to prevent additional economic and bureaucratic consequences. The Senate approved a temporary funding measure on Monday evening, which is anticipated to pass in the Republican-controlled House despite Democratic concerns about the absence of healthcare subsidies. President Donald Trump described the bill as a "major win," but dissatisfaction persists among critics from both parties, according to
The deal, negotiated by Senate Majority Leader John Thune and several centrist Democrats, features a "minibus" package containing three full-year appropriations bills to keep essential agencies funded through January 30, and also extends overall government funding to that date, as reported by
This compromise was reached after prolonged and difficult talks, with Republicans initially dismissing Democratic proposals to reopen the government in return for healthcare measures. Thune labeled those offers as "dead on arrival," insisting on prioritizing immediate funding needs over broader policy disputes, as reported by
Democratic leadership is dealing with internal criticism, especially directed at Senate Minority Leader Chuck Schumer, who has faced harsh rebukes from progressive groups and lawmakers for not achieving more substantial concessions. Organizations such as MoveOn and the Progressive Change Campaign Committee have called for Schumer to step down, characterizing the resolution as a "capitulation" to Republican obstinacy, according to
The shutdown has had significant economic repercussions, with the Congressional Budget Office projecting a 1.5 percentage point drop in annualized GDP growth by mid-November, according to
The approval of the resolution has sparked a rally in the markets, with
As the House prepares to meet again, Speaker Mike Johnson is under pressure to secure nearly unanimous Republican backing to ensure the bill’s passage, as only two defections can be afforded. The legislation will then go to Trump for his signature, potentially bringing the shutdown to a close before the November 15 deadline, according to
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNY projects a $3.6 trillion stablecoin market, contingent upon regulatory clarity and institutional cooperation
- BNY Mellon forecasts $3.6T stablecoin/tokenized cash market by 2030, driven by institutional adoption and regulatory progress. - EU MiCA and U.S. GENIUS Act (2025) mandate 100% reserve backing, fostering institutional confidence through clear compliance standards. - JPMorgan's JPMD stablecoin and USDsui's yield-focused model exemplify institutional blockchain integration for faster payments and liquidity. - Regulatory fragmentation and UK-style reserve caps could hinder growth, while permissioned chains

XRP Reserve Shrinks by 140,158,000, Who’s Buying?
SKY Surges 14% as Savings TVL Passes $4 Billion

A Major Economy Plans to Sell All the Bitcoin and Altcoins It Has Seized – Here Are the Details