The Financial Comet
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Financial Comet

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

previous post
Senior Islamic State leader killed in Iraq, Trump says his ‘miserable life was terminated’
next post
Spending bill to avert shutdown successfully beats filibuster with hours until deadline

Related Posts

Father of Hamas’ youngest hostages is released —...

February 2, 2025

Third top Pentagon aide Collin Carroll on administrative...

April 17, 2025

Trump announces new ‘serious power’ fighter jets for...

April 30, 2025

WATCH: AOC holds Queens town hall as 2028...

May 3, 2025

Trump calls for Jordan, Egypt to accept more...

January 27, 2025

Founder of Catholic ministry Word on Fire to...

March 3, 2025

Trump envoy doesn’t believe Putin wants to take...

March 24, 2025

Bipartisan senators’ bill would require Congress to approve...

April 4, 2025

Rosie O’Donnell flees US after Trump win, won’t...

March 12, 2025

Bipartisan senators push tougher penalties for foreign-backed crimes...

April 17, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


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

    Editors’ Picks

    • 1

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 2

      DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

      January 28, 2025
    • 3

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 4

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 5

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 27, 2025
    • 6

      UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing

      January 27, 2025
    • 7

      Coral bleaching on Australia’s Great Barrier Reef reaches ‘catastrophic’ levels, study finds

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thefinancialcomet.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 thefinancialcomet.com | All Rights Reserved