qinbafrank|Nov 07, 2025 23:20
The Democrats proposed a new plan, the market rebounded, the Republicans refused to work overtime in the Senate over the weekend, and the nuclear option is back on the table. Here's the latest update on the government shutdown from last night.
Last night, the market rebounded after Senate Democratic leader Schumer proposed a new plan to end the shutdown. In the new plan: Democrats agreed to pass a short-term government funding resolution, while Republicans would need to agree to extend Affordable Care Act tax credits for one year. This marks a shift as Democrats are no longer insisting on directly including healthcare subsidies in the funding bill.
The latest news is that Schumer's proposal was rejected by the Republicans, who strongly criticized it as completely unworkable. It's clear that Republicans are still insisting on reopening the government unconditionally before discussing healthcare subsidy issues.
At 5 PM, Trump posted a message urging the U.S. Senate not to adjourn until an agreement to end the Democratic shutdown is reached. If they fail to reach an agreement, Republicans should immediately end the prolonged debate.
The record-breaking shutdown is causing increasingly severe negative impacts. Even within the Republican Party, there are strong voices calling for an end to the shutdown, but the divisions are evident. If there’s no compromise on the issue of expiring healthcare subsidies under the Affordable Care Act, the nuclear option to abolish the filibuster rule is becoming a possibility again.
Personally, I feel like we’re getting closer to ending the shutdown. The key is whether Republicans will accept the Democrats’ proposal (which is less likely after the Democrats’ election victory this week) or go all in and use the nuclear option to abolish the filibuster rule.
Right now, my thought is, @LeaderJohnThune, maybe just go for the nuclear option. Anyway, it doesn’t seem like compromise is on the table.
This post is sponsored by meme trading tool http://(xxyy.io) | Fast trading, rich features, monitor on-chain wallets with @useXXYYio
Share To
HotFlash
APP
X
Telegram
CopyLink