President Donald Trump announced that an agreement to end the 41-day government shutdown is 'very soon' after a bipartisan Senate deal passed, though House Democrats remain opposed over the lack of guaranteed ACA subsidies.
President Donald Trump has indicated that a resolution to the 41-day government shutdown, the longest in U.S. history, is imminent. His statement came after the Senate passed a bipartisan deal with a 60-40 vote, seeing eight moderate Democrats join Republicans. This agreement proposes to extend government funding until the end of January, allowing for further negotiations on issues like Affordable Care Act (ACA) health plan subsidies. While moderate Democrats defended their vote as a crucial first step, Democratic leaders in the House, including Chuck Schumer and Hakeem Jeffries, have strongly voiced opposition, citing the deal's failure to guarantee ACA tax credits, which they argue will lead to increased healthcare costs. The full backing of the White House and House GOP leadership for this specific deal remains to be seen, despite Trump's optimism. In unrelated news, Trump issued pardons for Rudy Giuliani, Sydney Powell, and others involved in the 2020 fake elector scheme, and was booed at an NFL game where he claimed grocery prices were 'way down.' Global stock markets rallied on Monday morning in anticipation of the shutdown's potential end.