Berliner Boersenzeitung - End to US government shutdown in sight as stopgap bill advances to House

EUR -
AED 4.238167
AFN 72.703472
ALL 95.948185
AMD 434.474841
ANG 2.065807
AOA 1058.243533
ARS 1578.710692
AUD 1.673208
AWG 2.080136
AZN 1.954743
BAM 1.955568
BBD 2.320714
BDT 141.382012
BGN 1.972591
BHD 0.435092
BIF 3422.586603
BMD 1.154028
BND 1.480735
BOB 7.980054
BRL 6.045144
BSD 1.152208
BTN 108.589712
BWP 15.8437
BYN 3.46021
BYR 22618.952222
BZD 2.317415
CAD 1.598825
CDF 2637.532564
CHF 0.918047
CLF 0.027134
CLP 1071.387813
CNY 7.976008
CNH 7.984283
COP 4257.660007
CRC 534.199632
CUC 1.154028
CUP 30.581747
CVE 110.256705
CZK 24.517374
DJF 205.185893
DKK 7.472638
DOP 69.466948
DZD 153.462246
EGP 60.817973
ERN 17.310423
ETB 178.075485
FJD 2.605104
FKP 0.863023
GBP 0.865054
GEL 3.110139
GGP 0.863023
GHS 12.597834
GIP 0.863023
GMD 84.818666
GNF 10101.102147
GTQ 8.81549
GYD 241.069329
HKD 9.037945
HNL 30.595517
HRK 7.532806
HTG 150.893611
HUF 388.116406
IDR 19567.701729
ILS 3.616033
IMP 0.863023
INR 109.252656
IQD 1509.468712
IRR 1515585.201475
ISK 143.387749
JEP 0.863023
JMD 181.087545
JOD 0.818156
JPY 184.228715
KES 149.79249
KGS 100.91994
KHR 4614.193034
KMF 492.770335
KPW 1038.692058
KRW 1740.384121
KWD 0.354668
KYD 0.960253
KZT 555.085707
LAK 24887.539645
LBP 103182.101767
LKR 362.375055
LRD 211.457755
LSL 19.711967
LTL 3.407546
LVL 0.69806
LYD 7.357777
MAD 10.758324
MDL 20.238373
MGA 4802.160161
MKD 61.620753
MMK 2423.440448
MNT 4135.838138
MOP 9.285077
MRU 45.961365
MUR 53.973798
MVR 17.841104
MWK 1997.950583
MXN 20.670372
MYR 4.625926
MZN 73.754093
NAD 19.711796
NGN 1597.371051
NIO 42.40185
NOK 11.165927
NPR 173.72136
NZD 2.000237
OMR 0.44372
PAB 1.152263
PEN 3.987793
PGK 4.979065
PHP 69.636342
PKR 321.664517
PLN 4.278063
PYG 7542.746226
QAR 4.201757
RON 5.095492
RSD 117.443117
RUB 93.914379
RWF 1682.605733
SAR 4.329724
SBD 9.280665
SCR 15.749408
SDG 693.570768
SEK 10.880922
SGD 1.483607
SHP 0.86582
SLE 28.331025
SLL 24199.4063
SOS 658.481987
SRD 43.34756
STD 23886.053241
STN 24.495398
SVC 10.082455
SYP 128.608212
SZL 19.709627
THB 37.930019
TJS 11.028061
TMT 4.050639
TND 3.390704
TOP 2.778622
TRY 51.305321
TTD 7.820666
TWD 36.878701
TZS 2976.223682
UAH 50.559558
UGX 4286.6032
USD 1.154028
UYU 46.717295
UZS 14035.214319
VES 537.798069
VND 30395.371077
VUV 137.356281
WST 3.173036
XAF 655.842301
XAG 0.016571
XAU 0.000259
XCD 3.118819
XCG 2.076682
XDR 0.815657
XOF 655.847983
XPF 119.331742
YER 275.408571
ZAR 19.711055
ZMK 10387.639498
ZMW 21.633404
ZWL 371.596601
  • RBGPF

    -13.5000

    69

    -19.57%

  • JRI

    -0.0300

    12.07

    -0.25%

  • BCC

    -0.3600

    74.29

    -0.48%

  • RYCEF

    -0.8200

    15.24

    -5.38%

  • CMSC

    -0.0900

    22.82

    -0.39%

  • CMSD

    0.0700

    22.75

    +0.31%

  • BCE

    -0.0200

    25.47

    -0.08%

  • NGG

    -1.8900

    82.4

    -2.29%

  • RIO

    -1.7500

    85.79

    -2.04%

  • GSK

    -0.7600

    53.94

    -1.41%

  • AZN

    -3.7400

    183.4

    -2.04%

  • BTI

    -0.1900

    58.26

    -0.33%

  • RELX

    -0.4000

    32.07

    -1.25%

  • VOD

    -0.0900

    14.63

    -0.62%

  • BP

    0.7600

    46.17

    +1.65%

End to US government shutdown in sight as stopgap bill advances to House
End to US government shutdown in sight as stopgap bill advances to House / Photo: SAUL LOEB - AFP

End to US government shutdown in sight as stopgap bill advances to House

The longest-ever US government shutdown moved forward Monday toward an eventual resolution, after several Democratic senators broke ranks to join Republicans in a 60-40 vote passing a compromise deal -- sparking intra-party backlash.

Text size:

Since October 1, the first day of the shutdown, more than a million federal workers have been unpaid, while government benefits and services have been increasingly disrupted.

Severe impacts on air traffic have begun to mount in recent days, with more than 1,000 flights canceled daily, raising the political pressure to end the stalemate.

"We'll be opening up our country very quickly," Trump told reporters in the Oval Office, adding: "the deal is very good."

With the stopgap funding bill passed through the Senate, the legislation moves to the House of Representatives for a vote, which like the Senate is controlled by Republicans. The chamber could vote on the bill as early as Wednesday to send it to Trump's desk.

"It appears to us this morning that our long national nightmare is finally coming to an end, and we're grateful for that," House Speaker Mike Johnson told reporters Monday.

"At least some Democrats now finally appear ready to do what Republicans and President Trump and millions of hardworking American people have been asking them to do for weeks."

The House -- which Johnson has kept out of session throughout the standoff -- would be called back this week, he said.

"I'd like to vote tonight after the Senate is done, but it takes everybody a while to get back" for a vote, Johnson told broadcaster CNN.

- Obamacare -

At the heart of the Senate standoff was Democrats' demand to extend health insurance subsidies expiring at the end of the year. Republicans insisted any negotiation occur after the government is re-opened.

Millions of Americans who have purchased health insurance through the "Obamacare" program would see their costs double if the subsidies are not extended.

Sunday's breakthrough agreement would re-open the government through January, with some programs funded for the full fiscal year, and reverse some of the Trump administration's firings of federal workers.

The bill notably would restore funding for the SNAP food aid program, which helps more than 42 million lower-income Americans pay for groceries.

While the Senate's Republican leadership has agreed to hold an eventual vote on health care, it does not ensure the insurance subsidies will be extended.

"After 40 days of uncertainty, I'm profoundly glad to be able to announce that nutrition programs, our veterans, and other critical priorities will have their full-year funding," Senate Majority Leader John Thune said late Sunday.

While leaders were rushing to move the bill through Congress, it could still take days to make its way to Trump's desk. Tuesday is a national holiday.

- Divided Democrats -

Senator Jeanne Shaheen, one of eight Democratic caucus members who backed the measure, said the Senate "took a big step forward towards protecting the health care of tens of millions of Americans."

She said the agreement would grant Democrats, despite being in the minority, the power to call a vote on health care legislation.

However, with the extension of the subsidies not guaranteed, the move has angered party members who preferred to keep holding out.

"Pathetic," California Governor Gavin Newsom posted on X in reaction to the announced agreement.

Top Senate Democrat Chuck Schumer voted no, saying he could "not in good faith" support a measure "that fails to address the health care crisis."

"This fight will and must continue," he vowed.

Some lawmakers criticized Schumer himself for failing to keep the Democrats united.

"Tonight is another example of why we need new leadership," Massachusetts Representative Seth Moulton said Sunday.

(Y.Berger--BBZ)