Berliner Boersenzeitung - Record-breaking US shutdown ends as political fallout begins

EUR -
AED 4.108631
AFN 72.718912
ALL 91.057672
AMD 404.138689
ANG 2.002333
AOA 1027.018171
ARS 1729.020675
AUD 1.621656
AWG 2.01376
AZN 1.909959
BAM 1.9623
BBD 2.256686
BDT 139.622493
BGN 1.955396
BHD 0.423298
BIF 3352.386487
BMD 1.118756
BND 1.435763
BOB 13.446541
BRL 6.151029
BSD 1.120471
BTN 105.220538
BWP 15.434677
BYN 3.355395
BYR 21927.614131
BZD 2.253477
CAD 1.576965
CDF 2595.514018
CHF 0.915886
CLF 0.027676
CLP 1089.229942
CNY 7.469377
CNH 7.462745
COP 3634.311854
CRC 508.137914
CUC 1.118756
CUP 26.891216
CVE 110.631461
CZK 24.354245
DJF 199.524609
DKK 7.475521
DOP 68.082658
DZD 152.34438
EGP 60.323863
ERN 16.781337
ETB 183.895683
FJD 2.534654
FKP 0.837714
GBP 0.834105
GEL 2.903189
GGP 0.837714
GHS 13.098388
GIP 0.837714
GMD 83.349337
GNF 9924.082884
GTQ 8.566376
GYD 235.008454
HKD 8.772763
HNL 30.114216
HRK 7.572869
HTG 146.824481
HUF 362.904219
IDR 20227.10528
ILS 3.543715
IMP 0.837714
INR 104.958595
IQD 1699.429275
IRR 2115962.181879
ISK 136.801282
JEP 0.837714
JMD 177.827184
JOD 0.793248
JPY 176.701327
KES 145.360104
KGS 97.835187
KHR 4564.917673
KMF 494.489717
KPW 1006.880197
KRW 1505.8227
KWD 0.347799
KYD 0.933863
KZT 502.232426
LAK 25207.443957
LBP 100335.927717
LKR 372.606055
LRD 190.571258
LSL 18.529735
LTL 3.303395
LVL 0.676724
LYD 7.17029
MAD 10.957897
MDL 20.027674
MGA 5091.407518
MKD 61.518753
MMK 2348.779066
MNT 4028.825441
MOP 9.049175
MRU 45.236008
MUR 52.670582
MVR 17.220986
MWK 1942.897957
MXN 20.773283
MYR 4.540802
MZN 71.483847
NAD 18.53015
NGN 1509.816716
NIO 41.23669
NOK 10.521328
NPR 168.271169
NZD 1.99359
OMR 0.430195
PAB 1.121114
PEN 3.861692
PGK 5.106565
PHP 70.755733
PKR 309.88721
PLN 4.384796
PYG 7003.819206
QAR 4.097774
RON 5.34374
RSD 117.634953
RUB 92.081868
RWF 1653.81688
SAR 4.207099
SBD 9.004399
SCR 15.485136
SDG 672.932625
SEK 10.994707
SGD 1.431901
SHP 0.837862
SLE 25.675065
SLL 23459.75515
SOS 640.326286
SRD 42.04676
STD 23155.986777
STN 24.570077
SVC 9.80849
SYP 14546.062858
SZL 18.523417
THB 37.472739
TJS 10.341155
TMT 3.915645
TND 3.354411
TOP 2.693695
TRY 56.138502
TTD 7.598536
TWD 36.737143
TZS 2959.106924
UAH 50.759638
UGX 4585.188208
USD 1.118756
UYU 45.099389
UZS 13376.308356
VES 1002.759193
VND 28545.614202
VUV 133.425135
WST 3.118894
XAF 655.957
XAG 0.02122
XAU 0.000272275241
XCD 3.023494
XCG 2.020292
XDR 0.791018
XOF 655.957
XPF 119.331742
YER 264.725556
ZAR 18.395545
ZMK 10070.139615
ZMW 22.767427
ZWL 360.238919
SSP 6427.512117
MXV 2.335285
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Record-breaking US shutdown ends as political fallout begins
Record-breaking US shutdown ends as political fallout begins / Photo: Jim WATSON - AFP

Record-breaking US shutdown ends as political fallout begins

Congress on Wednesday ended the longest government shutdown in US history -- 43 days that paralyzed Washington and left hundreds of thousands of workers unpaid while Donald Trump's Republicans and Democrats played a high-stakes blame game.

Text size:

The Republican-led House of Representatives voted largely along party lines to approve a Senate-passed package that will reopen federal departments and agencies, as many Democrats fume over what they see as a capitulation by party leaders.

"They knew that it would cause pain, and they did it anyway," House Speaker Mike Johnson said in a withering floor speech before the vote, pointing the finger for the standoff at the minority party.

"The whole exercise was pointless. It was wrong and it was cruel."

The package -- which Trump is scheduled to sign later Wednesday evening -- funds military construction, veterans' affairs, the Department of Agriculture and Congress itself through next fall, and the rest of government through the end of January.

Around 670,000 furloughed civil servants will report back to work, and a similar number who were kept at their posts with no compensation -- including more than 60,000 air traffic controllers and airport security staff -- will get back pay.

The deal also restores federal workers fired by Trump during the shutdown, while air travel that has been disrupted across the country will gradually return to normal.

The White House said the president planned to sign the bill in an Oval Office ceremony at 9:45 pm (0245 GMT).

Trump himself had little to say on the vote, although he took to social media to falsely accuse Democrats of having "cost our Country $1.5 Trillion... with their recent antics of viciously closing our Country."

The full financial toll of the shutdown has yet to be determined, although the Congressional Budget Office estimates that it has caused $14 billion in lost growth.

- 'Not backing away' -

Johnson and his Republicans had almost no room for error as their majority is down to two votes.

Democratic leadership -- furious over what they see as their Senate colleagues folding -- had urged members to vote no and all but a handful held the line.

Although polling showed the public mostly on Democrats' side throughout the standoff, Republicans are widely seen as having done better from its conclusion.

For more than five weeks, Democrats held firm on refusing to reopen the government unless Trump agreed to extend pandemic-era tax credits that made health insurance affordable for millions of Americans.

Election victories in multiple states last week gave Democrats further encouragement and a reinvigorated sense of purpose.

But a group of eight Senate moderates broke ranks to cut a deal with Republicans that offers a vote in the upper chamber on health care subsidies -- but no floor time in the House and no guarantee of action.

Democrats are now deep in a painful reckoning over how their tough stance crumbled without any notable win.

Democratic leadership is arguing that -- while their health care demands went largely unheard -- they were able to shine the spotlight on an issue they hope will power them to victory in the 2026 midterm elections.

"Over the last several weeks, we have elevated successfully the issue of the Republican health care crisis, and we're not backing away from it," House Minority Leader Hakeem Jeffries told MSNBC.

But his Senate counterpart Chuck Schumer is facing a backlash from the fractious progressive base for failing to keep his members unified, with a handful of House Democrats calling for his head.

Outside Washington, some of the party's hottest prospects for the 2028 presidential nomination added their own voices to the chorus of opprobrium.

California Governor Gavin Newsom called the agreement "pathetic," while his Illinois counterpart JB Pritzker said it amounted to an "empty promise." Former transportation secretary Pete Buttigieg called it a "bad deal."

(L.Kaufmann--BBZ)