• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Spending bill to avert shutdown successfully beats filibuster with hours until deadline

by March 15, 2025
by March 15, 2025

Senators voted to advance the House-passed stopgap spending bill on Friday as the deadline for a government shutdown inches closer. 

By a margin of 62-38, senators voted to advance the measure. Ten Democrats joined nearly all Republicans to overcome the filibuster. 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., voted to move the bill forward, opposing the rest of their caucus colleagues. 

The House-passed short-term spending bill, known as a continuing resolution (CR), would keep spending levels the same as fiscal year (FY) 2024 until Oct. 1. However, if a spending bill is not passed by 11:59 p.m. on Friday, the government will enter into a partial shutdown.

Democrats in the Senate were embroiled in passionate disagreement this week over what to do when the measure eventually came for the key procedural vote. In order to reach the 60-vote threshold, Republicans needed some Democratic support, as the GOP majority is only 53 seats and Sen. Rand Paul, R-Ky., planned to vote against it. 

Amid tense caucus meetings leading up to the vote, Democrats were tight-lipped, unwilling to reveal details about the discussions. During one meeting on Thursday, a senator yelled so loudly that the press could hear through thick, heavy wooden meeting room doors. The voice was identified by the press as that of Gillibrand, but her office would not confirm. 

Several Democratic senators came out against the stopgap bill ahead of the procedural hurdle, sharing that they wouldn’t vote to advance it or vote for its passage. 

However, they faced criticism from staunch government shutdown opponent Fetterman, who joked about their ‘spicy’ social media videos about voting no. 

‘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. 

‘We can all agree that it’s not a great CR, but that’s where we are, and that’s the choice,’ he emphasized. 

Schumer had initially claimed on Wednesday that his caucus was unified, and pushed for an alternative CR that would last only a month. But the Republicans did not budge on the House-passed bill that lasts the rest of the fiscal year. 

By Thursday night, Schumer revealed he would vote to advance and pass the stopgap bill, rather than providing President Donald Trump and Elon Musk with the ‘gift’ of a government shutdown. 

This was met with significant frustration from Democrats across the country and division about what party leaders should do in such circumstances. 

House Democratic leaders released a late-night statement reiterating their opposition to the CR on Thursday, and Speaker Emerita Nancy Pelosi, D-Calif., shared her own on Friday, similarly slamming the bill. 

The former speaker called on Democratic senators to ‘listen to the women’ and move forward with ‘a four-week funding extension to keep government open and negotiate a bipartisan agreement.’

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
AOC, Sanders tell supporters to mask up for West Coast town halls
next post
Feds accused of destroying Epstein evidence put on notice by GOP firebrand

Related Posts

The Savage Heart of Socialism: Fear and Loathing...

November 17, 2025

Apple’s Child-Safety Pivot Shows Shareholder Engagement Beats Divestment

November 17, 2025

The Miracle of Economic Growth

November 17, 2025

The Savage Heart of Socialism: Fear and Loathing...

November 17, 2025

Fannie Mae Set to Scrap 620 Credit Score...

November 17, 2025

Apple’s Child-Safety Pivot Shows Shareholder Engagement Beats Divestment

November 17, 2025

Zelenskyy moves to ‘clean up’ Ukraine’s energy sector...

November 17, 2025

Skies at stake: Inside the U.S.–China race for...

November 17, 2025

Skies at stake: Inside the US-China race for...

November 17, 2025

Marco Rubio says Nicolás Maduro’s Cartel de los...

November 17, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

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

Recent Posts

  • The Savage Heart of Socialism: Fear and Loathing Among the Democratic Socialists of America

    November 17, 2025
  • Apple’s Child-Safety Pivot Shows Shareholder Engagement Beats Divestment

    November 17, 2025
  • The Miracle of Economic Growth

    November 17, 2025
  • Fannie Mae Set to Scrap 620 Credit Score Minimum — Should You Care?

    November 17, 2025
  • The Savage Heart of Socialism: Fear and Loathing Among the Democratic Socialists of America

    November 17, 2025
  • Apple’s Child-Safety Pivot Shows Shareholder Engagement Beats Divestment

    November 17, 2025

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,247)
  • Editor's Pick (327)
  • Investing (185)
  • Stock (2,204)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Iran’s ‘water bankruptcy’ will weaken regime and...

November 10, 2025

Elon Musk warpath against Trump’s ‘big, beautiful...

June 5, 2025

Relative Drug Pricing is Bad Medicine

June 6, 2025