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

Optimism fades as Senate Democrats dig in, hold out over Obamacare demands

by November 7, 2025
by November 7, 2025

Any optimism either side of the aisle had that the government shutdown could end this week appeared to fade on Capitol Hill, as Senate Democrats appear ready to hold out longer for a deal on expiring Obamacare subsidies.

Senate Democrats left another long closed-door caucus lunch on Thursday, signaling a unified front as the shutdown entered its 37th day amid Republican demands to make a deal to reopen the government.

Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus are still riding high after a successful Election Day Tuesday that saw Democratic candidates pummel their Republican opponents. While there are bipartisan talks among centrist Senate Democrats and Republicans on a way out, the majority of the caucus appeared ready to hold the line.

‘We had a very good, productive meeting,’ Schumer said as he exited the lunch.

Others espoused messages of unity among the ranks and bristled that they were holding out from reopening the government.

‘It’s not about holding out,’ Sen. Elizabeth Warren, D-Mass., said. ‘We fight for access to healthcare for millions of people across this country. Affordability is a giant issue for American families. They told us that at the polls on Tuesday, but they tell us that every day of their lives.’

Senate Majority Leader John Thune, R-S.D., plans to put the House-passed continuing resolution (CR) on the floor again Friday to test Democrats’ resolve. It’s expected they’ll block the bill once again.

Thune and Republicans have remained firm in their position that the Obamacare issue would be considered after the government reopens, and he has offered Senate Democrats a vote on the matter, which is also expected to fail.

But Senate Democrats demand that President Donald Trump get involved and negotiate a deal on the expiring subsidies. Democrats also brushed aside comments from House Speaker Mike Johnson, R-La., who earlier in the day said he would not promise a vote in the House on the expiring subsidies.

‘I can tell you that Mike Johnson is only going to do what one person tells him, and that one person is Donald Trump, who has declared himself basically the Speaker of the House,’ Sen. Jacky Rosen, D-Nev., said.

Still, Senate Republicans hope that Senate Democrats will accept the offer, along with the plan to pair the CR with a trio of spending bills to jump-start the government funding process.

‘I think the clear path forward here with regard to the [Obamacare] issue, open up the government, and we head down to the White House and sit down with the president and talk about it,’ Thune said. ‘But I just, right now there is hostage taking, as you all know. The consequences are getting more pronounced.’

There is also the question of whether the Senate stays in over the weekend ahead of a scheduled recess for Veterans Day next week.

Senate Democrats want to remain, but Republicans aren’t keen to stick around unless there are signs of real progress toward reopening the government.

‘I do expect to be here this weekend,’ Sen. Gary Peters, D-Mich., said.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Vodafone and AST SpaceMobile Plan New EU Satellite Constellation
next post
Supreme Court hands Trump victory on transgender passport policy change

Related Posts

Epstein files explode open as DOJ details discovery...

December 20, 2025

Trump administration targets Maduro’s inner circle, family in...

December 20, 2025

DOJ publishes trove of Epstein files, says more...

December 20, 2025

Trump takes axe to federal red tape, cuts...

December 20, 2025

Conservative legal group sounds alarm over CDC tool,...

December 20, 2025

Here is what‘s in the Department of Justice’s...

December 20, 2025

ALEX BERENSON: Trump’s marijuana order pushes a dangerous...

December 20, 2025

New Epstein documents include photos of Bill Clinton...

December 20, 2025

Putin says Russia won’t launch new attacks on...

December 20, 2025

It’s not just Minnesota; Democrats have created welfare...

December 20, 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

  • Tesla stock plunges: what triggered sharp correction on Friday?

    December 20, 2025
  • Palo Alto Networks stock: does Google Cloud deal warrant buying it?

    December 20, 2025
  • CoreWeave stock soars on DOE news and analyst says it will go higher in 2026

    December 20, 2025
  • Europe bulletin: UK borrowing eases, France budget deadlock deepens, geopolitical risks rise

    December 20, 2025
  • Brazil’s Ibovespa gains on Blue-Chip strength amid budget vote, global cues

    December 20, 2025
  • Evening digest: Bitcoin ETF inflows surge, BOJ hikes rates, FTC Clears Nvidia-Intel deal

    December 20, 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 (3,565)
  • Editor's Pick (369)
  • Investing (296)
  • Stock (2,407)
  • 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

SCOOP: Dem fundraising giant ActBlue hit with...

July 23, 2025

FDR and the Quashing of Free Radio

October 9, 2025

Mike Johnson fires back at Hakeem Jeffries’...

October 7, 2025