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

Republicans, Dems break through resistance, move forward with Trump-backed funding package

by January 31, 2026
by January 31, 2026

Senate Republicans and Democrats locked in an agreement to move forward with a behemoth funding package, smashing through resistance on both sides of the aisle. 

Senate Majority Leader John Thune, R-S.D., teed up the final vote for the package Friday after hours of quelling resistance among Senate Republicans. Lawmakers will plow through several amendments before voting on the package, which is expected to pass and head to the House. 

That also means that, despite their best efforts, a government shutdown is all but guaranteed given that the deadline to fund the government is midnight Friday. 

The move came after President Donald Trump intervened to strike a deal with Senate Minority Leader Chuck Schumer, D-N.Y., Thursday, which will strip out the controversial Department of Homeland Security funding bill and tee up a two-week funding extension to keep the agency afloat. 

Trump urged Senate Republicans to support the plan in a post on Truth Social, where he argued that the only thing ‘that can slow our Country down is another long and damaging Government Shutdown’

‘I am working hard with Congress to ensure that we are able to fully fund the Government, without delay,’ Trump said. ‘Republicans and Democrats in Congress have come together to get the vast majority of the Government funded until September, while at the same time providing an extension to the Department of Homeland Security (including the very important Coast Guard, which we are expanding and rebuilding like never before).

‘Hopefully, both Republicans and Democrats will give a very much-needed Bipartisan ‘YES’ Vote,’ he continued.

It’s a bitter pill for Senate Republicans, who pushed onward with the original six-bill funding package despite Senate Democrats making clear that they would not support it if the DHS bill was still attached. 

Still, the successful first step virtually guarantees that the new, skinnier five-bill bundle and two-week continuing resolution (CR) will advance out of the Senate.

But it won’t prevent a partial government shutdown. 

That’s because the modification to the package, coupled with the CR for DHS, will need to be agreed to by the House, which is not in session until next week, at the earliest. From there, it is unclear how long it will take lawmakers in the lower chamber to process the bill, and resistance is mounting among angry fiscal hawks.

But Democrats aren’t walking away with everything they want, either. Before rapidly unifying behind the plan to block the DHS bill, Democratic leadership argued that a CR of any kind would effectively allow Trump to have a ‘slush fund’ for immigration operations.

Renegotiating the Homeland Security funding bill could backfire, too, given that congressional Democrats originally agreed to the restrictions baked into the current legislation and Republicans aren’t thrilled to relitigate the bill.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Senate passes federal funding compromise as Democrats score victory in DHS revolt
next post
Trump says Iran already has US terms as military strike clock ticks

Related Posts

Warsh: The Fed Helped Create Fiscal Dominance

March 13, 2026

The End of Pax Americana

March 13, 2026

Entrepreneurs Take on the Funeral Monopoly: When Selling...

March 12, 2026

The Fed Has a Groupthink Problem. Warsh Can...

March 12, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 12, 2026

US diplomatic facility in Iraq struck by drone

March 12, 2026

171 million travelers face airport delays as Democrats’...

March 12, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 12, 2026

FDA launches new AI-powered system to track drug...

March 12, 2026

DAVID MARCUS: Sen Thune has no idea how...

March 12, 2026

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

  • COWZ stock: Is it safe to buy this dividend ETF dip?

    March 14, 2026
  • Nvidia stock in the red today: what to expect at GTC

    March 14, 2026
  • Tesla stock trades in red, but 3 big catalysts say buy the dip now

    March 14, 2026
  • Ulta Beauty stock’s post-earnings sell-off is a gift for long-term investors

    March 14, 2026
  • Is AMD stock’s latest dip a warning sign or a buying chance?

    March 14, 2026
  • Why is BBAI stock tanking to $3.91 on huge volume?

    March 14, 2026

Editors’ Picks

  • 1

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

    March 26, 2025
  • 2

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

    February 23, 2025
  • 3

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

    February 21, 2025
  • 4

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

    February 25, 2025
  • ‘The Value of Others’ Isn’t Especially Valuable

    April 17, 2025
  • 6

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

    February 20, 2025
  • 7

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

    March 1, 2025

Categories

  • Economy (4,442)
  • Editor's Pick (553)
  • Investing (713)
  • Stock (2,795)
  • 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

UK, France, Germany trigger UN sanctions on...

August 29, 2025

Trump DOJ handing Epstein documents to House...

August 19, 2025

American Bar Association blasts Bondi’s decision to...

June 12, 2025