Government Shutdown’s Economic Ripple Effect: Treasury Yields Dip Amid Fiscal Uncertainty
Navigating Fiscal Stalemate: Treasury Yields Respond to Shutdown Dynamics As the partial government shutdown extends into its third week, financial…
Navigating Fiscal Stalemate: Treasury Yields Respond to Shutdown Dynamics As the partial government shutdown extends into its third week, financial…
The federal government has entered a shutdown after Senate Republicans failed to pass a funding bill for the eleventh time. The political standoff centers on healthcare provisions and could affect hundreds of thousands of federal workers and critical services across multiple agencies.
The federal government entered a shutdown early Thursday after the Senate rejected a Republican-backed continuing resolution for the eleventh time, according to reports. The 55-45 vote fell short of the 60-vote threshold needed to advance the measure, with three Democratic caucus members crossing party lines. The House had previously passed the GOP proposal in a 217-212 vote, but it required at least seven Democratic votes to clear the Senate.
Republican unity shows signs of fracturing as the government shutdown extends into record territory. Georgia Representative Marjorie Taylor Greene has publicly criticized House Speaker Mike Johnson’s strategy, calling for immediate legislative action. The impasse continues as federal workers face furloughs and Senate Democrats resist the House’s funding proposal.
As the U.S. government shutdown entered its 20th day on Monday, becoming the longest full shutdown in American history, the first noticeable crack in Republican solidarity has emerged according to reports. Marjorie Taylor Greene, the Georgia representative aligned with the party’s right flank, publicly broke with House Speaker Mike Johnson over his decision to keep Congress in extended recess.