News Link • Government Debt & Financing
Schumer Shutdown: Senate Refuses To Pass Continuing Resolution After Democrats Melt Down
• Zero HedgeUpdate (2130ET): Senate Minority Leader Chuck Schumer (D-NY) completely nuked any prospect of passing the House-passed continuing resolution on Wednesday, after he announced that most Democrats in the upper chamber will not support the bill, all but ensuring a government shutdown on Friday at 11:59 p.m.
"Funding the government should be a bipartisan effort, but Republicans chose a partisan path, drafting their [continuing resolution] without any input — any input — from congressional Democrats," Schumer said on the floor of the Senate late Wednesday.
"Because of that, Republicans do not have the votes in the Senate to invoke cloture on the House CR. Our caucus is unified on a clean [CR through April 11] that will keep the government open and give Congress time to negotiate bipartisan legislation that can pass."
Schumer: Republicans do not have the votes in the Senate to invoke cloture on the House CR. Our caucus is unified on a clean April 11th CR.. pic.twitter.com/Bh96hogy1x
— Acyn (@Acyn) March 12, 2025



