NewTradingView.com – Investing and Stock News
Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Editor's Pick

Schumer, Dems unveil alternative shutdown plan, ask for one-year extension to Obamacare subsidies

by November 7, 2025
written by November 7, 2025

Senate Democrats unveiled their alternative to Republicans’ plan to reopen the government that would see an extension to expiring Obamacare credits for one year, asking that Republicans just say ‘yes.’ 

Senate Minority Leader Chuck Schumer, D-N.Y., announced the plan in dramatic fashion on the Senate floor Friday afternoon with a backdrop of the Senate Democratic caucus in a bid to show a tangible version of the newfound unity among Democrats since their Election Day sweep earlier this week. 

Schumer argued that after 14 failed votes on the House-passed continuing resolution (CR), ‘It’s clear we need to try something different.’ 

He offered to attach a one-year extension to the expiring Obamacare subsidies and to create a bipartisan committee that could negotiate further on how to deal with the subsidies after the government reopened, a clear nod to the GOP’s position that negotiations won’t happen until the government is reopened. 

‘Democrats are ready to clear the way to quickly pass a government funding bill that includes healthcare affordability,’ Schumer said. ‘Leader Thune just needs to add a clean, one-year extension of the [Obamacare] tax credits to the CR so that we can immediately address rising healthcare costs. That’s not a negotiation. It’s an extension of current law, something we do all the time around here.’

‘Now the ball is in the Republicans’ court,’ he continued. ‘We need Republicans to just say ‘yes.’’

Whether Senate Majority Leader John Thune, R-S.D., and Senate Republicans will accept the offer remains in the air. Republicans are set to meet Friday afternoon and are expected to discuss the Democrats’ olive branch. 

Initially, Thune had planned to hold a vote on the House-passed plan as a means to amend it and attach a trio of spending bills in a package, known as a minibus, to jump-start the government funding process.

However, that plan was canned Friday morning after Thune charged that the ‘wheels came off’ of ongoing bipartisan discussions with Senate Democrats on the minibus and a path forward. Now it’s likely that the Senate will vote for a 15th time on the same plan on Saturday. However, that all depends on whether they accept Senate Democrats’ offer.

It also comes after Sen. Ron Johnson, R-Wis., made a bid to have his bill that would ensure that federal workers and the military would be paid during this shutdown and future shutdowns move through a fast-track process known as unanimous consent that doesn’t require a full vote of the Senate. 

However, Sen. Gary Peters, D-Mich., blocked the bill — despite it being amended to include furloughed federal workers into the mix — over lingering concerns that it still gave President Donald Trump too much power to pick and choose ‘which federal employees are paid and when.’

That move prompted a fired-up Thune to question why, exactly, Peters, and more broadly, Senate Democrats, would object to the bill, given that it would solve a major pain point of the shutdown. He said that lawmakers would vote on the bill on Friday. 

‘In other words, we’re going to keep federal employees hostage,’ Thune said of Peters’ objection. 

‘It’s about leverage, isn’t it? That’s what ya’ll have been saying,’ he said. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump considers granting Hungary exemption on Russian oil just weeks after imposing sanctions
next post
Brennan, Strzok, Page subpoenaed as part of federal Russiagate probe: Sources

You may also like

Trump to void all documents allegedly signed by...

November 28, 2025

NEWT GINGRICH: Republicans get second chance to finally...

November 28, 2025

How the White House turkey pardon became an...

November 27, 2025

Trump blocks South Africa from 2026 G20 summit...

November 26, 2025

Judge dismisses 2020 election interference case against Trump,...

November 26, 2025

Appeals court upholds $1 million penalty against Trump...

November 26, 2025

Politician named Adolf Hitler becomes focal point of...

November 26, 2025

Trump touts ‘progress’ on Ukraine-Russia deal, admits it’s...

November 26, 2025

US envoy gave Russian aide tips on how...

November 26, 2025

FBI nabs Florida man with alleged plan to...

November 26, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!




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

    Popular Posts

    • 1

      Gold and Silver: Gold remains stable in the $2420 zone

    • 2

      Tesla stock gains ahead of robotaxi launch: analyst sees 50% upside ahead

    • 3

      XRP price stuck under $3: can it finally break through?

    • 4

      Oil and natural gas: Oil is back on the positive side

    • 5

      The dollar index continues to pull back to a new low

    Recent Posts

    • Trump to void all documents allegedly signed by Biden via autopen, threatens perjury charge

      November 28, 2025
    • Campbell’s fires executive accused of racist remarks and labeling food for ‘poor people’

      November 28, 2025
    • NEWT GINGRICH: Republicans get second chance to finally fix healthcare

      November 28, 2025
    • How the White House turkey pardon became an American tradition

      November 27, 2025
    • Trump blocks South Africa from 2026 G20 summit for alleged ‘horrific human rights abuses’

      November 26, 2025

    Categories

    • Economy (20)
    • Editor's Pick (356)
    • Investing (20)
    • Stock (21)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: NewTradingView.com, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 NewTradingView.com All Rights Reserved.


    Back To Top
    NewTradingView.com – Investing and Stock News
    • Investing
    • Stock
    • Economy
    • Editor’s Pick