#government-shutdown

#government-shutdown

What Senator Schumer is suggesting is that we do the dumbest thing possible that won't work. Stupid should hurt more. Senator Schumer says we should just extend the status quo for a year. What does that mean? That means that we would have to take $35 billion of taxpayer money and give it directly to the health insurance companies without any commitment of lowering premiums.

The U.S. government shutdown has rattled air travel - most recently with an unprecedented effort from the Federal Aviation Administration to cut flights by 10% at airports nationwide. And the disruptions are causing some to instead hit the road or buy a train ticket.

implemented additional monitoring and new security controls to further protect the agency's systems

I think everybody who follows this knows that's a nonstarter. There is no way. The Obamacare extension is the negotiation. That's what we're going to negotiate once the government opens up, Thune told CBS News. He continued: But you know, a one-year extension along the lines of what they're suggesting, I think everybody knows they're and without Hyde protections it doesn't even get close.

Similarly, despite a slew of announced layoffs, the actual number of people filing for unemployment benefits - as revealed by states' releases of their weekly claims numbers - remains low for now. JPMorgan economists peg last week's initial claims at 229,000, up a bit from 220,000 the previous week but well within the low range that has prevailed all year.

Most of our family's income comes from federal funds. My husband and I both have military retirement checks, and he's a federal civilian. Our retirement pensions are not affected by the government shutdown, but my husband's paycheck is. We're on day 37 without his income, and honestly, it's surreal. While our retirements and my job will get us through, the loss of a paycheck has prompted some adjustments in our spending.

Senate Republicans are moving to try to end the government shutdown by preparing a new bipartisan package of spending bills and daring Democrats to vote for it, but it was unclear if their plan would work.Many Democrats said they would continue to hold out for an extension of expiring health care subsidies, which was not expected to be part of the legislation.

S&P 500 futures are down about 21 points. The SPDR S&P 500 ETF ( SPY) is down about a point. Dow futures are down about 126, as the Nasdaq slips about 112 points. While the day doesn't look bright, keep your eye on the 50-day moving average on the major indices. That moving average has now served as strong support a few times. And if it happens again, the major indices could bounce.

All of that changed as the vote totals rolled in. Democrats' resounding statewide victories in Virginia, New Jersey, Georgia, and elsewhere highlighted a more robust repudiation of Trump and his party than politicians from either side of the aisle had expected. Now both parties are recalibrating their shutdown strategies while the White House weighs a more direct role in cutting a deal. Any prospect of the government reopening this week appears to be slipping away.

What to watch: Senate appropriators are hustling to finish language on a three-part appropriations package, with text expected to be released as soon as Thursday evening, sources tell Axios. It's a key part of Republicans' latest offer to Democrats, which includes: Passing a stopgap funding continuing resolution until at least December 19th (final date TBD). Fully funding military construction, Veterans Affairs, the Agriculture Department and the legislative branch through the next fiscal year - taking programs like WIC and SNAP out of the shutdown equation. A promise of a vote on some kind of bill to extend the expiring Affordable Care Act subsidies - the exact substance of which is still a major question mark.