House Vote Expected to End Record-Breaking 43-Day Government Shutdown
CNBC TelevisionDecember 5, 20251 min29,031 views
3 connectionsΒ·5 entities in this videoβEnd of the Government Shutdown
- π A vote is expected this evening to end the record-breaking government shutdown, which has lasted for 43 days.
- ποΈ House members are back, and leadership expresses high optimism about securing the necessary votes for passage.
- π£οΈ President Donald Trump has already congratulated Republican leaders on their expected success in resolving the shutdown.
Key Support and Votes
- β Congresswoman Victoria Spartz, who previously voted against a stop-gap measure, has tweeted her support for the current bill, citing the need to open the government and pay the military.
- π° Spartz noted that the bill does not increase spending or set up a Christmas omnibus, making it acceptable for her vote.
- π€ It is anticipated that at least a couple of Democrats will cross the aisle to vote in favor of the package.
Post-Shutdown Impacts
- πΈ Expect back paychecks to reach bank accounts within the next couple of days.
- βοΈ Airports and airlines are expected to return to normal operations after weeks of disruption.
Economic Data Delays
- π The September jobs report from the Bureau of Labor Statistics (BLS) is ready for release.
- ποΈ However, the release of other economic data, particularly the October jobs report, is delayed because the personnel collecting it were not working during the shutdown.
- β³ An updated schedule for the release of economic indicators, crucial for the Fed and others, is pending and could take days or weeks.
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Whatβs Discussed
Government ShutdownHouse of RepresentativesCongressRepublican PartyDemocratic PartyBack PayEconomic DataJobs ReportBureau of Labor Statistics (BLS)Federal Reserve (Fed)Aviation OperationsMilitary Pay
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