Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Economy News

$174B spending package to avert shutdown clears key hurdle in Senate

admin by admin
January 15, 2026
in Economy News
0
$174B spending package to avert shutdown clears key hurdle in Senate
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Senate advanced a three-bill spending package through its final procedural hurdle on Thursday, teeing up a final vote later in the day.

Lawmakers are in a mad dash to avert a partial government shutdown after just exiting the longest closure in history a few short months ago, and they have a deadline on Jan. 30 to beat.

Thursday’s first vote was a key test of whether the warring parties could come together or again fall victim to political divisions as they did in September. The overwhelmingly bipartisan vote proved, for now, that Senate Republicans and Democrats have a truce in the government funding battle.

The roughly $174 billion package, which cruised through the House last week, includes funding bills for commerce, justice, science and related agencies; energy and water development and related agencies; and interior, environment and related agencies.

If passed later on Thursday, it’ll mark six total spending bills that lawmakers have put on President Donald Trump’s desk.

But it’s only halfway to the magic dozen that are needed to fund the government. Many lawmakers acknowledge that given the short amount of time left before the deadline, and lingering issues with the Department of Homeland Security (DHS) funding bill, a short-term funding extension, known as a continuing resolution (CR), will be needed to prevent a shutdown.

Senate Majority Leader John Thune, R-S.D., was hopeful that another round of funding bills brewing in the House could solve the DHS issue. But he didn’t shut down the possibility that lawmakers may need to use a CR just for that agency as political divisions bubble up.

‘That will be the hardest one for sure,’ Thune said. ‘And I can’t predict what happens, but I think you have to, you know, reserve some optionality.’

Congressional Democrats have put their foot down on the DHS funding bill, demanding restrictions on Immigration and Customs Enforcement (ICE) agents in the wake of the shooting of Renee Nicole Good by an ICE agent.

But it’s unlikely Republicans will play ball with that request, meaning the bill will stay in limbo for the time being. That divide won’t be an easy mountain to climb, and the Senate is gearing up to leave for a week, returning to Washington, D.C., the week of the funding deadline.

Senate Democrats also don’t want to turn to a year-long CR, a good sign that Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus are serious about finishing the work of funding the government.

Earlier this week, Schumer lauded Democratic negotiators who worked on the package, and noted that it was full of their own spending priorities meant to push back against Trump.

‘Their leadership stopped the worst of Donald Trump’s devastating cuts, protected investments that millions of Americans depend on, from education to housing to jobs,’ Schumer said. ‘Though this isn’t the finish line, it’s a good step in the right direction.’

This post appeared first on FOX NEWS
Previous Post

Trump says exiled Iranian prince ‘seems very nice,’ doubts whether he has backing to lead the country

Next Post

Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”

Next Post
Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”

Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”

  • Trending
  • Comments
  • Latest
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

Starbucks to pay about $35M to NYC workers to settle claims it violated labor law

December 3, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Yum Brands begins strategic review for struggling Pizza Hut chain

Yum Brands begins strategic review for struggling Pizza Hut chain

November 5, 2025
X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?

X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?

X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?

January 15, 2026
American Eagle Continues to Expand South Zone near Surface Mineralization: Highlights Include 140 m of 0.74% Copper Eq. and 130 m of 0.62% Copper Eq.

American Eagle Continues to Expand South Zone near Surface Mineralization: Highlights Include 140 m of 0.74% Copper Eq. and 130 m of 0.62% Copper Eq.

January 15, 2026
Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”

Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”

January 15, 2026
$174B spending package to avert shutdown clears key hurdle in Senate

$174B spending package to avert shutdown clears key hurdle in Senate

January 15, 2026

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent News

    X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?

    X Bans InfoFi Projects, KAITO Plummets 20% — Is This the End?

    January 15, 2026
    American Eagle Continues to Expand South Zone near Surface Mineralization: Highlights Include 140 m of 0.74% Copper Eq. and 130 m of 0.62% Copper Eq.

    American Eagle Continues to Expand South Zone near Surface Mineralization: Highlights Include 140 m of 0.74% Copper Eq. and 130 m of 0.62% Copper Eq.

    January 15, 2026
    Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”

    Senator Warns: Crypto Threatens Banking Collapse — SVB Was Just “The Preview”

    January 15, 2026
    $174B spending package to avert shutdown clears key hurdle in Senate

    $174B spending package to avert shutdown clears key hurdle in Senate

    January 15, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved