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  • 2 days ago
The U.S. government shutdown has entered its 36th day, now the longest in American history, with over a million federal workers unpaid and key services disrupted. Democrats are demanding ACA subsidy extensions before reopening the government, while Republicans insist the issue should be addressed afterward. The Senate has failed 14 times to pass a funding bill as Trump urges ending the filibuster and refuses to compromise.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02U.S. government shutdown reached its 36th day on Wednesday,
00:05becoming the longest in American history, according to NPR.
00:08The shutdown began on October 1st after Congress failed to reach a funding deal,
00:12leaving over a million federal workers without pay and another $600,000 furloughed.
00:16Democrats are leveraging their Senate votes to demand an extension of Affordable Care Act subsidies,
00:21who are agreeing to reopen the government.
00:23All Republicans insist on addressing the issue afterward.
00:25The standoff has left Congress paralyzed, with the Senate failing 14 times to pass a funding bill,
00:31and the House is remaining out of session.
00:33Air traffic delays, IRS backlogs, and suspended food benefits deepen the crisis
00:37as both parties blame each other.
00:40President Trump has urged Senate Republicans to end the filibuster
00:43who refuses to compromise using the Democrats of extortion.
00:46For all things money, visit Benzinga.com.
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