CNBC Television
Sen. Katie Britt on shutdown: You can't break a logjam without having conversation
11/6/2025, 1:15:34 PM
Economic Summary
- The government shutdown is on day 37, prompting bipartisan talks on Capitol Hill to pass appropriations and reopen services; prolonged shutdowns disrupt paychecks and public services.
- Senate has passed a three-bill package covering SNAP, WIC, military and Veterans Affairs, and Capitol Police; enacting it would fund those programs for the fiscal year and remove them from shutdown risk.
- Lawmakers are considering using the three-bill package as a vehicle for a continuing resolution (CR) to extend the November 21 funding deadline, which would provide more time to negotiate additional appropriations.
- Negotiations include talks of giving Democrats a vote on ACA (Obamacare) subsidies and must still address other deadlines like the NDAA; unresolved institutional disputes raise risks of further funding gaps and service disruptions.
Bullish
- Three-bill package (SNAP, WIC, military/VA) could pass and fund key services.
- A CR attached to the package could extend funding past Nov 21, buying negotiation time.
- Leader Thune offering a vote on ACA subsidies may break the impasse.
Bearish
- Prolonged shutdown could continue due to partisan obstruction, leaving workers unpaid.
- Democrats may refuse limited deals, prolonging uncertainty for services like SNAP and WIC.
- Potential escalation over filibuster or court-packing if control shifts, increasing political risk.
People mentioned
Katie BrittSusan CollinsChuck SchumerJohn ThuneDonald TrumpBarack ObamaJoe