CNBC Television
Sen. Mike Rounds: I expect we'll have a CR that's attached to some appropriations
11/5/2025, 1:01:13 PM
Economic Summary
- Day 36 marks the longest government shutdown in history, with a near-term economic cost estimated at about $15 billion per week in lost GDP and thousands of federal workers not receiving paychecks.
- The shutdown disrupts federal operations and public services (e.g., transportation oversight), creating operational issues like delayed trains and airplanes and broader economic friction.
- Political dynamics after recent statewide elections may create a negotiation window: Democrats may celebrate victories then engage seriously, enabling options like a continuing resolution (CR) tied to appropriations to reopen government and resume the appropriations process.
- One practical legislative path discussed is attaching three Senate-passed appropriations bills to a conference-committee extension through mid-December, which could restore operations while allowing work on remaining appropriations.
Bullish
- Post-election moment may create a window to reach a deal and reopen government.
- Attaching Senate-passed appropriations to a CR could expedite reopening until mid-December.
Bearish
- Shutdown continues, causing economic damage and disruption to services.
- Democrats energized by elections could press demands and prolong negotiations.
People mentioned
Mike Rounds