Well, the government has shut down or at least the Discretionary Funding part of it. The mandatory funding hums along.
Both sides appear to have dug their heals in but it always seems that way.
The issue is of course the Senate as the GOP controlled House has long ago given up any pretense of being an independent branch of government.
The major issue is healthcare spending. Democrats have insisted that any funding bill must extend the enhanced ACA tax credits, which are set to expire at the end of 2025. Trump and the Republicans are quite happy to let them expire.
The Republicans proposed a continuing resolution that would extend the current budget but Democrats refused to agree without their healthcare demands being met.
Trump is trying to cancel funding to blue leaning states. I figure the lawsuits over this should start any minute now.
The Market isn't impressed as all three indexes rose today after a rocky start. That will change if the shutdown drags on.
