Washington D.C. is buzzing as a possible end to the U.S. government shutdown appears on the horizon. Senate members took a crucial step by voting 60-40 to advance a funding plan. This move marks the first significant progress in weeks towards reopening the government, which has been closed for 41 days.
However, this was just a procedural step, not the final decision. The Senate agreed to move the bill forward and then paused discussions until Monday at 11 a.m.. This delay means the shutdown will continue for at least another day.
If the final vote passes, the plan would provide full-year funding for critical departments like Agriculture, Veterans Affairs, and military construction. Other government areas would receive temporary funding until January 30, 2026, allowing more time to craft a long-term solution.
The House of Representatives also needs to approve the plan before the government can officially reopen. House Speaker Mike Johnson aims to have the House review the bill by Wednesday, pending the Senate’s completion.
Democrats agreed to advance the plan after the Trump administration promised two key actions. First, any federal employees dismissed during the shutdown would be rehired and paid for missed days. Second, a December vote will decide whether to extend the Affordable Care Act tax credits. These credits help many Americans afford health insurance and are set to expire soon, potentially increasing costs.
Yet, some Democrats are unhappy. Progressive members feel their party conceded too much without securing ACA subsidies in the bill. Senator Elizabeth Warren and others believe this weakens their negotiating power.
Commentator Adam Cochran criticized eight Democrats, mostly retiring, for conceding without gaining meaningful benefits. He warned that healthcare costs might rise due to their actions.
There’s optimism about economic impacts if the government reopens. Bull Theory suggests nearly $953 billion in Treasury funds could flow back into the economy. The SEC could resume work on altcoin ETFs, and pro-crypto bills might progress, increasing liquidity and potentially boosting crypto markets.
Reopening seems closer than it has been for over a month, but everything hinges on final votes. The nation eagerly awaits the outcome.
FAQs
When will the government officially reopen?
Once the Senate and House pass the final funding bill, which is expected by mid-week.
What does the new funding plan include?
It fully funds certain departments for the year and provides temporary funding for others until January 30, 2026.
Will federal workers get back pay after the shutdown?
Yes, workers will be rehired and receive full back pay for missed days.
How might reopening the government impact the economy and crypto?
It could release major Treasury funds and allow regulatory work to resume, boosting liquidity and market momentum.