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41 days! The longest shutdown in U.S. history has a heavy cost: 1,400 flights canceled, with daily losses of up to 580 million dollars!
Trump hailed the Senate's passage of the funding bill as a "major victory," marking the nearing end of the longest government shutdown in U.S. history, which lasted 40 days. The bill will fund the government until January 30, 2026, and will take effect officially after passing the House and being signed by the President.
Key details of the bill that was passed
The Senate passed the temporary funding bill with a result of 60 votes in favor and 40 against. With the Republicans holding 53 seats in the Senate, this voting outcome indicates that several Democratic lawmakers supported the bill. The plan will provide funding at current levels for most federal agencies until January 30, 2026, and will fund the Department of Agriculture, the Department of Veterans Affairs, military construction projects, and congressional operations for the entire fiscal year. As a key part of the negotiations, the plan also made concessions to the Democrats, with Senate Majority Leader Schumer promising a vote in December on a proposal to extend tax credits under the Affordable Care Act.
Trump's statement and its political significance
In his speech on Veterans Day, Trump congratulated House Speaker Johnson and Senate Majority Leader Thune, calling it a "huge victory" and stating, "We are restarting our country," while noting that "the government should not have shut down." Trump had expressed support for the Senate's funding agreement before the vote, which centers on reopening the government in exchange for future votes on extending affordable healthcare subsidies. This breakthrough occurred as the government shutdown entered its 40th day, and Trump had previously told the media, "It looks like we are very close to ending the 'shutdown.'"
The Impact of Suspension and the Process of Ending
The recent 40-day government shutdown has become the longest in U.S. history, causing widespread impacts on the economy and social life. U.S. Treasury Secretary Mnuchin and White House economic advisor Hassett have both warned that if the "shutdown" continues, economic growth in the fourth quarter could be "cut in half" or even turn negative. The shutdown has also severely affected the aviation industry, leading to capacity cuts at 40 major airports across the country, with thousands of flights canceled or delayed. With the bill passing in the Senate, a crucial step has been taken to end the shutdown; the bill will next return to the House for a vote, and finally take effect after being signed by the President.