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US Government Faces Shutdown Over $1.7 Trillion Standoff

10/1/2025

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Story summary
  • The U.S. government nears a shutdown after Congress misses the midnight deadline.
  • Dispute centers on a $1.7 trillion bill; Democrats seek Affordable Care Act subsidies, Republicans want a clean bill.
  • Senate Majority Leader John Thune accuses Democrats of hostage-taking; Chuck Schumer blames Republicans.
  • Congressional Budget Office (CBO) estimates furloughs of about 750,000 daily and costs up to $1 billion weekly.
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