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Senate Advances Bill as 40-Day Shutdown Costs Mount

11/11/2025

35 3 Full Breakdown

Summary

Story summary

The 40-day U.S. government shutdown nears an end as the Senate advances a funding bill.
The shutdown has cost $55 billion in lost output and cut GDP growth by 0.8 percentage points.
The White House estimates the shutdown costs about $15 billion per week, affecting Supplemental Nutrition Assistance Program (SNAP) benefits and healthcare.
The House will vote on the funding package soon as markets react positively and delays persist.

History

Historical Context

The 2013 U.S. government shutdown, lasting 16 days, stemmed from a budget impasse over the Affordable Care Act, resulting in an estimated $24 billion economic loss and a 0.6% reduction in GDP growth. This event highlighted ongoing political gridlock in Congress, a trend that has persisted, as evidenced by the current 40-day shutdown, disrupting essential services and impacting vulnerable populations.

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Story summary

The 40-day U.S. government shutdown nears an end as the Senate advances a funding bill.
The shutdown has cost $55 billion in lost output and cut GDP growth by 0.8 percentage points.
The White House estimates the shutdown costs about $15 billion per week, affecting Supplemental Nutrition Assistance Program (SNAP) benefits and healthcare.
The House will vote on the funding package soon as markets react positively and delays persist.

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