No Result
View All Result
  • Login
Thursday, February 12, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Economy

Schumer Shutdown Ends In Ruin For Democrats

by FeeOnlyNews.com
3 months ago
in Economy
Reading Time: 3 mins read
A A
0
Schumer Shutdown Ends In Ruin For Democrats
Share on FacebookShare on TwitterShare on LInkedIn


The longest government shutdown in US history is officially over. Seven Democrats and one Independent broke party lines to reopen the government. There will be no extended subsidies for Obamacare. Chuck Schumer encouraged his party to protest against the American people in favor of absurd policies that would not benefit the majority. Was it worth it?

Estimates suggest that the shutdown added between $15 billion and $30 billion to the US national debt per week. The Congressional Budget Office (CBO) predicted that a four-week shutdown would cause US GDP to drop by 1% for Q4 2025.

Over 670,000 federal employees were furloughed, while another 730,000 were forced to work without pay. The average federal worker lost around $10,000 during this shutdown. Congress did not go a day without pay despite their refusal to work. The shutdown expanded to 4.5 million when accounting for federal civilians and military members. Approximately 1.3 million active-duty troops experienced financial stress. Over 750,000 National Guard members were forced to continue working without pay.

American military families were sent to food banks for assistance after the politicians they fought for refused to fight for them. An anonymous donor sent the Pentagon $130 million to assist the military during the shutdown. Generous, patriotic, but also dystopian. The Pentagon could not even immediately receive the gift without going through the appropriate Ethics Official regulations, since the gift was in excess of $10,000. Meanwhile, the Trump Administration reallocated $8 billion from defense research to pay military personnel.

Over 40 million people lost SNAP food benefits. Airports came to a near standstill, impacting numerous sectors. The nation’s division became a global spectacle. Yet, at no point during the chaos did the Democrats agree to back down on their stipulations. Their temporary resolution still demanded an extension for Obamacare subsidies, among other outlandish items, and in the end the negotiations completely backfired—they walked away with nothing.

Schumer ECM

Senate Minority Leader Chuck Schumer voted against the final resolution on Monday night, as did all but seven Democrats. Defeated and embarrassed, the Democrats have largely turned on Schumer and are calling for his resignation.

Chuck Schumer should step down. pic.twitter.com/6OhX2cCo9u

— Graham Platner for Senate (@grahamformaine) November 10, 2025

“I’m not going to put a blade in my leader,” said Sen. John Fetterman who has been openly critical of the shutdown and Democratic Party in general. Fetterman said it would be hard for Schumer to win back the “indivisible” party members, or leftist extremists. “This has happened over and over. You cannot defend democracy effectively if you are not united as an opposition party, and we are repeatedly showing that we are not united,” Sen. Chris Murphy of Connecticut said.

The Democrats are too divided to continue existing as a united party—confirmed by the longest shutdown in US history.





Source link

Tags: DemocratsEndsRuinSchumershutdown
ShareTweetShare
Previous Post

The 50-Year Mortgage – YOU WILL OWN NOTHING

Next Post

End of government shutdown to boost consumer spending, aid markets: Geoff Dennis

Related Posts

Market Talk – February 12, 2026

Market Talk – February 12, 2026

by FeeOnlyNews.com
February 12, 2026
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 10.70 points or -0.02% to...

The January CPI inflation report is due out Friday morning. Here’s what it’s expected to show

The January CPI inflation report is due out Friday morning. Here’s what it’s expected to show

by FeeOnlyNews.com
February 12, 2026
0

Customers shop at Walmart on January 22, 2026 in Little Rock, Arkansas.Will Newton | Getty ImagesInvestors got some good news...

Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

by FeeOnlyNews.com
February 12, 2026
0

The history of human progress is not written by government decrees, but by freedom of choice and the protection of...

Property Rights and the Arctic Contest

Property Rights and the Arctic Contest

by FeeOnlyNews.com
February 12, 2026
0

In recent years, the Arctic has returned to the center of public attention: the renewed interest in Greenland, the progressive...

Suffocating an Island: What the U.S. Blockade Is Doing to Cuba

Suffocating an Island: What the U.S. Blockade Is Doing to Cuba

by FeeOnlyNews.com
February 12, 2026
0

Yves here. Medea Benjamin provides a vivid and distressing report of the intensifying distress in Cuba produced by the US...

Austrian Economics Advances in the QJAE

Austrian Economics Advances in the QJAE

by FeeOnlyNews.com
February 12, 2026
0

New developments in Austrian economics appear regularly in the Quarterly Journal of Austrian Economics. The QJAE is one of the...

Next Post
End of government shutdown to boost consumer spending, aid markets: Geoff Dennis

End of government shutdown to boost consumer spending, aid markets: Geoff Dennis

UAE Completes First Digital Dirham Transaction in CBDC Pilot

UAE Completes First Digital Dirham Transaction in CBDC Pilot

  • Trending
  • Comments
  • Latest
Super Bowl ads go for silliness, tears and nostalgia as Americans reel from ‘collective trauma’ of recent upheaval — ‘Everybody is stressed out’

Super Bowl ads go for silliness, tears and nostalgia as Americans reel from ‘collective trauma’ of recent upheaval — ‘Everybody is stressed out’

February 8, 2026
The Weekly Notable Startup Funding Report: 2/9/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 2/9/26 – AlleyWatch

February 9, 2026
Self-driving startup Waabi raises up to  billion, partners with Uber to deploy 25,000 robotaxis

Self-driving startup Waabi raises up to $1 billion, partners with Uber to deploy 25,000 robotaxis

January 28, 2026
Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

December 11, 2025
Huntington Bank gives Ameriprise institutional unit B boost

Huntington Bank gives Ameriprise institutional unit $28B boost

February 6, 2026
Sellers Are Accepting Even Less

Sellers Are Accepting Even Less

January 23, 2026
Grand Rapids Could Become a Boomtown as Investment Money Pours In

Grand Rapids Could Become a Boomtown as Investment Money Pours In

0
Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

Economic Freedom in Contexts of Crisis: An Austrian Analysis for 2026

0
Do Wall Street Analysts Like American Water Works Stock?

Do Wall Street Analysts Like American Water Works Stock?

0
The uncomfortable reason you keep attracting the same kind of person into your life, according to psychology

The uncomfortable reason you keep attracting the same kind of person into your life, according to psychology

0
8 High-Yield Dividend Stocks to Buy and Hold for Reliable Passive Income

8 High-Yield Dividend Stocks to Buy and Hold for Reliable Passive Income

0
Accor, InterGlobe weigh IPO for joint hospitality venture

Accor, InterGlobe weigh IPO for joint hospitality venture

0
Accor, InterGlobe weigh IPO for joint hospitality venture

Accor, InterGlobe weigh IPO for joint hospitality venture

February 12, 2026
Expedia Group Beats Q4 Estimates on B2B Strength; Issues Optimistic 2026 Guidance

Expedia Group Beats Q4 Estimates on B2B Strength; Issues Optimistic 2026 Guidance

February 12, 2026
The uncomfortable reason you keep attracting the same kind of person into your life, according to psychology

The uncomfortable reason you keep attracting the same kind of person into your life, according to psychology

February 12, 2026
Head of PNC wealth unit lays out plans to hire hundreds of advisors

Head of PNC wealth unit lays out plans to hire hundreds of advisors

February 12, 2026
The “Election Worker” Tax Surprise: Why Some Poll Pay Is Now Social Security Taxable

The “Election Worker” Tax Surprise: Why Some Poll Pay Is Now Social Security Taxable

February 12, 2026
9 Things You Should Never Leave in Your Car

9 Things You Should Never Leave in Your Car

February 12, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Accor, InterGlobe weigh IPO for joint hospitality venture
  • Expedia Group Beats Q4 Estimates on B2B Strength; Issues Optimistic 2026 Guidance
  • The uncomfortable reason you keep attracting the same kind of person into your life, according to psychology
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.