Dubai Telegraph - US govt shutdown in balance after top Democrat avoids fight

EUR -
AED 3.99618
AFN 76.761158
ALL 99.238102
AMD 426.249464
ANG 1.959716
AOA 992.339989
ARS 1160.047594
AUD 1.720931
AWG 1.958565
AZN 1.854076
BAM 1.951597
BBD 2.195351
BDT 132.108203
BGN 1.955948
BHD 0.410152
BIF 3221.964724
BMD 1.088092
BND 1.451301
BOB 7.514025
BRL 6.230744
BSD 1.087298
BTN 94.515187
BWP 14.814504
BYN 3.558273
BYR 21326.596434
BZD 2.184136
CAD 1.564366
CDF 3129.351993
CHF 0.963038
CLF 0.026336
CLP 1010.641721
CNY 7.875445
CNH 7.877425
COP 4461.82864
CRC 543.205176
CUC 1.088092
CUP 28.834429
CVE 110.02804
CZK 25.030504
DJF 193.376077
DKK 7.46098
DOP 68.369616
DZD 145.364455
EGP 55.130384
ERN 16.321375
ETB 142.820643
FJD 2.492862
FKP 0.840582
GBP 0.841525
GEL 3.019498
GGP 0.840582
GHS 16.854167
GIP 0.840582
GMD 78.342986
GNF 9402.232622
GTQ 8.382562
GYD 227.49633
HKD 8.458444
HNL 27.809132
HRK 7.533516
HTG 142.596348
HUF 399.036274
IDR 17767.339822
ILS 3.967993
IMP 0.840582
INR 94.622246
IQD 1424.484556
IRR 45808.65905
ISK 146.283462
JEP 0.840582
JMD 170.283273
JOD 0.7715
JPY 161.563662
KES 140.853883
KGS 95.154033
KHR 4356.697372
KMF 491.654632
KPW 979.399434
KRW 1580.834378
KWD 0.335198
KYD 0.906173
KZT 544.956383
LAK 23554.70487
LBP 97427.762993
LKR 322.281483
LRD 217.468649
LSL 19.783775
LTL 3.212852
LVL 0.658176
LYD 5.234174
MAD 10.52334
MDL 19.349861
MGA 5070.173923
MKD 61.513611
MMK 2283.667991
MNT 3779.051663
MOP 8.704793
MRU 43.210338
MUR 49.12775
MVR 16.767904
MWK 1885.491337
MXN 21.635158
MYR 4.838204
MZN 69.533115
NAD 19.784319
NGN 1690.64458
NIO 40.013275
NOK 11.576153
NPR 151.222712
NZD 1.893503
OMR 0.418934
PAB 1.087378
PEN 3.988655
PGK 4.469375
PHP 62.269351
PKR 304.585038
PLN 4.184202
PYG 8633.723556
QAR 3.963101
RON 4.976718
RSD 117.148342
RUB 93.031404
RWF 1527.459552
SAR 4.080737
SBD 9.152101
SCR 15.641814
SDG 653.943454
SEK 11.033135
SGD 1.451313
SHP 0.855069
SLE 24.841536
SLL 22816.739133
SOS 621.48725
SRD 39.518442
STD 22521.300406
SVC 9.514073
SYP 14147.351976
SZL 19.790742
THB 36.576242
TJS 11.852301
TMT 3.819202
TND 3.359334
TOP 2.548424
TRY 39.892492
TTD 7.382761
TWD 35.845334
TZS 2894.324166
UAH 45.10526
UGX 3985.197611
USD 1.088092
UYU 46.341263
UZS 14084.66686
VES 69.512184
VND 27762.658572
VUV 134.095534
WST 3.01116
XAF 654.559354
XAG 0.032204
XAU 0.000364
XCD 2.940623
XDR 0.818785
XOF 654.547348
XPF 119.331742
YER 268.487011
ZAR 19.767909
ZMK 9794.134506
ZMW 31.125825
ZWL 350.365069
  • RYCEF

    0.5700

    10.35

    +5.51%

  • RBGPF

    -0.2300

    66.2

    -0.35%

  • SCS

    0.2000

    10.99

    +1.82%

  • RIO

    1.8400

    63.04

    +2.92%

  • CMSC

    0.0500

    23.22

    +0.22%

  • AZN

    1.0900

    77.6

    +1.4%

  • NGG

    0.8900

    63.21

    +1.41%

  • RELX

    1.1200

    48.93

    +2.29%

  • BCC

    2.9700

    99.35

    +2.99%

  • BTI

    -0.0200

    41.36

    -0.05%

  • VOD

    0.0500

    9.55

    +0.52%

  • GSK

    0.2600

    39.49

    +0.66%

  • JRI

    0.0335

    12.83

    +0.26%

  • BCE

    -0.1990

    23.47

    -0.85%

  • CMSD

    0.1500

    23.35

    +0.64%

  • BP

    1.0200

    33.39

    +3.05%

US govt shutdown in balance after top Democrat avoids fight
US govt shutdown in balance after top Democrat avoids fight / Photo: Mandel NGAN - AFP/File

US govt shutdown in balance after top Democrat avoids fight

The US Senate appeared closer Friday to avoiding an economically damaging government funding shutdown after the Democrats' leader shied away from a major confrontation with President Donald Trump.

Text size:

Democrats are smarting over Trump's radical spending cuts which have shredded entire sections of government and seen Congress largely bypassed in what critics say is an unconstitutional exercise of power by the White House.

Many in the party argue that refusing to back the Republican bill funding the US government for another six months would be a chance for Democrats to demonstrate opposition to the Trump project. Republicans have a slim majority with 53 of the 100 senators, but need some Democratic support to reach the necessary 60 votes for getting their bill through.

Ahead of the Friday midnight deadline, top Senate Democrat Chuck Schumer -- who has long insisted that it is bad politics to shut down the government -- said he would support the bill.

A Democratic blockade of the bill and the ensuing chaos of the entire US government temporarily being out of funds would be "a gift" to Trump, he said.

Many senior Democrats were furious at Schumer but early Friday, Trump signaled his pleasure at the climbdown.

"Congratulations to Chuck Schumer for doing the right thing — Took "guts" and courage!" Trump wrote on his Truth Social platform.

Schumer has been joined by Pennsylvania's Democratic Senator John Fetterman. However, Schumer has not explicitly told his troops which way to vote, leaving it unclear whether enough Democrats will join Republicans.

- Defying Elon Musk? -

There have been four shutdowns where operations were affected for more than one business day, with the last occurring during Trump's first term.

During the disruption, up to 900,000 federal employees can be furloughed, while another million deemed essential workers -- from air traffic controllers to police -- work without pay.

Back salaries are paid once Congress agrees to a funding bill.

Meanwhile, Americans have to contend with a paralyzed government. Social Security and other benefits are protected, but there are typically delays in a variety of services while parks shut and food-safety inspections are halted.

The latest tussle is focused on the far-reaching program run by the so-called Department of Government Efficiency (DOGE), led by Trump's advisor and top donor, billionaire Elon Musk.

DOGE aims to cut federal spending by $1 trillion this year and claims to have made savings so far of more than $100 billion, although verified cost savings amount to less than a tenth of that figure.

Grassroots Democrats, infuriated by what they see as the SpaceX and Tesla CEO's lawless rampage through the federal bureaucracy, want their leaders to fight hard to defy DOGE and Trump.

But several top party figures have warned that a shutdown could play into Musk's hands, distracting from DOGE's most unpopular actions and making it easier for him to announce more layoffs.

Republicans voiced confidence that the needed Democratic support would be available, with several opposition senators facing challenging reelection fights in the 2026 midterms and wary of being blamed for chaos in Congress.

One of the most vulnerable Democratic senators, Georgia's Jon Ossof, said however that he was a firm no.

He berated the Republican authors of the bill for failing to "impose any constraints on the reckless and out-of-control Trump administration."

John Thune, the Republican leader of the Senate, said Friday he had not spoken with his Democrat counterpart Schumer yet, telling Punchbowl News: "Passing this and getting this behind us is the best thing that can happen right now for everybody."

Y.Rahma--DT