FX.co ★ Senate Backs Deal to End Record U.S. Shutdown

The longest government shutdown in U.S. history could conclude this week following the Senate's advancement of a compromise deal on Sunday evening to restore federal funding, according to a report by Reuters. A majority of senators voted on Monday to pass legislation to end the unprecedented 41-day shutdown, with final results pending. The agreement proposes reopening the agencies that have been closed since October 1, providing much-needed relief to low-income families affected by disrupted food aid, hundreds of thousands of unpaid federal employees, and travelers inconvenienced by numerous canceled flights. The proposed deal would fund the government through January 30, while adding approximately $1.8 trillion annually to the existing $38 trillion debt. Although President Donald Trump’s Republican party holds majorities in both chambers of Congress, Democrats leveraged the Senate’s 60-vote rule to advocate for the extension of health insurance subsidies, benefiting 24 million Americans. This compromise also schedules a December vote on the health insurance subsidy extension.