Trump Claims Progress Amid Senate Rejection of Funding Bill, Shutdown Likely to End by Oct 15: Goldman Sachs

Published: Oct 9, 2025 15:02

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On October 6 local time, US President Trump claimed that progress had been made in resolving the government shutdown. However, on the same day, the US Senate held a vote on a new temporary funding bill, and proposals from both the Democratic and Republican parties were once again rejected, prolonging the federal government shutdown. Goldman Sachs predicts that although the shutdown may last for several weeks, it is unlikely to extend beyond October 15, the military payday, because if the shutdown continues by then, active-duty military personnel will miss their entire paycheck. A major point of contention between the two parties revolves around the healthcare subsidy bill set to expire on November 1. Goldman Sachs believes that if Trump signals a willingness to discuss health-related issues, the Democrats are likely to accept and agree to at least a short-term reopening of the government.

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