Senator Schumer sees US shutdown stretching into November - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
October 29, 2025 Newswires
Share
Share
Post
Email

Senator Schumer sees US shutdown stretching into November

DAVID MORGAN ReutersHawaii Tribune-Herald

WASHINGTON - Senate Democratic leader Chuck Schumer said on Tuesday the 28-day U.S. government shutdown could stretch into November, when millions face soaring health insurance costs from expiring Affordable Care Act tax credits - raising pressure on lawmakers to resolve the impasse as enrollment begins.

With hundreds of thousands of federal workers furloughed, others working without pay and federal food assistance due to end in days, neither Schumer nor his Republican counterpart, Senate Majority Leader John Thune, has shown much inclination to end the standoff or mitigate its debilitating effects.

The Senate rejected a stopgap funding bill for the 13th time on Tuesday as Democrats insisted Republicans extend expiring tax credits for the Affordable Care Act, also known as Obamacare. Without action, premiums will spike for millions enrolling in 2026 coverage when the healthcare marketplace opens on Saturday.

"On November 1, people in more than 30 states are going to be aghast - aghast - when they see their bills, and they're going to cry out. And I believe there will be increased pressure on Republicans to negotiate with us," Schumer told reporters when asked about his strategy to end the shutdown.

Democrats want to extend the expiring health insurance tax credits, while Republicans insist that Democrats must first vote to reopen the government.

The current partial government shutdown would become the longest in U.S. history next Wednesday, surpassing a 35-day closure that occurred in 2018-2019 during President Donald Trump's first term in office.

More than 41 million people are set to lose Supplemental Nutrition Assistance Program benefits, also known as food stamps, at the end of this month as the shutdown keeps Congress from funding the program.

At a Tuesday policy lunch, Senate Republicans discussed the possibility of using "rifle shot" legislation to pay troops, air traffic controllers and extend SNAP benefits. But Thune ruled out that option after Democrats voted down a Republican bill to pay federal employees, military members and contractors who have worked through the shutdown.

Older

US consumer confidence slips to six-month low; worries over job availability rising

Newer

Crypto Markets Enter Wait-and-See Mode Before Fed Rate Cut Decision

Advisor News

  • Navigating client communication in a digital age
  • Can your advisory firm survive without you?
  • I started using AI, but what now?
  • How to support an entrepreneur client with multiple businesses
  • Could a narrower focus help grow your practice?
More Advisor News

Annuity News

  • Solen Software Group Acquires Cooperative Technologies, Provider of 1035 Exchange and Annuity Replacement Software
  • MassMutual Expands Lending Options With New Secured Credit Line
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
More Annuity News

Health/Employee Benefits News

  • More than 1,700 Pottawattamie County residents face Medicare plan cancellations
  • KENTUCKY CAN CUT HEALTH PREMIUMS WITHOUT SPENDING A DIME
  • SpecialtyCare sues Anthem over $2.5 million in unpaid awards
  • Americans Worry They Can’t Afford Health Care in Retirement, Allianz Life Study Finds
  • Lawmakers urge USCIS to address immigration backlog affecting healthcare access
More Health/Employee Benefits News

Life Insurance News

  • Americans Worry They Can’t Afford Health Care in Retirement, Allianz Life Study Finds
  • Solen Software Group Acquires Cooperative Technologies, Provider of 1035 Exchange and Annuity Replacement Software
  • Virginia orders Atlantic Coast Life to halt new business Nov. 1
  • AM Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.
  • AM Best Upgrades Credit Ratings of Fidelity Life Association, A Legal Reserve Life Insurance Company; Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Life/Health Subsidiaries
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.