What Susan Collins is saying about her negotiations to end the federal shutdown - 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 7, 2025 Newswires
Share
Share
Post
Email

What Susan Collins is saying about her negotiations to end the federal shutdown

Billy Kobin, Bangor Daily News, MaineBangor Daily News

Oct. 7—U.S. Sen. Susan Collins, R-Maine, is discussing a compromise with colleagues that would involve the Republican-led Congress agreeing to talks around extending Affordable Care Act tax credits if the government shutdown ends.

The informal talks among Collins and other lawmakers whom her office declined to identify Tuesday come after Senate Democrats have repeatedly blocked a Republican-backed plan to fund the government through Nov. 21. The senator's office shared few details about the talks, and it is unclear whether enough Democrats will be moved by the idea.

The shutdown that affects Maine and its federal workers began Oct. The chief sticking point for Democrats has been that Republicans have refused to include in their bill an extension of the health insurance tax credits that expire at the end of this year. Collins has said she supports extending the credits in some form but argued there is more time to negotiate.

Since then, she and fellow Republicans have blamed Democrats for causing the shutdown. Democrats have pushed back and also sought to reverse Medicaid cuts that were included in President Donald Trump's "big, beautiful bill" he signed into law this summer.

Polling hints at why Democrats are not budging, with 41% of Americans saying Republicans and Trump are most responsible for the shutdown versus 30% who say Democrats are most responsible and 23% who blame both parties, according to a survey of 1,648 adults done by The Economist and YouGov over the weekend.

Collins told Capitol Hill reporters Monday she was circulating a "discussion draft" of a plan to get leaders to commit to a bipartisan Affordable Care Act tax credit extension once the shutdown ends and to pass full-year spending bills Collins has worked on as chair of the Senate Appropriations Committee.

Asked for any updates Tuesday, Collins' office did not add much and declined to share which lawmakers are involved other than that she is speaking with both Republicans and Democrats and "pushing for assurances" to move full-year spending bills her committee has worked on..

"As Sen. Collins is in the midst of negotiations, she is unable to release more specifics," Collins spokesperson Phoebe Ferraiolo said. "But I can confirm that part of her proposal is agreeing to a discussion on extending and reforming the ACA tax credits once government has reopened."

House Speaker Mike Johnson, R-Louisiana, said Monday he assured U.S. Sen. Patty Murray, D-Washington, who is the top Democrat on the budget committee with Collins, that he will move the full-year spending bills if the shutdown ends.

Lawmakers may face more pressure from their home states if the shutdown stretches on. Trump and his administration gave conflicting messages Tuesday on denying back to federal workers who are furloughed during the shutdown. Trump and his budget chief Russ Vought are also seeking to go against past precedent for shutdowns by firing federal workers. Trump and Vought have moved to cut $8 billion in clean energy projects and freeze billions in infrastructure projects that mostly benefit Democratic-led states and cities.

U.S. Sen. Angus King, I-Maine, who caucuses with Democrats, has voted with Collins and a small group of Democratic senators in favor of the GOP-backed spending bill that has repeatedly failed to get the needed 60 votes. King explained his stance by saying he feared a shutdown would give Trump more power.

King's office deferred Tuesday to his Monday evening comments to reporters about how he is "contemplating" changing to a "no" vote on the GOP spending plan "unless the Republicans are more forthcoming" on the tax credits. His office otherwise added he is having bipartisan conversations with senators over ending the shutdown.

The Senate had not held another vote on the stopgap funding measure as of late Tuesday afternoon. Trump created additional intrigue Monday by suggesting "good things" on health care could come out of talks he said the White House was having with Democrats but later walking back his comments. Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries denied Trump's claim by saying the White House "has gone radio silent."

The expiration of the tax credits tied to former President Barack Obama's signature health care legislation would hit Mainers hard at a time when insurance rates here are increasing. Gov. Janet Mills has said more than 51,000 of the 61,000 Mainers insured on the state's CoverMe.gov marketplace could see an average $258 increase in monthly premiums and that 9,500 Mainers would lose the tax credits if they expire at the end of December.

© 2025 the Bangor Daily News (Bangor, Maine). Visit www.bangordailynews.com. Distributed by Tribune Content Agency, LLC.

Older

New Health and Medicine Study Findings Have Been Reported by Researchers at Trinity University (Health Insurance Coverage Among Same-Sex vs Different-Sex Couples): Health and Medicine

Newer

Thousands of Stanislaus patients need Medicare Advantage switch to keep doctors

Advisor News

  • How to listen to what your client isn’t saying
  • Strong underwriting: what it means for insurers and advisors
  • Retirement is increasingly defined by a secure income stream
  • Addressing the ‘menopause tax:’ A guide for advisors with female clients
  • Alternative investments in 401(k)s: What advisors must know
More Advisor News

Annuity News

  • MassMutual turns 175, Marking Generations of Delivering on its Commitments
  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
  • Ameritas settles with Navy vet in lawsuit over disputed annuity sale
  • NAIC annuity guidance updates divide insurance and advisory groups
More Annuity News

Health/Employee Benefits News

  • HHS NOTICE OF BENEFIT AND PAYMENT PARAMETERS FOR 2027 FINAL RULE
  • Reports Outline Clinical Trial Research Study Results from Imperial College London (Multimorbidity, health service use, and health insurance by socioeconomic groups in 31 countries: A multi-cohort study): Clinical Trial Research
  • Findings from Brown University School of Public Health Broaden Understanding of Managed Care (Federal Enforcement Actions Against Medicare Advantage Plans): Managed Care
  • Researchers at Brown University Warren Alpert Medical School Target Managed Care (The Aging World of Spinal Deformity Surgery: Epidemiological Trends Over A 12-Year Period): Managed Care
  • NC parents and doctors push for insurance coverage for a medical test they say saves lives
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Berkshire Hathaway Life Insurance Company of Nebraska and First Berkshire Hathaway Life Insurance Company
  • Generational expectations: A challenge for the industry
  • Greg Lindberg asks NC judge for no jail time in bribery, fraud cases
  • National Life Group Names Brenda Betts to Its Board of Directors
  • Ask Tim a Question? Business, Finances, Money, or Taxes
More Life Insurance News

- Presented By -

NEWS INSIDE

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

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
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.
Insurance News | InsuranceNewsNet