In a recent Senate floor speech, Chuck Schumer announced that he and other Democrats will be voting in favor of the continuing resolution passed by House Republicans to avoid a government shutdown. Schumer criticized the Republicans for their refusal to work together on a funding bill, but indicated that he sees avoiding a government shutdown as the better option. He expressed concerns that a shutdown would give Donald Trump and Elon Musk more power to harm vital government services.
In another development, Newsmax revealed in a regulatory filing that they had agreed to pay $40 million and 2,000 shares of preferred stock to Smartmatic to settle a defamation lawsuit related to baseless election conspiracy theories. The filing also mentioned Newsmax’s ongoing defamation lawsuit with Dominion Voting Systems.
On a different note, the Trump administration has appealed to the Supreme Court to uphold the president’s executive order curtailing birthright citizenship. The administration argues that the injunctions against the order should be limited to the plaintiffs and not applied universally.
These developments come amidst a period of economic uncertainty, with the stock market plunging due to Trump’s threats of massive tariffs, and the announcement of job cuts at the US Postal Service. Additionally, Democratic senators are lining up against GOP-backed government spending bill, raising the possibility of a shutdown. In light of these events, the political landscape remains tense as key decisions are being made that will impact the government and the economy.
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