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Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

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Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

2

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Current price of oil as of May 29, 2026
LeadershipPolitics

The Shutdown Is Entering Day Three as Senate Stumbles on a DACA Deal

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January 21, 2018, 10:20 PM ET
U.S. Congress Wrangles With Agreement To Solve Government Shutdown
WASHINGTON, DC - JANUARY 21: The U.S. Capitol is seen at dusk, January 21, 2018 in Washington, DC. Lawmakers are convening for a Sunday session to try to resolve the government shutdown. (Photo by Drew Angerer/Getty Images)Drew Angerer—Getty Images

A U.S. government shutdown will enter its third day on Monday as Senate negotiators failed to reach a deal late on Sunday on Democrats’ demand for legislation protecting “Dreamers,” young people brought to the country illegally as children.

The Senate set a vote for 12 p.m. on Monday on advancing a measure that would provide temporary government funding through Feb. 8 and allow thousands of federal employees to return to work.

Senate Majority Leader Mitch McConnell also offered an olive branch to Democrats when he pledged in remarks on the Senate floor to bring immigration legislation to a floor debate in early February if the issue had not been dealt with by then.

“It would be my intention to proceed to legislation that would address DACA, border security and related issues,” McConnell said, adding: “It is also my intention take up legislation on increased defense spending, disaster relief and other important matters” then.

It was not clear whether enough Democrats would vote on Monday to advance the temporary spending bill and end the government shutdown.

For more on DACA, watch Fortune’s video:

Funding for federal agencies ran out at midnight on Friday, and was not renewed amid a dispute between President Donald Trump and Democrats over the politically acrimonious issue of immigration.

Refusing to support another short-term government funding extension last week, Democrats demanded that the Republican president live up to an earlier agreement to protect Dreamers from deportation.

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