• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Politics

Shutdown Postponed by 2 Weeks Under Measure Passed by House

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 6, 2018, 12:33 PM ET

The House passed a two-week stopgap spending bill that would delay the potential for a partial government shutdown until Dec. 22 as lawmakers and President Donald Trump negotiate over his demands to pay for a wall on the southern border.

After the chamber gave unanimous consent on Thursday, the measure goes to the Senate where it is likely to pass. Trump has indicated he will sign the bill ahead of a midnight Dec. 7 shutdown deadline because of negotiating delays caused by memorial services this week for former president George H.W. Bush.

The temporary measure gives Democrats and Republicans more time to find a resolution to their biggest hurdle: a wall on the U.S. Mexico border wall.

Trump says he wants $5 billion for parts of a concrete wall on the southern border and is willing to shut down the government if he doesn’t get it. Senate Minority Leader Chuck Schumer of New York has said Democrats will provide no more than $1.6 billion for “border security,” because the wall is a waste of money.

The president’s demands for wall funding from Congress come after he said on the campaign trail that Mexico would pay for the wall. This week he said on Twitter that a $25 billion border wall would pay for itself in two months, without providing evidence.

Most of the U.S. government’s $1.2 trillion discretionary budget has been appropriated already by Congress for the fiscal year that began on Oct. 1. Departments at a risk of a partial shutdown include the departments of State, Interior, Agriculture, Commerce, Justice, Treasury and Homeland Security.

Talks to resolve the differences have been on hold since a meeting among Trump, Schumer and House Minority Leader Nancy Pelosi of California originally slated for Dec. 4 was postponed due to Bush memorial events. The three are scheduled to meet on Tuesday, according to a person familiar with the matter.

Appropriations Chairman Richard Shelby of Alabama told reporters the rest of the seven-bill spending package being negotiated is “basically done.”

Shelby in recent weeks had tried to broker a compromise in which Trump’s $5 billion request would be split over two years, but Schumer has rejected that.

Some Democrats have been willing to trade border wall funding for deportation protections for young undocumented immigrants. Pelosi ruled out such a deal in remarks to reporters Thursday.

The stopgap government funding measure also would extend the National Flood Insurance Program, which provides subsidized coverage for homes in flood-prone areas, to Dec. 21.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in

CryptoBinance
Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters
By Ben WeissDecember 7, 2025
4 hours ago
Big TechStreaming
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
By Hadriana Lowenkron, Se Young Lee and BloombergDecember 7, 2025
7 hours ago
Big TechOpenAI
OpenAI goes from stock market savior to burden as AI risks mount
By Ryan Vlastelica and BloombergDecember 7, 2025
8 hours ago
InvestingStock
What bubble? Asset managers in risk-on mode stick with stocks
By Julien Ponthus, Natalia Kniazhevich, Abhishek Vishnoi and BloombergDecember 7, 2025
8 hours ago
EconomyTariffs and trade
Macron warns EU may hit China with tariffs over trade surplus
By James Regan and BloombergDecember 7, 2025
8 hours ago
EconomyTariffs and trade
U.S. trade chief says China has complied with terms of trade deals
By Hadriana Lowenkron and BloombergDecember 7, 2025
8 hours ago

Most Popular

placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
AI
Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China 'they can build a hospital in a weekend'
By Nino PaoliDecember 6, 2025
2 days ago
placeholder alt text
Economy
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
1 day ago
placeholder alt text
Economy
JPMorgan CEO Jamie Dimon says Europe has a 'real problem’
By Katherine Chiglinsky and BloombergDecember 6, 2025
1 day ago
placeholder alt text
Big Tech
Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
By Eva RoytburgDecember 5, 2025
3 days ago
placeholder alt text
Politics
Supreme Court to reconsider a 90-year-old unanimous ruling that limits presidential power on removing heads of independent agencies
By Mark Sherman and The Associated PressDecember 7, 2025
16 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.