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Stock impact report

Government partially shuts down as Senate fails to take up $1.2T spending package in time [FOX News]

ENERGY & WTR DEV CORP (EAWD) 
Company Research Source: FOX News
The Senate failed to pass a $1.2T government spending package that was approved by the House earlier on Friday, ushering in a partial government shutdown. The upper chamber's Republicans and Democrats did not reach a deal in which they would forego a lengthy period of debate and swiftly take a vote on the spending bills in time to avoid the shutdown. Due to disagreements between the parties on whether to consider several amendments, the bills weren't passed prior to the 12:01 a.m. deadline on Saturday. However, within the 11 p.m. hour on Friday night, the parties appeared to reach an agreement, with senators returning to the floor. Two senior GOP Senate sources confirmed to Fox News Digital that votes on amendments and the spending package are expected shortly after midnight. Majority Leader Chuck Schumer, D-N.Y., announced that an agreement was reached on the floor with only minutes until midnight, adding that several amendment votes would take place first. The House passed th Show less Read more
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