Senate Democratic leader Chuck Schumer has announced that his party will block a Republican spending bill aimed at averting a government shutdown. Instead, Schumer urged the GOP to accept a Democratic plan providing funding through April 11. The move has raised stakes in the ongoing dispute between congressional Republicans and Democrats, increasing the risk of a shutdown just as financial markets are sensitive to disruptions.
Source: https://www.bloomberg.com/news/articles/2025-03-12/schumer-says-democrats-will-block-gop-plan-to-avert-us-shutdown