Trump predicts the government could be shut down over the spending bill.

Trump predicts the government could be shut down over the spending bill.

President Donald Trump has predicted that the government could shut down due to ongoing disagreements between the Republican-controlled House and the Democratic-controlled Senate over a spending bill. The House passed a seven-week stopgap funding bill on Friday, but the Senate failed to advance either the Republican or Democratic proposals, raising the likelihood of a shutdown.

The House voted 217-212 to pass the funding patch, which would extend existing funding levels until November 21. However, the Senate deadlocked over the measure, with Democrats blocking the Republican stopgap bill and Republicans blocking the Democratic counter-proposal. Neither proposal received the 60 votes needed to advance, leaving the government's future funding uncertain.

The Senate's inaction has heightened tensions on Capitol Hill and raised the prospects of a shutdown. Senate Majority Leader John Thune, R-S.D., suggested that the Senate could shut down the government if Democrats refuse to accept the Republican stopgap bill. Meanwhile, President Trump told Republicans not to negotiate with Democrats on the legislation.

The stalemate has been exacerbated by the congressional calendar, which has both chambers out next week for Rosh Hashanah. The Senate is not scheduled to return until September 29, leaving less than 48 hours to broker a deal and get it to Trump's desk.

House Speaker Mike Johnson, R-La., told reporters following the House vote that the chamber would not reconvene until October 1, effectively passing the burden to the Senate to find a solution. Democratic leaders have vowed not to help Republicans get the votes needed on their current stopgap, a stark contrast from March when Senate Democrats did just that.

The shutdown appears more likely as the Senate's recess approaches, with some senators suggesting that the Republican leadership is not inclined to negotiate. Sen. Patty Murray, D-Wash., said that the only path away from a shutdown runs through bipartisan negotiations, while Sen. Chris Murphy, D-Conn., called the GOP leaders' stance "malpractice."

The House's approval of the seven-week stopgap spending bill marks the second time this year the chamber has approved a continuing resolution on a predominantly party-line vote. House Appropriations Chairman Tom Cole, R-Okla., said the stopgap spending bill is needed to give lawmakers more time to pass the dozen full-year government spending bills and called it the "responsible path."

The government funding deadline is approaching, and the current impasse could lead to a protracted, deeply political government showdown that could last for weeks or even months. The political climate surrounding the shutdown has raised concerns among investors and financial professionals, who are closely watching the situation to assess its potential impact on the economy.