U.S. lawmakers reached a critical resolution late Wednesday night as the House of Representatives approved a Senate-backed spending package, concluding the longest federal shutdown in American history. The 222-209 House vote follows Monday's 60-40 Senate approval, with the legislation now awaiting President Donald Trump's anticipated signature.
The 35-day partial government closure caused significant economic disruption, with the Congressional Budget Office estimating $14 billion in lost GDP growth. While federal operations resume immediately, analysts warn the shutdown's ripple effects may influence global markets – particularly in Asia, where export-driven economies remain sensitive to U.S. political stability.
Business leaders across Asia are cautiously monitoring the situation. 'This resolution brings temporary relief,' said Singapore-based economist Dr. Mei Lin Tan, 'but recurring U.S. budgetary conflicts create uncertainty for Asian supply chains and investment planning.' The deal funds agencies through February 15, setting up potential renewed tensions in coming weeks.
