Schumer backs GOP stopgap bill as government shutdown would be 'far worse'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2025
0mins
Source: SeekingAlpha
Government Funding Bill Vote: U.S. lawmakers are preparing to vote on a Republican-led stopgap funding bill to prevent a government shutdown, with Senate Minority Leader Chuck Schumer supporting the measure despite concerns over its implications for government services.
Budget Implications: The bill maintains current spending levels without cuts to Medicare, Medicaid, or Social Security, while increasing defense spending and proposing significant tax cuts and reductions in federal spending in future budget plans.
Analyst Views on SCHO
Wall Street analysts forecast SCHO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SCHO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 24.360
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Current: 24.360
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
