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Craig Caplan
Craig Caplan|Oct 27, 2025 21:59
Speaker Johnson on Government Shutdown Day 27 on whether the Administration should be using SNAP contingency funding: "The SNAP benefits is a unique situation. I got a summary of the whole legal analysis, and it certainly looks legitimate to me. The contingency funds are not legally available to cover the benefits right now. The reason is because it’s a finite source of funds. It was appropriated by Congress, and if they transfer funds from these other sources, it pulls it away immediately from school meals and infant formula. So, it’s a trade-off. There has to be a preexisting appropriation for the contingency fund to be used, and Democrats blocked that appropriation when they rejected the clean continuing resolution.”(Craig Caplan)
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Timeline

Nov 20, 15:05BONK launches regulated ETP on SIX
Nov 10, 15:25The Speaker of the House believes there are enough votes to pass the bill.
Nov 09, 23:49The U.S. Senate may vote on temporary funding measures on the 10th.
Nov 09, 23:16U.S. Senate Democrats push for funding plan
Nov 09, 03:53MemeCore × MemeMax Pre-Launch Event is Coming
Nov 02, 13:23Stablecoins may be misnamed, with risks far outweighing rewards.
Oct 31, 16:02Ripple, Stellar, Hedera support compliance collaboration with banks and enterprises
Oct 29, 23:16Emergency funds cannot legally cover SNAP benefits
Oct 29, 13:58Potential Turning Point for U.S. Government Shutdown
Oct 29, 13:47The government shutdown may see a turnaround early next week.

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