A joint resolution is a resolution passed by both the Senate and the House together. It has to pass with a majority of each chamber (House and Senate). Such a JR passed by Congress, would end Trump’s “National Emergency” and any funding/authority derived from it.
If the House of Representatives passes it, I don’t know if McConnell can refuse to bring it to a vote in the Senate given the language of the Federal Law. I’d say in the short term it would have a 70/30% chance of failing in the Senate (first vote), now idea what would happen six months from now with a new resolution.
But what McConnell will NOT want is to have Senators on record voting to keep the shutdown active and having Trump taking money from the military under a “national emergency”. The GOP already has problems with the Senate class up for reelection in 2020 and Schumer would like nothing better than to have such a vote on record.
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