Just in:
Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Universal Language for Healthcare: General Authority Embraces Global Coding System // Konica Minolta is named ASEAN 2023 Market Leader in Colour Light and Mid Digital Production Printers // Sunshine’s Debut Features Leave Tech World Scratching Its Head // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Global Audience to Witness Thrill of Dubai World Cup // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // Emirates Post Speeds Up Deliveries for GCC with Special Day // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // German Job Market Resilience Bodes Well for Economic Recovery // New Nylon Constant Torque Hinge From Southco Provides Position Control In A Compact Package // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // US reiterates concern over Kejriwal arrest, Cong accounts // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // Ingdan Announces 2023 Annual Results // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // No running of govt from jail, says Delhi Lt Governor // Arvind Kejriwal Was Used By BJP In 2011 Movement To Take On The Congress //
HomeInvestingTrump Calls Schumer’s Bluff: “If There’s A Shutdown, There’s A Shutdown… Democrats Would Be To Blame”

Trump Calls Schumer’s Bluff: “If There’s A Shutdown, There’s A Shutdown… Democrats Would Be To Blame”

With Democrats seemingly unsatisfied with Republicans dropping border wall funding and adjusting on Obamacare-related items, it appears President Trump is calling Schumer’s and Pelosi’s bluff, proclaiming “If there’s a shutdown, there’s a shutdown,” adding that Democrats would be to blame if the federal government was left unfunded.

Schumer today:

ADVERTISEMENT
  • *SCHUMER: TRUMP CONCESSIONS BRING SPENDING DEAL CLOSER TO FINISH
  • *SCHUMER SAYS ‘SOME STICKING POINTS’ LEFT ON SPENDING BILL TALKS
  • *SCHUMER SAYS REVISED GOP HEALTH CARE BILL ‘WORSE’ THAN INITIAL
  • *SCHUMER SAYS ISSUE OF POISON PILL RIDERS STILL OUTSTANDING

Pelosi added:

  • *HOUSE DEMOCRATIC LEADER PELOSI SAYS WALL FUNDING ONE ISSUE
  • *PELOSI: UNCERTAINTY RE OBAMACARE COST-SHARING PAYMT ALSO ISSUE
  • *PELOSI: TYING STOPGAP SPENDING TO HEALTH BILL WOULD BE STUPID

And so, as Reuters reports, President Donald Trump downplayed the severity of a potential government shutdown, making it clear who will be to blame

“We’ll see what happens. If there’s a shutdown, there’s a shutdown,” Trump told Reuters in an interview, adding that Democrats would be to blame if the federal government was left unfunded.

 

Trump added that a shutdown would be a “very negative thing” but that his administration was prepared if it was necessary.

As part of the budget negotiations, Democrats have called for financial support to prop up Puerto Rico’s Medicaid program covering health insurance for the poor, but many Republicans are opposed to the idea. Trump also said it would be unfair to offer a debt bailout to Puerto Rico, a U.S. territory, because it was unfair to people in U.S. states.

“I don’t think that’s fair to the people of Iowa, and I don’t think it’s fair to the people of Wisconsin and Ohio and North Carolina and Pennsylvania that we should be bailing out Puerto Rico for billions and billions of dollars,” Trump said. ” No I don’t think that’s fair.”

Notably, while equity markets are whistling complecentlypast the graveyard, USA sovereign risk has surged back to its highest (relative to Germany) since Trump’s election as the threat of a government shutdown gets priced into a non-manipulated market…

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
Universal Language for Healthcare: General Authority Embraces Global Coding System // TUMI Hosts Global Launch Event in Singapore to Unveil Women’s Asra Collection and Announce Global Ambassador, Mun Ka Young // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // No running of govt from jail, says Delhi Lt Governor // US reiterates concern over Kejriwal arrest, Cong accounts // Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Emirati Aid Reaches Ukraine as Food Shortages Bite // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact // Emirates Post Speeds Up Deliveries for GCC with Special Day // Sunshine’s Debut Features Leave Tech World Scratching Its Head // Global Audience to Witness Thrill of Dubai World Cup // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Ingdan Announces 2023 Annual Results // German Job Market Resilience Bodes Well for Economic Recovery // Melco Style Presents “SANRIO CHARACTERS STUDIO CITY CARNIVAL” – Explore a SANRIO World of Unlimited Love and Cuteness // CABSAT 2024 Ushers in 30 Years of Media Innovation // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // New Nylon Constant Torque Hinge From Southco Provides Position Control In A Compact Package // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // Arvind Kejriwal Was Used By BJP In 2011 Movement To Take On The Congress //