Senate Punts - Shutdown Fight Postponed For Mere Days

The US Senate has moved to pass a stopgap bill for funding the federal government, amounting to a punt which will only last two-three weeks at most, and only sets the stage for an even greater fight over what will be included in the eventual spending bill.  Set aside the problem of the US debt ceiling and the fact that our nation is essentially bankrupt; the stopgap changes nothing, and each stopgap seems to be set for a shorter and shorter duration.  We may see a time not too far from now in which stopgap bills are debated every couple of weeks (unless of course there is a sudden war, and then a funding bill may be guaranteed).  What will this do to foreign faith in US credit, I wonder...

 

The Senate moved to end the U.S. government shutdown after three days by advancing a temporary spending bill and agreeing to consider a politically charged immigration proposal that promises another intense partisan fight within weeks.

The impasse broke Monday as Democrats accepted a deal from Senate Majority Leader Mitch McConnell that would fund the government through Feb. 8. In exchange, McConnell agreed to address Democratic demands that Congress quickly restore protections against deportation to young undocumented immigrants brought to the U.S. as children, which advocates call "dreamers."

"I am pleased that Democrats and Republicans in Congress have now come to their senses," President Donald Trump said in a statement read Monday at the White House briefing. "We will make a long term deal if and only if it’s good for our country."

The agreement paves the way to reopen government offices as soon as Tuesday. The Senate still must take a final vote on the measure, which also must be passed by the House and signed by the president. And it set the clock for a showdown between Republicans and Democrats on immigration, one that could potentially end in another standoff over spending.

 

READ MORE HERE:

https://www.bloomberg.com/news/articles/2018-01-22/senate-moves-to-end-u-s-shutdown-sets-up-immigration-fight

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