Loading Posts...

Longest Shutdown in History Ends – Trump and Pelosi Will Do a Deal

Longest Shutdown in History Ends - Trump and Pelosi Will Do a Deal

Congress passed a bill that allows for the reopening of government for three weeks while lawmakers strike an immigration deal. This could be a win for both Republicans and Democrats as they both made concessions that will give them leverage in the 2020 election. After a 35-day closure, the US government is opening again and the demand for $5.7 billion dollars seems to stand. But now some conservatives are staging a backlash against Trump as he is now supporting a plan he claimed he would veto.

Note that he has threatened a national emergency to fund the Wall but has for now, backed away from that statement. Such a move would likely put thousands of US officers on the border and stop all illegal traffic.

Now the 800,000 federal lawmakers who started to miss their second paychecks Friday, and some are now relieved that if a deal becomes law, they will get their back pay in their accounts within 4 to 5 days. Apparently, the President will use these three weeks to work on a deal, note there is a committee being set up composed of Democrats and Republicans to take the Wall discussion to the next level.

Trump says he wants Congress to craft the new immigration law that suits him and others. Otherwise he will start to make way for a national emergency and there will be funds paid for a Wall. We at Classiarius feel that the ongoing grandstanding by the Republicans and Democrats will continue as this Wall issue is likely to turn out as a key 2020 campaign issue that both sides want to exploit in the coming 18 months.

Team Classiarius




The author didnt add any Information to his profile yet

Classarius is the only data driven news for blockchain, cryptocurrencies and technology from investment professionals.
Disclaimer: We do not provide investment advice or strategies, this article is not intended as such but only to provide you the reader with information. Please conduct your own research before any investment of any kind.

Classiarius Guest Posts
Classiarius allows guests to write articles on blockchain, finance, and analysis on technology, political risks and crpytocurrencies. You may include links to your previous content in your articles. Write Guest posts
Loading Posts...