1 00:00:02,520 --> 00:00:10,080 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the 2 00:00:10,119 --> 00:00:13,880 Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at 3 00:00:13,920 --> 00:00:17,119 Speaker 1: noon and five pm Eastern on Apple Coarckley and Android 4 00:00:17,160 --> 00:00:20,520 Speaker 1: Auto with the Bloomberg Business App. Listen on demand wherever 5 00:00:20,600 --> 00:00:24,600 Speaker 1: you get your podcasts, or watch us live on YouTube. 6 00:00:25,360 --> 00:00:28,680 Speaker 2: As we track the bead on Capitol Hill, there's not 7 00:00:28,760 --> 00:00:31,200 Speaker 2: much to track today. There are lawmakers in town, the 8 00:00:31,280 --> 00:00:34,000 Speaker 2: leadership is here, but there are no votes on this 9 00:00:34,120 --> 00:00:37,519 Speaker 2: Yam Kapor. They will resume tomorrow, John Thune suggesting that 10 00:00:37,560 --> 00:00:40,040 Speaker 2: we'll get two votes again, one on the Republican version, 11 00:00:40,320 --> 00:00:42,800 Speaker 2: another on the Democratic version. They did this yesterday. They 12 00:00:42,840 --> 00:00:48,559 Speaker 2: both failed on this shutdown day. There are big questions 13 00:00:48,560 --> 00:00:51,400 Speaker 2: though about what comes after the weekend and whether a 14 00:00:51,440 --> 00:00:53,920 Speaker 2: deal will come together. The presidents on the horn today 15 00:00:53,920 --> 00:00:56,520 Speaker 2: with Russ Vote as we've told you, talking about potential 16 00:00:56,920 --> 00:00:59,240 Speaker 2: cuts in the meantime, whether or not they are permanent. 17 00:01:00,000 --> 00:01:01,800 Speaker 2: The Speaker of the House is in town even though 18 00:01:01,840 --> 00:01:02,840 Speaker 2: the House is out of session. 19 00:01:02,880 --> 00:01:04,160 Speaker 3: He spoke earlier with reporters. 20 00:01:04,240 --> 00:01:07,160 Speaker 4: Listen, don't ask the Republicans what we should be doing 21 00:01:07,200 --> 00:01:09,319 Speaker 4: or what we should be negotiating. I don't have anything 22 00:01:09,360 --> 00:01:12,840 Speaker 4: to negotiate. I sent them, in good faith, exactly what 23 00:01:12,880 --> 00:01:14,760 Speaker 4: they had put it for before. We did not put 24 00:01:14,800 --> 00:01:17,520 Speaker 4: any Republican provisions in that. And we try to make 25 00:01:17,560 --> 00:01:21,360 Speaker 4: this very simple in good faith, so the appropriations process 26 00:01:21,400 --> 00:01:22,840 Speaker 4: of the people can continue. 27 00:01:24,200 --> 00:01:25,959 Speaker 2: If we can't ask the Speaker of the House, then 28 00:01:25,959 --> 00:01:29,480 Speaker 2: we'll ask. Eric Watson Bloomberg, congressional reporter, is back on 29 00:01:29,520 --> 00:01:31,160 Speaker 2: the hill today as if he ever left. 30 00:01:31,240 --> 00:01:33,040 Speaker 3: It's great to have you here. Eric. 31 00:01:33,080 --> 00:01:35,440 Speaker 2: What's the mood up there. It's a quiet day, and 32 00:01:35,480 --> 00:01:37,920 Speaker 2: I suspect one of reflection. Will it lead to any 33 00:01:37,920 --> 00:01:39,080 Speaker 2: different outcomes tomorrow? 34 00:01:39,720 --> 00:01:41,520 Speaker 5: You know, we could see some back channeling. You know, 35 00:01:41,600 --> 00:01:45,039 Speaker 5: Mike Rounds is one of the Republicans. It's Shelley Moore Capito. 36 00:01:45,400 --> 00:01:47,440 Speaker 5: These are people who are very interested in the Obamacare 37 00:01:47,480 --> 00:01:50,560 Speaker 5: subsidies being extended. They're reaching out an olive brand saying 38 00:01:50,560 --> 00:01:52,800 Speaker 5: maybe we can get some kind of process going. But 39 00:01:52,840 --> 00:01:55,600 Speaker 5: they're also holding the line saying we can't insert these 40 00:01:55,640 --> 00:01:58,680 Speaker 5: healthcare policy changes into the stopcap spending bill. And that's 41 00:01:58,720 --> 00:02:01,440 Speaker 5: the line that Mike Johnson I was just saying right there. 42 00:02:01,760 --> 00:02:04,880 Speaker 5: But inflaming all this potentially are these mass layoffs that 43 00:02:04,960 --> 00:02:08,720 Speaker 5: the Trump administration may start conducting, may start announcing, you know, 44 00:02:08,720 --> 00:02:11,280 Speaker 5: the White House spokesperson saying they could be in the thousands. 45 00:02:11,400 --> 00:02:13,680 Speaker 5: There's a lot of legal questions about that, whether they 46 00:02:13,680 --> 00:02:17,600 Speaker 5: could be carried out without violating appropriations laws. And so 47 00:02:17,680 --> 00:02:20,760 Speaker 5: far Democrats are digging in saying, you know, Republicans were 48 00:02:20,760 --> 00:02:23,480 Speaker 5: going to try to do these layoffs anyhow, We're not 49 00:02:23,520 --> 00:02:25,600 Speaker 5: going to be intimidated. So it could actually make it 50 00:02:25,720 --> 00:02:27,880 Speaker 5: harder to get to a final deal because they don't 51 00:02:27,880 --> 00:02:29,720 Speaker 5: want to seed to be bullied. 52 00:02:31,960 --> 00:02:34,760 Speaker 6: Eric, can you give us a sense on where leadership 53 00:02:34,840 --> 00:02:38,120 Speaker 6: discussions are right now? Are counterparts talking to each other? 54 00:02:38,280 --> 00:02:41,519 Speaker 6: Any idea on if there's going to be another White 55 00:02:41,520 --> 00:02:44,919 Speaker 6: House meeting, considering that we heard the Democratic leadership come 56 00:02:44,960 --> 00:02:47,239 Speaker 6: out of the meeting earlier this week saying that President 57 00:02:47,240 --> 00:02:49,359 Speaker 6: Trump's going to be the ultimate decision maker here. 58 00:02:50,240 --> 00:02:52,600 Speaker 5: Yeah, I don't see any sign of a White House meetings. 59 00:02:52,919 --> 00:02:55,720 Speaker 5: You know, there could be a meeting between Thun the 60 00:02:55,760 --> 00:02:58,640 Speaker 5: Majority leader, and the Senate the Republican and Chuck Schumer 61 00:02:58,639 --> 00:03:02,240 Speaker 5: when he returns from the Goobor holiday on Friday, will 62 00:03:02,280 --> 00:03:05,000 Speaker 5: be sticking that out seeing if there's any kind of movement. 63 00:03:05,480 --> 00:03:08,360 Speaker 5: One thing that I'm looking for. One potential solution is, 64 00:03:08,560 --> 00:03:10,840 Speaker 5: you know, Democrats getting some kind of commitment on an 65 00:03:10,919 --> 00:03:13,960 Speaker 5: up or down vote on an ACA extension bill. You know, 66 00:03:14,000 --> 00:03:17,280 Speaker 5: something stronger than just vague promises of a conversation later 67 00:03:17,600 --> 00:03:19,480 Speaker 5: but so far to speak of ash just saying yeah, yeah, 68 00:03:19,520 --> 00:03:21,080 Speaker 5: we'll talk about this before the end of the year. 69 00:03:21,120 --> 00:03:23,960 Speaker 5: Democrats say that's just not enough, you know, just pledging 70 00:03:24,000 --> 00:03:25,080 Speaker 5: to talk in the future. 71 00:03:25,320 --> 00:03:26,160 Speaker 7: They need something more. 72 00:03:26,200 --> 00:03:28,200 Speaker 5: So there's ways to bridge that gap. Maybe the up 73 00:03:28,240 --> 00:03:30,680 Speaker 5: or down vote on a bill by Jennifer Kiggins, one 74 00:03:30,680 --> 00:03:33,400 Speaker 5: of the vulnerable House Republicans who's put forward a one 75 00:03:33,440 --> 00:03:35,640 Speaker 5: year extension or some version of that. 76 00:03:37,120 --> 00:03:38,760 Speaker 2: You put your finger on it there, Eric, as we 77 00:03:38,840 --> 00:03:41,320 Speaker 2: heard a number of Senators acknowledge your point last evening 78 00:03:41,320 --> 00:03:44,800 Speaker 2: that that guarantee not of passage, but an up or 79 00:03:44,880 --> 00:03:46,720 Speaker 2: down vote bring it to the floor might in fact 80 00:03:46,800 --> 00:03:48,960 Speaker 2: be enough to get the gears turning again. 81 00:03:49,000 --> 00:03:49,240 Speaker 7: Here. 82 00:03:49,520 --> 00:03:51,320 Speaker 2: I just want to ask you while you're with us, Eric, 83 00:03:51,360 --> 00:03:54,280 Speaker 2: because you've been very deliberate in your reporting on some 84 00:03:54,320 --> 00:03:56,320 Speaker 2: of the talking points that we've heard. One of them 85 00:03:56,360 --> 00:04:00,360 Speaker 2: from Republicans is that Democrats want to give health care 86 00:04:00,400 --> 00:04:01,680 Speaker 2: to illegal aliens. 87 00:04:01,920 --> 00:04:03,200 Speaker 3: This is something that's been. 88 00:04:03,040 --> 00:04:05,520 Speaker 2: Batted around every day on cable news and in the 89 00:04:05,520 --> 00:04:07,960 Speaker 2: halls of Congress, and in the briefing room at the 90 00:04:08,000 --> 00:04:11,160 Speaker 2: White House where jd. Vance yesterday in fact spoke to 91 00:04:11,240 --> 00:04:15,480 Speaker 2: that talked about how that was working. When undocumented immigrants, 92 00:04:15,520 --> 00:04:18,760 Speaker 2: for instance, show up at the emergency room for care, 93 00:04:18,839 --> 00:04:21,760 Speaker 2: they're obviously not going to just bleed out, so somebody. 94 00:04:21,440 --> 00:04:22,600 Speaker 3: Has to pay for that care. 95 00:04:23,120 --> 00:04:25,680 Speaker 2: There are some other untruths though, when it comes to 96 00:04:26,200 --> 00:04:30,000 Speaker 2: people who are considered presently lawful, like those who are 97 00:04:30,000 --> 00:04:33,680 Speaker 2: on TPS or in the DACA program. Are there some 98 00:04:33,800 --> 00:04:35,120 Speaker 2: truths and untruths to this. 99 00:04:36,000 --> 00:04:38,200 Speaker 5: Yeah, it's a really complicated issue. Well, we can definitely 100 00:04:38,240 --> 00:04:39,720 Speaker 5: say for a sure is that the President when he 101 00:04:39,720 --> 00:04:42,400 Speaker 5: says one point four trillion dollars in the Democratic proposal 102 00:04:42,440 --> 00:04:44,960 Speaker 5: for illegal alien healthcare, that's a complete exaggeration. 103 00:04:45,400 --> 00:04:46,600 Speaker 7: Is a tiny fraction of that. 104 00:04:47,080 --> 00:04:49,560 Speaker 5: The most solid thing they're standing on is this emergency 105 00:04:49,920 --> 00:04:55,600 Speaker 5: services Medicaid match, which has reduced in the Republican tax bill. 106 00:04:56,120 --> 00:04:59,560 Speaker 5: You know, some states do cover emergency services for the undocumented. 107 00:04:59,600 --> 00:05:01,720 Speaker 5: This would reduced that from a ninety percent match to 108 00:05:01,760 --> 00:05:04,039 Speaker 5: a lower rate. So in some ways you could say 109 00:05:04,040 --> 00:05:07,680 Speaker 5: because money's fungible at the state level. This is reducing 110 00:05:07,720 --> 00:05:12,200 Speaker 5: potential healthcare for undocumented immigrants, and repealing that would cause 111 00:05:12,240 --> 00:05:15,360 Speaker 5: an increase. The gray area really is around parolees and 112 00:05:15,440 --> 00:05:18,960 Speaker 5: asylum seekers. These people do have documentation to be here. 113 00:05:19,120 --> 00:05:22,400 Speaker 5: They were previously able to get Obamacare subsidies. 114 00:05:22,440 --> 00:05:23,320 Speaker 8: The law bans that. 115 00:05:23,800 --> 00:05:27,600 Speaker 5: Republicans continue to call these people illegal aliens, mostly referring 116 00:05:27,600 --> 00:05:29,719 Speaker 5: to the way that they likely entered the country, but 117 00:05:29,960 --> 00:05:32,719 Speaker 5: nonetheless they did have papers. So Democrats are saying it's 118 00:05:32,720 --> 00:05:34,560 Speaker 5: a lie. So it's kind of a mixed bag, which 119 00:05:34,560 --> 00:05:36,680 Speaker 5: certainly we can say it's an exaggeration. And I think 120 00:05:36,760 --> 00:05:38,599 Speaker 5: at the end of the day, Democrats are not insisting 121 00:05:38,640 --> 00:05:39,360 Speaker 5: on this provision. 122 00:05:39,960 --> 00:05:40,919 Speaker 8: It was in their offer. 123 00:05:41,000 --> 00:05:44,040 Speaker 5: But the key thing for them is this Obamacare subsidies, 124 00:05:44,400 --> 00:05:46,400 Speaker 5: which we'll see, you know, millions of people see their 125 00:05:46,440 --> 00:05:48,920 Speaker 5: premium skyrocket, and that's where the deal lies. 126 00:05:49,880 --> 00:05:52,520 Speaker 2: I really appreciate you delineating that for us. Eric, Thank 127 00:05:52,560 --> 00:05:55,280 Speaker 2: you for continuing your great reporting on the Hill. Eric 128 00:05:55,279 --> 00:05:58,320 Speaker 2: Watson Bloomberg Congressional reporter, look for from on the terminal 129 00:05:58,360 --> 00:06:02,359 Speaker 2: and of course online. That is just another reminder Tyler 130 00:06:02,520 --> 00:06:05,320 Speaker 2: of you know, it's not often what you hear from 131 00:06:05,320 --> 00:06:07,919 Speaker 2: the politicians, but there's frequently an element of truth to 132 00:06:07,960 --> 00:06:09,760 Speaker 2: what they're talking about. Sometimes you have to do a 133 00:06:09,800 --> 00:06:11,720 Speaker 2: little bit of digging though, to see where it is right. 134 00:06:11,720 --> 00:06:14,479 Speaker 6: Really important context there from our Eric Watson and I 135 00:06:14,520 --> 00:06:16,960 Speaker 6: sort of feel like I'm almost having deja vu because 136 00:06:17,000 --> 00:06:19,200 Speaker 6: we're hearing a lot of the same conversations that we 137 00:06:19,200 --> 00:06:21,400 Speaker 6: were having over the summer as we got closer to 138 00:06:21,440 --> 00:06:25,360 Speaker 6: passing the one big, beautiful built related to these provisions 139 00:06:25,400 --> 00:06:28,360 Speaker 6: when it comes to Medicaid. But then also importantly the 140 00:06:28,520 --> 00:06:32,360 Speaker 6: idea that the administration was trying to streamline bureaucracy make 141 00:06:32,440 --> 00:06:35,640 Speaker 6: these spending cuts that some in the House Freedom Caucus, 142 00:06:35,680 --> 00:06:39,159 Speaker 6: for example, really wanted to see. This whole idea that 143 00:06:39,200 --> 00:06:42,080 Speaker 6: we're seeing perhaps emerge from the OMB reminds me of 144 00:06:42,160 --> 00:06:45,479 Speaker 6: the negotiations that we saw hardline conservatives having with the 145 00:06:45,520 --> 00:06:46,440 Speaker 6: Senate over the summer. 146 00:06:46,760 --> 00:06:49,240 Speaker 2: That's true, if only we could get some negotiations started now. 147 00:06:49,279 --> 00:06:51,880 Speaker 2: That seems to be the point. As Eric Watson mentioned, 148 00:06:51,880 --> 00:06:55,240 Speaker 2: the two leaders could in fact get together tomorrow. If 149 00:06:55,279 --> 00:06:59,359 Speaker 2: we in fact saw John Thune and Chuck Schumer in 150 00:06:59,400 --> 00:07:02,080 Speaker 2: the same room, you would tend to think that maybe 151 00:07:02,120 --> 00:07:04,239 Speaker 2: the ball is starting to roll again because they haven't 152 00:07:04,240 --> 00:07:06,960 Speaker 2: been together since that meeting in the Oval Office that 153 00:07:07,000 --> 00:07:09,840 Speaker 2: not only ended poorly but resulted in the meme videos 154 00:07:09,840 --> 00:07:12,080 Speaker 2: that President Trump was sending out and so forth about 155 00:07:13,360 --> 00:07:15,680 Speaker 2: Chuck Schumer and Haakim Jeffreys. Has been a lot of 156 00:07:15,680 --> 00:07:16,880 Speaker 2: bad blood in this conversation. 157 00:07:17,200 --> 00:07:20,520 Speaker 6: It feels like we are really past the breaking point 158 00:07:20,640 --> 00:07:23,080 Speaker 6: when it comes to trust. That is something that lawmakers 159 00:07:23,120 --> 00:07:26,120 Speaker 6: on both sides of the aisle really do keep telling us. 160 00:07:26,160 --> 00:07:28,640 Speaker 6: And there's pressure really coming from the White House on 161 00:07:28,760 --> 00:07:32,680 Speaker 6: Republicans on multiple fronts when it comes to this issue, 162 00:07:32,680 --> 00:07:35,560 Speaker 6: including of course threading the needle when it comes to 163 00:07:35,640 --> 00:07:38,920 Speaker 6: potential permanent firings. That's something that we're going through watching 164 00:07:38,920 --> 00:07:39,280 Speaker 6: really close. 165 00:07:39,280 --> 00:07:41,040 Speaker 2: Well see maybe we get headlines on that today as 166 00:07:41,080 --> 00:07:43,920 Speaker 2: the President speaks with Russ Vote. As we mentioned this hour, 167 00:07:43,960 --> 00:07:45,800 Speaker 2: we're going to be speaking with members from both sides 168 00:07:45,840 --> 00:07:49,480 Speaker 2: of the aisle. Later, Congressman Bryan Style, the Republican from Wisconsin, 169 00:07:49,520 --> 00:07:52,160 Speaker 2: and right now, Congressman Joe Morelly, the Democrat from New 170 00:07:52,200 --> 00:07:54,720 Speaker 2: York's twenty fifth district, is with a slide from Capitol 171 00:07:54,800 --> 00:07:56,760 Speaker 2: Hill and Congress Morelli is great to have you on 172 00:07:56,840 --> 00:07:59,280 Speaker 2: Bloomberg TV and Radio. I think this is your debut 173 00:07:59,320 --> 00:08:01,640 Speaker 2: on balance of power, and we appreciate that very much. 174 00:08:01,960 --> 00:08:03,440 Speaker 3: What are you doing in town? Everybody? 175 00:08:03,520 --> 00:08:03,640 Speaker 9: Was? 176 00:08:03,840 --> 00:08:06,280 Speaker 2: I thought going to head out for yam kuport today. 177 00:08:06,640 --> 00:08:09,720 Speaker 2: There does seem to be this element of wanting to 178 00:08:09,760 --> 00:08:12,679 Speaker 2: be present on both sides of the aisle, for that matter, 179 00:08:12,880 --> 00:08:14,320 Speaker 2: in case something happens. 180 00:08:14,680 --> 00:08:16,560 Speaker 3: What's happening to that role on Capitol Hill? 181 00:08:17,280 --> 00:08:17,480 Speaker 8: Yeah? 182 00:08:17,480 --> 00:08:20,040 Speaker 9: Well, I sadly I'm going to be not sadly that 183 00:08:20,120 --> 00:08:22,000 Speaker 9: I'm going home, but I'm going to be going home 184 00:08:22,000 --> 00:08:22,520 Speaker 9: in a little while. 185 00:08:22,560 --> 00:08:23,520 Speaker 8: I had some meetings this morning. 186 00:08:23,600 --> 00:08:25,280 Speaker 9: I wanted to make sure that I was present for 187 00:08:25,520 --> 00:08:28,600 Speaker 9: so not much happening here though we were here in 188 00:08:28,640 --> 00:08:31,920 Speaker 9: the House, and House Republicans didn't come back to Washington, 189 00:08:32,040 --> 00:08:34,320 Speaker 9: so after a few days, it seemed prude to go 190 00:08:34,400 --> 00:08:35,920 Speaker 9: back and talk to folks who are going to be 191 00:08:35,920 --> 00:08:38,760 Speaker 9: impacted by all of what's going on. 192 00:08:40,679 --> 00:08:43,680 Speaker 6: So, Congressman, can you give us any sort of inside view? 193 00:08:44,360 --> 00:08:48,000 Speaker 6: Are there any negotiations happening right now behind closed doors? 194 00:08:48,040 --> 00:08:50,599 Speaker 6: Are we any closer to solving this to get the 195 00:08:50,640 --> 00:08:51,559 Speaker 6: government reopened? 196 00:08:52,679 --> 00:08:52,880 Speaker 8: Yeah? 197 00:08:52,880 --> 00:08:54,880 Speaker 9: I don't think we're very much closer than we were 198 00:08:54,920 --> 00:08:56,800 Speaker 9: the last day or two. I think what will happen 199 00:08:57,240 --> 00:08:59,559 Speaker 9: is people will go home. They're going to talk to constituents. 200 00:08:59,600 --> 00:09:01,679 Speaker 9: I think they've to get a feel for how people 201 00:09:01,720 --> 00:09:05,600 Speaker 9: feel impacted by that, and hopefully next week our friends 202 00:09:05,600 --> 00:09:08,680 Speaker 9: on the Republican side will recognize that if you want 203 00:09:08,720 --> 00:09:11,439 Speaker 9: people to compromise, you have to sit down and find 204 00:09:11,480 --> 00:09:15,520 Speaker 9: common ground. And we are very committed to the idea 205 00:09:15,559 --> 00:09:18,559 Speaker 9: that the healthcare changes that have been made over the 206 00:09:18,640 --> 00:09:22,360 Speaker 9: last several months, where nearly twenty million Americans will be 207 00:09:22,559 --> 00:09:26,080 Speaker 9: either have no health insurance any longer or will be 208 00:09:26,080 --> 00:09:30,359 Speaker 9: paying double or triple what they're currently paying in premiums, 209 00:09:30,480 --> 00:09:33,920 Speaker 9: is untenable, and we want our Republican friends to understand 210 00:09:34,440 --> 00:09:37,960 Speaker 9: that destroying the healthcare system and frankly, using that money 211 00:09:38,000 --> 00:09:42,520 Speaker 9: instead to benefit the literally the wealthiest of Americans isn't 212 00:09:43,200 --> 00:09:45,000 Speaker 9: something that's in the interest of the American people. 213 00:09:46,000 --> 00:09:49,240 Speaker 2: You're, of course on the Appropriations Committee, Congressman. If somehow 214 00:09:49,280 --> 00:09:53,080 Speaker 2: there's a deal and we get a cr through Thanksgiving roughly, 215 00:09:53,520 --> 00:09:56,120 Speaker 2: would it be possible to come out of that period 216 00:09:56,160 --> 00:09:59,120 Speaker 2: of time with an actual budget based on spending bills 217 00:09:59,480 --> 00:10:01,080 Speaker 2: looking some like regular order. 218 00:10:02,320 --> 00:10:04,240 Speaker 8: You know, Joe, it's a great question. I mean, I 219 00:10:04,360 --> 00:10:05,079 Speaker 8: marvel at this. 220 00:10:05,320 --> 00:10:09,320 Speaker 9: Unfortunately, Congress has rarely in the last thirty years been 221 00:10:09,360 --> 00:10:12,360 Speaker 9: able to pass appropriation bills, which is the true spending plan, 222 00:10:12,440 --> 00:10:15,240 Speaker 9: and instead we have these continuing resolutions which kick the 223 00:10:15,280 --> 00:10:17,920 Speaker 9: can down the road. Frankly, if I had mind, brothers, 224 00:10:17,960 --> 00:10:20,920 Speaker 9: we'd be working on the twelve appropriation bills, which fund 225 00:10:21,000 --> 00:10:23,160 Speaker 9: the government full time. That's really what we ought to 226 00:10:23,160 --> 00:10:26,920 Speaker 9: be focused on. Instead, we're here on a short term 227 00:10:27,160 --> 00:10:30,280 Speaker 9: spending plan that doesn't meet anyone's needs, and we get 228 00:10:30,320 --> 00:10:35,040 Speaker 9: caught up. It's kind of the Washington inside the Beltway problem, 229 00:10:35,240 --> 00:10:37,760 Speaker 9: and I think we need to address the structural, long 230 00:10:37,840 --> 00:10:41,240 Speaker 9: term issues of getting spending plans done at the start 231 00:10:41,280 --> 00:10:42,000 Speaker 9: of the fiscal year. 232 00:10:43,480 --> 00:10:47,160 Speaker 6: So in order to get that on track and ultimately 233 00:10:47,280 --> 00:10:49,640 Speaker 6: reopen the government. I want to go back to what 234 00:10:49,640 --> 00:10:52,000 Speaker 6: you were saying about Democrats holding firm when it comes 235 00:10:52,040 --> 00:10:56,560 Speaker 6: to healthcare priorities. What specific enforcement mechanism are you looking 236 00:10:56,600 --> 00:10:59,040 Speaker 6: for from the GOP in order to agree to a 237 00:10:59,080 --> 00:11:02,840 Speaker 6: deal and ultimately reopen the government and lead to those 238 00:11:02,880 --> 00:11:05,760 Speaker 6: negotiations or does all this have to be sorted before 239 00:11:05,840 --> 00:11:06,520 Speaker 6: that can happen. 240 00:11:07,360 --> 00:11:09,200 Speaker 9: Yeah, Tyler, is a great question. I think there's two 241 00:11:09,200 --> 00:11:12,439 Speaker 9: things that concern us. One is the actual cuts. I mean, 242 00:11:12,520 --> 00:11:17,200 Speaker 9: the reconciliation bill basically jeopardizes fifteen million Americans health insurance. 243 00:11:17,600 --> 00:11:19,560 Speaker 9: The bill before us right now that we're being asked 244 00:11:19,600 --> 00:11:22,720 Speaker 9: would probably add another four million Americans to the roles 245 00:11:22,720 --> 00:11:23,599 Speaker 9: of the uninsured. 246 00:11:23,640 --> 00:11:25,400 Speaker 8: So there is that issue, and how we deal. 247 00:11:25,280 --> 00:11:28,679 Speaker 9: With The second is that the administration seems to do 248 00:11:28,720 --> 00:11:31,280 Speaker 9: whatever it wants without regard to what Congress says. So 249 00:11:31,360 --> 00:11:33,520 Speaker 9: Congress has the power of the purse. We talk about 250 00:11:33,559 --> 00:11:36,319 Speaker 9: it all the time. Article one of the Constitution gives 251 00:11:36,320 --> 00:11:39,560 Speaker 9: that authority of the Congress. But even when Congress appropriates 252 00:11:39,600 --> 00:11:43,080 Speaker 9: with the president money in accordance with the law, the 253 00:11:43,120 --> 00:11:44,520 Speaker 9: president is impounded money. 254 00:11:44,520 --> 00:11:45,880 Speaker 8: He's done pocket recisions. 255 00:11:46,880 --> 00:11:49,280 Speaker 9: So the second part of it is, once we reach 256 00:11:49,320 --> 00:11:52,200 Speaker 9: a deal on substance, how do we guarantee that the 257 00:11:52,200 --> 00:11:54,560 Speaker 9: president doesn't renig on the things we all agree to. 258 00:11:54,640 --> 00:11:57,800 Speaker 9: He is notoriously bad at upholding his end of the 259 00:11:57,840 --> 00:12:00,480 Speaker 9: deal whenever he reaches a bargain, and that's a problem 260 00:12:00,520 --> 00:12:03,000 Speaker 9: not just for now, but that's a real problem going forward. 261 00:12:04,240 --> 00:12:06,040 Speaker 6: Well, I'm glad that you brought up the timeline there, 262 00:12:06,080 --> 00:12:09,400 Speaker 6: because realistically, these are complex issues that need to be 263 00:12:09,440 --> 00:12:12,520 Speaker 6: hammered out. What's sort of timeline do you think that 264 00:12:12,720 --> 00:12:15,400 Speaker 6: this could actually get done? Well? 265 00:12:15,480 --> 00:12:18,760 Speaker 9: Look, I think when people of goodwill are committed to it, 266 00:12:18,800 --> 00:12:20,840 Speaker 9: you can move mountains, and I think we need to 267 00:12:20,840 --> 00:12:23,839 Speaker 9: do that. The problem is we're so far apart right now. 268 00:12:24,080 --> 00:12:26,880 Speaker 9: And look, I don't even think this is democratic values. 269 00:12:26,920 --> 00:12:29,959 Speaker 9: These are American values. I think people back in our 270 00:12:30,000 --> 00:12:32,920 Speaker 9: communities they want us to fight for lower costs. And 271 00:12:33,000 --> 00:12:36,280 Speaker 9: lower costs means lower health insurance premiums. It means being 272 00:12:36,280 --> 00:12:39,520 Speaker 9: able to provide healthcare for your family, for your children 273 00:12:39,760 --> 00:12:41,480 Speaker 9: if something goes wrong. And by the way, whether you 274 00:12:41,480 --> 00:12:43,360 Speaker 9: have health insurance or not, you're going to go to 275 00:12:43,400 --> 00:12:46,000 Speaker 9: a hospital if you have a child who's sick. But 276 00:12:46,000 --> 00:12:48,280 Speaker 9: that what that does is it impacts the ability of 277 00:12:48,320 --> 00:12:50,960 Speaker 9: hospital to do their job well and puts them on 278 00:12:51,040 --> 00:12:54,160 Speaker 9: the brink and sometimes of insolvency. So this isn't just 279 00:12:54,240 --> 00:12:57,000 Speaker 9: a problem of people on Medicare or Medicaid or on 280 00:12:57,040 --> 00:12:59,760 Speaker 9: the Affordable Care Act insurance plans. It really affects all 281 00:12:59,760 --> 00:13:02,000 Speaker 9: of them Americans, and that's why we're so committed to this. 282 00:13:02,360 --> 00:13:04,840 Speaker 9: But I do think if people of goodwill sit down, 283 00:13:04,920 --> 00:13:06,480 Speaker 9: we can work this out, but you have to have 284 00:13:06,520 --> 00:13:07,200 Speaker 9: the will to do it. 285 00:13:08,840 --> 00:13:11,640 Speaker 2: What's going on in your office, Congressmen, are you able 286 00:13:11,679 --> 00:13:14,560 Speaker 2: to take constituent calls? Is your staff showing up without 287 00:13:14,600 --> 00:13:15,120 Speaker 2: being paid? 288 00:13:16,760 --> 00:13:19,400 Speaker 9: They are showing up, and they're all essential in my mind. 289 00:13:19,400 --> 00:13:21,320 Speaker 9: They do all the great work that we need to do. 290 00:13:21,360 --> 00:13:24,160 Speaker 9: So we're working. We've talked to them about what to expect, 291 00:13:24,679 --> 00:13:26,760 Speaker 9: but they're working hard and they know how important this 292 00:13:26,880 --> 00:13:29,800 Speaker 9: moment is. And I'm kind of anxious to be back 293 00:13:29,800 --> 00:13:32,559 Speaker 9: in Rochester, to be at Wegmans, or to be as 294 00:13:32,559 --> 00:13:36,280 Speaker 9: a dry cleaner, and in addition all the official meetings 295 00:13:36,320 --> 00:13:38,280 Speaker 9: we have, of course, just to hear what people have 296 00:13:38,320 --> 00:13:40,079 Speaker 9: to say and what their concerns are or what their 297 00:13:40,120 --> 00:13:40,640 Speaker 9: fears are. 298 00:13:40,960 --> 00:13:42,120 Speaker 8: This is an important moment. 299 00:13:42,320 --> 00:13:44,120 Speaker 9: And look, we're going to have to figure out a 300 00:13:44,120 --> 00:13:47,680 Speaker 9: way in this moment to bring people together in Congress 301 00:13:47,679 --> 00:13:51,360 Speaker 9: and in the country. I'm deathly afraid of what's happening 302 00:13:51,640 --> 00:13:54,440 Speaker 9: in America where people are picking sides before they even 303 00:13:54,480 --> 00:13:57,680 Speaker 9: know the facts, just based on what they think their 304 00:13:57,760 --> 00:14:00,200 Speaker 9: tribe has to say or their team has to say, 305 00:14:00,360 --> 00:14:03,160 Speaker 9: based on their political views. This is really, I think 306 00:14:03,160 --> 00:14:05,760 Speaker 9: a troubling point in American history, and I would look 307 00:14:05,760 --> 00:14:08,319 Speaker 9: to the president. He has the opportunity to unify people, 308 00:14:08,600 --> 00:14:10,360 Speaker 9: bring people together. But I don't think you can do 309 00:14:10,360 --> 00:14:12,960 Speaker 9: it by demonizing people. I don't think you can do 310 00:14:13,080 --> 00:14:15,440 Speaker 9: it by saying I hate my enemies, I hate my 311 00:14:15,480 --> 00:14:19,600 Speaker 9: opponents in this moment, I just think that is such 312 00:14:19,720 --> 00:14:23,920 Speaker 9: a divisive and frankly counterproductive position to take. 313 00:14:26,200 --> 00:14:28,640 Speaker 6: In the final minute we have with you, Congressman, you 314 00:14:28,760 --> 00:14:31,800 Speaker 6: mentioned Rochester. You represent New York's twenty fifth district. We 315 00:14:31,920 --> 00:14:34,760 Speaker 6: have seen the White House pull some federal funding for 316 00:14:34,880 --> 00:14:37,120 Speaker 6: projects in New York City. Are you concerned at all 317 00:14:37,200 --> 00:14:40,040 Speaker 6: about the administration making similar moves in your district? 318 00:14:41,280 --> 00:14:41,520 Speaker 8: Yeah. 319 00:14:41,560 --> 00:14:43,520 Speaker 9: Look, he has canceled in the last twenty four hours 320 00:14:43,520 --> 00:14:46,800 Speaker 9: two hundred and twenty three projects across the United States. 321 00:14:46,960 --> 00:14:49,440 Speaker 9: You know, two hundred and sixteen are in blue states, 322 00:14:49,720 --> 00:14:52,720 Speaker 9: seven are in states that he won. So I mean 323 00:14:52,760 --> 00:14:55,920 Speaker 9: the President is really weaponizing this and using it as 324 00:14:55,920 --> 00:14:59,960 Speaker 9: a way to go after both political enemies. He perceives adversary, 325 00:15:01,160 --> 00:15:04,280 Speaker 9: He uses the government in a way no president of 326 00:15:04,400 --> 00:15:07,240 Speaker 9: any party has ever done before. And I think when 327 00:15:07,280 --> 00:15:10,520 Speaker 9: Americans see that, that's not what we're about as Americans. 328 00:15:10,560 --> 00:15:11,640 Speaker 8: We're about fair play. 329 00:15:11,880 --> 00:15:14,600 Speaker 9: We're about trying to get together and making this thing work, 330 00:15:15,000 --> 00:15:17,440 Speaker 9: and so I'm definitely concerned. I mean, the Second Avenue 331 00:15:17,480 --> 00:15:20,720 Speaker 9: subway and other projects are on hold or have been canceled. 332 00:15:20,720 --> 00:15:23,760 Speaker 8: So we got a lot of work to do, all right. 333 00:15:23,800 --> 00:15:27,200 Speaker 6: Democratic Congressman Joe Morelli represents New York's twenty fifth district. 334 00:15:27,240 --> 00:15:30,000 Speaker 6: Thanks so much for joining us here on Balance of Power. 335 00:15:30,120 --> 00:15:32,040 Speaker 6: We'll I'm more up ahead and our political panel is 336 00:15:32,080 --> 00:15:34,520 Speaker 6: on their way, and next this is Bloomberg. 337 00:15:34,880 --> 00:15:37,040 Speaker 2: Stay with us on Balance of Power. We'll have much 338 00:15:37,080 --> 00:15:38,280 Speaker 2: more coming up after this. 339 00:15:43,720 --> 00:15:47,200 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch 340 00:15:47,280 --> 00:15:50,280 Speaker 1: us live weekdays at noon and five pm Eastern on 341 00:15:50,440 --> 00:15:53,680 Speaker 1: Apple Coarcley and Android Auto with the Bloomberg Business App. 342 00:15:53,840 --> 00:15:57,120 Speaker 1: Listen on demand wherever you get your podcasts, or watch 343 00:15:57,160 --> 00:15:58,720 Speaker 1: us live on YouTube. 344 00:16:00,160 --> 00:16:02,000 Speaker 2: We make our way through the Thursday edition of Ballance 345 00:16:02,000 --> 00:16:04,720 Speaker 2: of Power here on Bloomberg TV and Radio. I'm Joe 346 00:16:04,800 --> 00:16:08,320 Speaker 2: Matthew alongside Tyler Kendall in Washington. Thanks for spending part 347 00:16:08,320 --> 00:16:09,320 Speaker 2: of your day with us here. 348 00:16:09,600 --> 00:16:09,920 Speaker 3: Tyler. 349 00:16:10,200 --> 00:16:12,880 Speaker 2: We're not doing great with deadlines this week. We missed 350 00:16:12,880 --> 00:16:14,840 Speaker 2: one a couple of days ago with the fiscal year 351 00:16:14,880 --> 00:16:17,880 Speaker 2: That's why this is day two of a government shutdown, 352 00:16:18,120 --> 00:16:20,240 Speaker 2: and if we take the President at his word, this 353 00:16:20,280 --> 00:16:24,600 Speaker 2: is also deadline day for Hamas. Remembering you pointed out earlier, 354 00:16:24,640 --> 00:16:27,120 Speaker 2: that was just on Monday, when Benjamin Nett Yahoo was 355 00:16:27,160 --> 00:16:29,280 Speaker 2: in town, which seems like a month ago at this point, 356 00:16:29,320 --> 00:16:31,600 Speaker 2: but it was on that day that the President and 357 00:16:31,640 --> 00:16:34,080 Speaker 2: the Prime Minister rolled out a twenty point peace plan. 358 00:16:34,160 --> 00:16:36,000 Speaker 2: Remember they promised a news conference and they took no 359 00:16:36,120 --> 00:16:39,320 Speaker 2: questions on this, but in his remarks, President Trump said 360 00:16:39,360 --> 00:16:42,120 Speaker 2: he would give Hamas three to four days to respond. 361 00:16:42,720 --> 00:16:47,120 Speaker 2: This would be day four as the Israeli military titans 362 00:16:47,160 --> 00:16:49,080 Speaker 2: at siege now on Gaza City, right. 363 00:16:49,120 --> 00:16:52,240 Speaker 6: This was the fourth in person meeting between President Trump 364 00:16:52,240 --> 00:16:55,320 Speaker 6: and Israeli Prime Minister Benjamin and Yahoo, high stakes talks 365 00:16:55,640 --> 00:16:58,680 Speaker 6: taking place behind the scenes at the White House. We 366 00:16:58,800 --> 00:17:01,800 Speaker 6: got the details of this point plan, including that it 367 00:17:01,840 --> 00:17:06,000 Speaker 6: would include it the immediate release of all remaining hostages 368 00:17:06,200 --> 00:17:09,199 Speaker 6: as well as the remains of those that died in captivity, 369 00:17:09,480 --> 00:17:12,320 Speaker 6: and then we would see a gradual withdrawal of Israeli 370 00:17:12,359 --> 00:17:13,280 Speaker 6: troops from Gossam. 371 00:17:13,520 --> 00:17:16,840 Speaker 2: It doesn't look like that's about to happen, as the 372 00:17:17,240 --> 00:17:21,760 Speaker 2: Israeli military issues warnings now that it will stop any 373 00:17:21,800 --> 00:17:25,560 Speaker 2: Palestinians from returning to the north of the enclave, calling 374 00:17:25,600 --> 00:17:30,439 Speaker 2: anyone who remains a militant and supporter of terror. We 375 00:17:30,480 --> 00:17:32,879 Speaker 2: assemble our political panel for their take on all of this. 376 00:17:32,880 --> 00:17:36,360 Speaker 2: Bloomberg Politics contributor Rick Davis is with US partner at 377 00:17:36,359 --> 00:17:40,640 Speaker 2: Stone Court Capital Republican Strategists alongside Democratic strategist Caitlin Lagaki, 378 00:17:41,119 --> 00:17:45,480 Speaker 2: senior fellow at Third Way. Rick, is this peace plan 379 00:17:45,720 --> 00:17:48,880 Speaker 2: already in the past or should we not be surprised 380 00:17:48,880 --> 00:17:51,760 Speaker 2: that Israel is not wasting time to move further into 381 00:17:51,760 --> 00:17:52,399 Speaker 2: Gaza City. 382 00:17:53,760 --> 00:17:53,960 Speaker 7: Yeah. 383 00:17:54,040 --> 00:17:57,600 Speaker 10: I think Israel's attitude, and probably rightly so, is that 384 00:17:57,760 --> 00:18:00,440 Speaker 10: until at which point in time they get a sayignature 385 00:18:00,520 --> 00:18:02,960 Speaker 10: from Hamas on this deal, they don't have a deal. 386 00:18:03,600 --> 00:18:06,640 Speaker 10: And in the meantime, He's going to continue to prosecute 387 00:18:07,400 --> 00:18:13,600 Speaker 10: every effort he can to destroy and rid of Hamas. 388 00:18:13,600 --> 00:18:16,360 Speaker 10: And so this this shouldn't surprise anybody. It's pretty much 389 00:18:16,400 --> 00:18:20,720 Speaker 10: been his attitude on all previous cease fires and peace plans. 390 00:18:21,359 --> 00:18:23,880 Speaker 10: Hamas has not taken the opportunity to get the high 391 00:18:23,880 --> 00:18:26,240 Speaker 10: ground and say, yeah, we're actually willing to stop fighting, 392 00:18:26,560 --> 00:18:31,080 Speaker 10: We're actually willing to release hostages, and we still don't 393 00:18:31,080 --> 00:18:31,440 Speaker 10: know if. 394 00:18:31,320 --> 00:18:31,840 Speaker 3: They're going to. 395 00:18:31,960 --> 00:18:35,640 Speaker 10: I mean we I believe Donald Trump on Tuesday gave 396 00:18:35,680 --> 00:18:39,320 Speaker 10: Hamas seventy two hours to respond. I guess we're getting 397 00:18:39,320 --> 00:18:44,159 Speaker 10: toward the end of that and and so we'll see. 398 00:18:44,160 --> 00:18:46,679 Speaker 10: But I think really the ball is still in Hamas's 399 00:18:46,720 --> 00:18:49,280 Speaker 10: court to make this happen. All these other Arab countries, 400 00:18:49,320 --> 00:18:53,840 Speaker 10: eight different countries, all with majority Muslim and Arab communities, 401 00:18:54,200 --> 00:18:58,760 Speaker 10: citizens have put on pressure for Hamas to act, and 402 00:18:58,840 --> 00:19:01,320 Speaker 10: I think this is just is way of continuing the 403 00:19:01,320 --> 00:19:02,200 Speaker 10: pressure campaign. 404 00:19:03,400 --> 00:19:05,520 Speaker 6: Well, actually, I'm really glad that you brought that up, Rick, 405 00:19:05,600 --> 00:19:07,520 Speaker 6: because Caitlin, we have this great story out on the 406 00:19:07,560 --> 00:19:10,879 Speaker 6: Bloomberg terminal today that says that Hamas is being pressed 407 00:19:10,920 --> 00:19:15,040 Speaker 6: by Arab and Muslim states to accept President Trump's Gaza Plan. 408 00:19:15,160 --> 00:19:17,119 Speaker 6: Can you talk to us about how we've seen the 409 00:19:17,160 --> 00:19:21,720 Speaker 6: administration leverage partnerships in the region. What has that meant 410 00:19:21,840 --> 00:19:24,320 Speaker 6: to this White House's foreign policy goals when it comes 411 00:19:24,320 --> 00:19:25,080 Speaker 6: to ending this war. 412 00:19:26,600 --> 00:19:29,879 Speaker 11: Yeah, I mean, I think it is an extension of 413 00:19:29,920 --> 00:19:32,000 Speaker 11: the same kind of thing that the Biden administration tried 414 00:19:32,000 --> 00:19:35,600 Speaker 11: to do, which is that we know that those other 415 00:19:35,640 --> 00:19:40,640 Speaker 11: countries in the region are trusted partners. They are clearly 416 00:19:40,720 --> 00:19:45,119 Speaker 11: invested in the Palestinian people and making sure that they 417 00:19:45,200 --> 00:19:48,200 Speaker 11: have a chance to survive. And so it does create 418 00:19:48,240 --> 00:19:50,840 Speaker 11: a little bit of a healthy tension in that they 419 00:19:50,880 --> 00:19:53,760 Speaker 11: are trusted messengers on these issues about what is good 420 00:19:53,800 --> 00:19:57,200 Speaker 11: for the Palestinians, what is good for Muslims throughout the world. 421 00:19:57,760 --> 00:20:00,320 Speaker 11: And so I think it's a smart thing for the 422 00:20:00,359 --> 00:20:03,760 Speaker 11: Trump administration to do. I think it is the best 423 00:20:04,040 --> 00:20:08,159 Speaker 11: possible course to get something resolved. But as Rick said, 424 00:20:08,359 --> 00:20:11,080 Speaker 11: until Hamas agrees to this, we're in a little bit 425 00:20:11,080 --> 00:20:14,600 Speaker 11: of a stalemate. You know. 426 00:20:14,640 --> 00:20:18,720 Speaker 2: The plan was endorsed after this was released Monday night, 427 00:20:18,800 --> 00:20:25,080 Speaker 2: Rick by the foreign ministers of Saudi Arabia, Jordan, UAE, Indonesia, Pakistan, 428 00:20:25,160 --> 00:20:29,880 Speaker 2: Turkey Cutter and Egypt. Does regional pressure mean anything at 429 00:20:29,920 --> 00:20:31,920 Speaker 2: this point with what's left of Hamas? 430 00:20:33,200 --> 00:20:37,960 Speaker 10: Absolutely really the one named this not on there is 431 00:20:38,000 --> 00:20:42,120 Speaker 10: Iran that's probably the most influential. We don't know where 432 00:20:42,160 --> 00:20:45,639 Speaker 10: their heads are as far as wanting to see peace 433 00:20:45,680 --> 00:20:49,199 Speaker 10: in this part of the region. But at the end 434 00:20:49,200 --> 00:20:53,480 Speaker 10: of the day, this group has been funding the Palestinian 435 00:20:53,520 --> 00:20:56,520 Speaker 10: governments in the West Bank and in Gaza for decades. 436 00:20:56,960 --> 00:21:01,040 Speaker 10: They are the financial muscle that has kept these folks 437 00:21:01,040 --> 00:21:05,760 Speaker 10: politically above water financially, and so they have a lot 438 00:21:05,800 --> 00:21:11,320 Speaker 10: of influence within the Arab community, but also in the 439 00:21:11,320 --> 00:21:17,399 Speaker 10: finances of the Palestinian Authority and even hamas we remember 440 00:21:17,480 --> 00:21:20,359 Speaker 10: only a few years ago a lot of US outcry 441 00:21:20,560 --> 00:21:24,960 Speaker 10: on Cutter for having funded hamas a terrorist organization. You know, 442 00:21:25,000 --> 00:21:29,800 Speaker 10: these are people with deep seated relationships in that community, 443 00:21:30,240 --> 00:21:32,560 Speaker 10: and the fact that they're all acting in concert is 444 00:21:32,600 --> 00:21:35,480 Speaker 10: a first and that does warrant a lot of attention 445 00:21:35,680 --> 00:21:38,880 Speaker 10: by everybody in that region. 446 00:21:40,640 --> 00:21:43,360 Speaker 6: Caitlyn, I'm wondering what you make of the negotiating coalition 447 00:21:43,560 --> 00:21:46,840 Speaker 6: that we've seen come together that ultimately helped to craft 448 00:21:46,880 --> 00:21:51,120 Speaker 6: this plan, including US Special Envoy Steve Witkoff, the President's 449 00:21:51,119 --> 00:21:53,520 Speaker 6: son in law Jared Kushner, but also the former UK 450 00:21:53,560 --> 00:21:57,080 Speaker 6: Prime Minister Tony Blair. There's a lot of different players here, 451 00:21:57,359 --> 00:22:00,360 Speaker 6: and I'm curious your thoughts on how this administration has 452 00:22:00,480 --> 00:22:04,360 Speaker 6: approached this plan leading up to today. 453 00:22:04,480 --> 00:22:04,680 Speaker 12: Yeah. 454 00:22:04,920 --> 00:22:08,120 Speaker 11: I mean, you know, the one the one place where 455 00:22:08,160 --> 00:22:13,560 Speaker 11: I think this administration it really excels among others, is 456 00:22:13,720 --> 00:22:17,520 Speaker 11: their willingness to get to yes on a deal is 457 00:22:17,520 --> 00:22:21,720 Speaker 11: pretty unprecedented. I think previous administrations would have found process 458 00:22:21,840 --> 00:22:27,400 Speaker 11: reasons or you know, ideological reasons to not move forward 459 00:22:27,520 --> 00:22:31,280 Speaker 11: with the broadcast of characters that we see here. But 460 00:22:31,359 --> 00:22:37,320 Speaker 11: I also think it speaks to the extent to which everyone, 461 00:22:37,480 --> 00:22:39,680 Speaker 11: regardless of which side of this issue they're on, thinks 462 00:22:39,680 --> 00:22:40,080 Speaker 11: that it has. 463 00:22:40,000 --> 00:22:40,640 Speaker 7: Gone too far. 464 00:22:41,359 --> 00:22:45,399 Speaker 11: And so I'm hopeful that it represents a coalition of 465 00:22:45,440 --> 00:22:49,439 Speaker 11: responsible adults who are eager to put an end to 466 00:22:49,520 --> 00:22:55,040 Speaker 11: this because what is happening is horrifying. It's a humanitarian disaster, 467 00:22:56,080 --> 00:23:00,000 Speaker 11: but it's a geopolitical problem, And you know, I think 468 00:23:00,280 --> 00:23:03,480 Speaker 11: the fact that Witcough is able to get all of 469 00:23:03,520 --> 00:23:06,359 Speaker 11: those people in a room and look for ways to 470 00:23:06,359 --> 00:23:10,760 Speaker 11: get to yes is a huge benefit. Whether we actually 471 00:23:10,760 --> 00:23:12,560 Speaker 11: find a way to get to yes on this deal 472 00:23:12,600 --> 00:23:15,240 Speaker 11: obviously remains to be seen, but I think it's important 473 00:23:15,280 --> 00:23:18,240 Speaker 11: that they're willing to just hash it out and look 474 00:23:18,320 --> 00:23:21,760 Speaker 11: for a solution that ends the violence because it has 475 00:23:21,800 --> 00:23:22,600 Speaker 11: really gone too far. 476 00:23:23,840 --> 00:23:27,399 Speaker 3: Does the government shutdown mean anything to all of this? 477 00:23:27,600 --> 00:23:27,760 Speaker 9: Rick? 478 00:23:27,800 --> 00:23:32,680 Speaker 2: When we're talking geopolitics, our intelligence apparatus, our national security 479 00:23:32,720 --> 00:23:36,919 Speaker 2: apparatus all considered essential. Are there other elements that we 480 00:23:36,920 --> 00:23:37,840 Speaker 2: should be considering. 481 00:23:40,359 --> 00:23:45,160 Speaker 10: I would say humanitarian activity maybe takes a step back, 482 00:23:45,280 --> 00:23:48,360 Speaker 10: but there's limits to what they can do today anyway. 483 00:23:49,119 --> 00:23:54,880 Speaker 10: So I think that for the purposes of this exercise 484 00:23:55,520 --> 00:23:59,920 Speaker 10: trying to bring peace to Gaza, it probably isn't a factor, 485 00:24:00,600 --> 00:24:05,800 Speaker 10: probably doesn't weigh heavily on any of the principles trying 486 00:24:05,800 --> 00:24:08,600 Speaker 10: to execute on this plan. So I don't think the 487 00:24:08,600 --> 00:24:12,280 Speaker 10: government shutdown as much. I do think it's a distraction. 488 00:24:12,560 --> 00:24:14,440 Speaker 10: Right we left last week. You know, at the beginning 489 00:24:14,480 --> 00:24:17,440 Speaker 10: of this week it was all about an amazing visit 490 00:24:17,560 --> 00:24:21,440 Speaker 10: by Bibi nt Yahoo to the Oval office, getting on 491 00:24:21,480 --> 00:24:25,080 Speaker 10: the phone with the Katari a mirror apologizing for having 492 00:24:25,080 --> 00:24:28,800 Speaker 10: attacked the country. There are many who think that that 493 00:24:29,200 --> 00:24:33,120 Speaker 10: attack spurred on September fifth, a reaction that has brought 494 00:24:33,200 --> 00:24:37,360 Speaker 10: us to this unification of the Arab States in support 495 00:24:37,400 --> 00:24:40,120 Speaker 10: of getting a deal done. So I mean, like, this 496 00:24:40,200 --> 00:24:42,680 Speaker 10: is what we would be talking about if there were 497 00:24:42,720 --> 00:24:45,399 Speaker 10: not a government shutdown, and so it does take some 498 00:24:45,480 --> 00:24:48,440 Speaker 10: of the oxygen out of the room. 499 00:24:48,480 --> 00:24:51,200 Speaker 6: Well, Caitlin, I do want to stick on the shutdown 500 00:24:51,240 --> 00:24:54,080 Speaker 6: and talk about some of the actual potential policy we 501 00:24:54,200 --> 00:24:56,640 Speaker 6: might see out of it. We know that the longest 502 00:24:56,720 --> 00:24:59,520 Speaker 6: shutdown was twenty eighteen thirty four days. 503 00:24:59,720 --> 00:25:00,880 Speaker 3: Have we ever. 504 00:25:00,600 --> 00:25:05,560 Speaker 6: Seen shutdowns used as negotiating tactics to actually get tangible 505 00:25:05,600 --> 00:25:07,960 Speaker 6: policy out once the government reopens. 506 00:25:09,800 --> 00:25:15,840 Speaker 11: No, Typically it is not a good lever to pull 507 00:25:16,960 --> 00:25:21,000 Speaker 11: to achieve policy outcomes. I think what's unique here is 508 00:25:21,040 --> 00:25:25,359 Speaker 11: that with Republicans in a unified government, there are so 509 00:25:25,680 --> 00:25:32,320 Speaker 11: few opportunities that the Democrats have to negotiate for important 510 00:25:32,400 --> 00:25:37,439 Speaker 11: provisions like the Obamacare subsidies, that they really have to 511 00:25:37,520 --> 00:25:40,119 Speaker 11: take this. And I think the good news is that 512 00:25:40,280 --> 00:25:44,080 Speaker 11: Democrats are not gleeful about this shut down the way 513 00:25:44,080 --> 00:25:48,040 Speaker 11: that I think. You know historically, you know, when you 514 00:25:48,080 --> 00:25:52,199 Speaker 11: saw the Republicans shutting down the government over Obamacare defunding. 515 00:25:53,080 --> 00:25:56,480 Speaker 11: Democrats have a very clear objective. They have a very 516 00:25:56,560 --> 00:25:59,359 Speaker 11: clear request. They are taking a postor that we want 517 00:25:59,359 --> 00:26:02,120 Speaker 11: to get to us on a deal, and this. 518 00:26:02,200 --> 00:26:03,080 Speaker 7: Is what it's going to take. 519 00:26:03,119 --> 00:26:04,879 Speaker 11: And I think it helps their case that at the 520 00:26:04,920 --> 00:26:08,280 Speaker 11: exact same time this is happening, millions of Americans are 521 00:26:08,280 --> 00:26:11,080 Speaker 11: getting notifications that their healthcare costs are going to double 522 00:26:11,200 --> 00:26:13,720 Speaker 11: or triple, and so as we see more of that, 523 00:26:13,800 --> 00:26:17,399 Speaker 11: it is only going to strengthen the hand that Democrats 524 00:26:17,400 --> 00:26:20,919 Speaker 11: have to play, and frankly, they're increasingly in a position 525 00:26:20,960 --> 00:26:24,480 Speaker 11: to say to Republicans, help us, help you, because if 526 00:26:24,760 --> 00:26:27,600 Speaker 11: these costs triple, we're going to make sure that every 527 00:26:27,600 --> 00:26:29,439 Speaker 11: single voter knows who was in charge of the government 528 00:26:29,480 --> 00:26:30,159 Speaker 11: when that happened. 529 00:26:31,320 --> 00:26:35,680 Speaker 2: Rick Gene Shaheen made the point, as we discussed yesterday, 530 00:26:35,720 --> 00:26:38,480 Speaker 2: that we're actually closer than a lot of people are 531 00:26:38,600 --> 00:26:41,560 Speaker 2: making this out to be that in many cases, Republicans 532 00:26:41,600 --> 00:26:45,399 Speaker 2: want to see a deal for these Obamacare subsidies in 533 00:26:45,440 --> 00:26:47,600 Speaker 2: our remaining moment and change here. I just wonder where 534 00:26:47,640 --> 00:26:49,399 Speaker 2: your gut is at this point and what it's going 535 00:26:49,480 --> 00:26:52,600 Speaker 2: to feel like by the middle of next week when 536 00:26:52,600 --> 00:26:56,600 Speaker 2: we're talking about a week long shutdown, staffers aren't getting paid. 537 00:26:56,680 --> 00:26:58,359 Speaker 2: Doesn't that bring everybody to the table. 538 00:27:00,640 --> 00:27:01,320 Speaker 7: Probably not. 539 00:27:02,040 --> 00:27:04,240 Speaker 10: Look, we saw one of these go thirty five thirty 540 00:27:04,240 --> 00:27:09,919 Speaker 10: four days in Trump's first term. It's look, let's not 541 00:27:10,040 --> 00:27:13,160 Speaker 10: get ourselves. This is going to revolve around Donald Trump's 542 00:27:13,160 --> 00:27:17,600 Speaker 10: interest in getting a deal. He's calling the shots in Congress. 543 00:27:18,080 --> 00:27:21,480 Speaker 10: He has an agenda in the White House driven by 544 00:27:21,560 --> 00:27:25,280 Speaker 10: Russ Vote, who wants to accomplish certain things in the 545 00:27:25,320 --> 00:27:28,200 Speaker 10: reduction in the scale and size of the federal government. 546 00:27:28,920 --> 00:27:34,400 Speaker 10: If they think they can survive politically in this process, 547 00:27:34,440 --> 00:27:38,840 Speaker 10: They'll continue this shutdown till they accomplish their goals. And 548 00:27:38,880 --> 00:27:41,320 Speaker 10: only then, I think, will they give permission to the 549 00:27:41,760 --> 00:27:42,720 Speaker 10: GOP leadership. 550 00:27:43,440 --> 00:27:43,680 Speaker 3: Ended. 551 00:27:45,720 --> 00:27:49,800 Speaker 6: All right, our political panel today, Rick Davis and Caitlin Lagaki, 552 00:27:50,080 --> 00:27:52,000 Speaker 6: thank you both so much for joining us here. And 553 00:27:52,040 --> 00:27:53,720 Speaker 6: stick with us because after the break we'll have a 554 00:27:53,720 --> 00:27:58,240 Speaker 6: conversation with Republican Congressman Brian's style of Wisconsin. You won't 555 00:27:58,240 --> 00:27:58,880 Speaker 6: want to miss it. 556 00:27:59,240 --> 00:28:02,440 Speaker 2: This is stay with us on Balance of Power. We'll 557 00:28:02,480 --> 00:28:04,080 Speaker 2: have much more coming up after this. 558 00:28:08,320 --> 00:28:11,800 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch 559 00:28:11,840 --> 00:28:15,800 Speaker 1: us live weekdays at noon and five pm Eastern on Apple, Cocklay, 560 00:28:15,800 --> 00:28:18,560 Speaker 1: and Android Auto with the Bloomberg Business app. You can 561 00:28:18,600 --> 00:28:22,080 Speaker 1: also listen live on Amazon Alexa from our flagship New 562 00:28:22,160 --> 00:28:22,680 Speaker 1: York station. 563 00:28:23,200 --> 00:28:25,879 Speaker 8: Just say Alexa play Bloomberg. Eleven thirty. 564 00:28:27,119 --> 00:28:29,159 Speaker 3: We're still in Washington talking politics. 565 00:28:29,880 --> 00:28:32,080 Speaker 2: For those who are still here, it's day two of 566 00:28:32,119 --> 00:28:34,240 Speaker 2: a government shutdown and no voting. As we've told you 567 00:28:34,280 --> 00:28:38,000 Speaker 2: today on Capitol Hill because of the Jewish holiday, lawmakers 568 00:28:38,040 --> 00:28:40,880 Speaker 2: in some cases are still in town. We spoke with 569 00:28:40,960 --> 00:28:44,360 Speaker 2: one a short time ago. In fact, the gentleman from 570 00:28:44,400 --> 00:28:47,040 Speaker 2: New York, Congressman Morelli, bringing us the Democratic point of 571 00:28:47,120 --> 00:28:50,520 Speaker 2: view on this day two, we do expect more voting 572 00:28:50,520 --> 00:28:56,000 Speaker 2: tomorrow and the same results, reminding us that both parties 573 00:28:56,040 --> 00:28:57,320 Speaker 2: are still pretty far apart. 574 00:28:57,320 --> 00:28:59,000 Speaker 3: Here's the congressman from earlier this hour. 575 00:29:00,000 --> 00:29:01,880 Speaker 9: I don't think we're very much closer than we were 576 00:29:01,960 --> 00:29:03,800 Speaker 9: the last day or two. I think what will happen 577 00:29:04,240 --> 00:29:06,600 Speaker 9: is people will go home, They're going to talk to constituents. 578 00:29:06,600 --> 00:29:08,360 Speaker 9: I think they're going to get a feel for how 579 00:29:08,400 --> 00:29:12,200 Speaker 9: people feel impacted by that, and hopefully next week our 580 00:29:12,240 --> 00:29:15,440 Speaker 9: friends on the Republican side will recognize that if you 581 00:29:15,480 --> 00:29:18,120 Speaker 9: want people to compromise, you have to sit down and 582 00:29:18,200 --> 00:29:22,160 Speaker 9: find common ground. And we are very committed to the 583 00:29:22,200 --> 00:29:25,520 Speaker 9: idea that the healthcare changes that have been made over 584 00:29:25,560 --> 00:29:29,200 Speaker 9: the last several months, where nearly twenty million Americans will 585 00:29:29,240 --> 00:29:32,960 Speaker 9: be either have no health insurance any longer or will 586 00:29:33,000 --> 00:29:37,400 Speaker 9: be paying double or triple what they're currently paying in premiums, 587 00:29:37,480 --> 00:29:38,160 Speaker 9: is untenable. 588 00:29:40,480 --> 00:29:44,040 Speaker 6: Congressman Joe Morelli speaking to us earlier this hour and 589 00:29:44,160 --> 00:29:46,120 Speaker 6: balance of power. But now for the view from the 590 00:29:46,160 --> 00:29:49,560 Speaker 6: other side of the aisle, we're joined by Republican Congressman 591 00:29:49,560 --> 00:29:53,000 Speaker 6: Brian's Style. He represents Wisconsin's first district. 592 00:29:53,080 --> 00:29:53,560 Speaker 8: Congressman. 593 00:29:53,600 --> 00:29:56,160 Speaker 6: It's good to see you and thanks so much for joining. 594 00:29:56,240 --> 00:29:58,640 Speaker 6: So you just heard from your Democratic colleague saying that 595 00:29:58,920 --> 00:30:00,400 Speaker 6: there's really not much movement. 596 00:30:00,440 --> 00:30:01,280 Speaker 8: What's your take here? 597 00:30:01,360 --> 00:30:05,280 Speaker 6: Take us inside these negotiations. Is there anything that we 598 00:30:05,320 --> 00:30:08,760 Speaker 6: can glean that would be fruitful towards opening up the government? 599 00:30:10,120 --> 00:30:11,760 Speaker 12: Well, the fact that we're here in the first place 600 00:30:11,840 --> 00:30:16,920 Speaker 12: is absolutely ridiculous. The spending process in Washington is absolutely broken. 601 00:30:16,960 --> 00:30:20,200 Speaker 12: I actually carry legislation that would end all federal government 602 00:30:20,280 --> 00:30:24,200 Speaker 12: shutdowns and remove the partisan brinksmanship that we have seen 603 00:30:24,240 --> 00:30:26,600 Speaker 12: in Washington time and again for decades. 604 00:30:26,960 --> 00:30:28,800 Speaker 7: The fact that Republicans put. 605 00:30:28,600 --> 00:30:31,960 Speaker 12: Forward a clean sea ar meaning adding no additional policy, 606 00:30:32,040 --> 00:30:34,400 Speaker 12: simply funding the government for a stop gap period of 607 00:30:34,400 --> 00:30:37,800 Speaker 12: time for seven weeks. It was only a radical position 608 00:30:38,280 --> 00:30:40,880 Speaker 12: by those on the left that are rejecting that that 609 00:30:40,920 --> 00:30:44,959 Speaker 12: would give us the window to actually negotiate out Fiscal 610 00:30:45,000 --> 00:30:49,320 Speaker 12: twenty six spending, as well as other policy priorities that 611 00:30:49,480 --> 00:30:52,320 Speaker 12: members have. And so what we should do is cooler 612 00:30:52,360 --> 00:30:55,600 Speaker 12: heads hopefully do prevail. As many folks are home on 613 00:30:55,640 --> 00:30:57,240 Speaker 12: the Jewish holiday today. 614 00:30:56,920 --> 00:30:59,200 Speaker 7: Or over the weekend, and we come back and. 615 00:30:59,160 --> 00:31:02,080 Speaker 12: We see the Senate and have the courage to reopen 616 00:31:02,120 --> 00:31:05,520 Speaker 12: the government, allowing us that period of time to finish 617 00:31:05,640 --> 00:31:09,360 Speaker 12: negotiations on fiscally or twenty six appropriations as well as 618 00:31:09,400 --> 00:31:10,680 Speaker 12: other policy priorities. 619 00:31:11,640 --> 00:31:13,840 Speaker 2: Thanks for coming on to see us, Congressman. I think 620 00:31:13,880 --> 00:31:17,840 Speaker 2: you're referring to the Eliminate Shutdowns Act, and we just 621 00:31:18,240 --> 00:31:20,840 Speaker 2: in the last twenty four hours talked to Dusty Johnson 622 00:31:20,920 --> 00:31:23,960 Speaker 2: and Senator Ron Johnson. They both helped to craft this 623 00:31:24,040 --> 00:31:27,920 Speaker 2: piece of legislation. It would basically do what the title says, 624 00:31:28,000 --> 00:31:30,840 Speaker 2: anytime we had a lapse in funding, it would trigger 625 00:31:30,880 --> 00:31:34,360 Speaker 2: I believe it's a fourteen day continuing resolution, so it 626 00:31:34,400 --> 00:31:37,080 Speaker 2: would end shutdowns as we know it. What would compel 627 00:31:37,160 --> 00:31:40,600 Speaker 2: lawmakers to make a deal if there was never a deadline? 628 00:31:41,880 --> 00:31:43,640 Speaker 7: Well, I viewed this as actually I call it the 629 00:31:43,640 --> 00:31:44,400 Speaker 7: Wisconsin idea. 630 00:31:44,440 --> 00:31:47,400 Speaker 12: It's exactly the underlying law here in the state of Wisconsin, 631 00:31:47,440 --> 00:31:52,080 Speaker 12: where it's a hyperpartisan environment with divided government the differences. 632 00:31:52,320 --> 00:31:54,760 Speaker 12: We don't shut down, why because we actually have this 633 00:31:54,920 --> 00:31:57,840 Speaker 12: law in the state of Wisconsin. But what is effectively 634 00:31:57,880 --> 00:32:01,640 Speaker 12: an automatic continuing resolution which forces the parties to come 635 00:32:01,680 --> 00:32:05,160 Speaker 12: to the table to better negotiate how to spend taxpayer dollars. 636 00:32:05,160 --> 00:32:07,320 Speaker 12: And if we actually look at what's been going on 637 00:32:07,360 --> 00:32:10,240 Speaker 12: since the current process has been in place since nineteen 638 00:32:10,320 --> 00:32:13,840 Speaker 12: seventy four, it can't get worse. And so this would 639 00:32:13,880 --> 00:32:18,240 Speaker 12: simply just remove the brinksmanship from being part of the negotiations. 640 00:32:18,400 --> 00:32:21,040 Speaker 12: Things would go in fund at the current levels that 641 00:32:21,080 --> 00:32:25,120 Speaker 12: they are going forward until a new appropriations law would 642 00:32:25,160 --> 00:32:28,160 Speaker 12: be put in place. I think it would dramatically improve 643 00:32:28,200 --> 00:32:31,720 Speaker 12: the process in Washington and allow us to actually go 644 00:32:31,840 --> 00:32:33,920 Speaker 12: through and determine whether or not they're a waste broad 645 00:32:33,960 --> 00:32:37,880 Speaker 12: and abuse in programs, remove those programs, and then identify 646 00:32:37,920 --> 00:32:40,360 Speaker 12: what the priorities are and spend on those priorities. 647 00:32:40,600 --> 00:32:42,160 Speaker 7: The entire spending. 648 00:32:41,800 --> 00:32:46,600 Speaker 12: Process is broken, and I think the most significant change 649 00:32:46,640 --> 00:32:50,080 Speaker 12: we could make would be putting in place this legislation 650 00:32:50,120 --> 00:32:53,000 Speaker 12: that would end these federal government shutdowns which are just 651 00:32:53,040 --> 00:32:55,280 Speaker 12: wildly unproductive for everyone. 652 00:32:56,120 --> 00:32:59,360 Speaker 6: Well, you perhaps alluded to there the idea of streamlining 653 00:33:00,560 --> 00:33:03,360 Speaker 6: and perhaps adding a little bit of pressure to this 654 00:33:03,520 --> 00:33:08,680 Speaker 6: round of the negotiations around keeping the government opened. Now reopened, 655 00:33:09,200 --> 00:33:13,280 Speaker 6: perhaps is the idea the threat of permanent layoffs and 656 00:33:13,320 --> 00:33:15,840 Speaker 6: I'm wondering what you make of this, President Trump set 657 00:33:15,920 --> 00:33:19,240 Speaker 6: to have this meeting today with the OMB director russ Vote. 658 00:33:19,280 --> 00:33:22,400 Speaker 6: Is this a negotiating tactic for the administration or is 659 00:33:22,400 --> 00:33:23,800 Speaker 6: this part of something bigger. 660 00:33:25,080 --> 00:33:27,440 Speaker 12: Well, I think there's always an opportunity to look about 661 00:33:27,440 --> 00:33:31,080 Speaker 12: how we root out waste, fraud, and abuse inside the 662 00:33:31,240 --> 00:33:34,680 Speaker 12: giant federal bureaucracy. I'd rather do that through the legislative 663 00:33:34,680 --> 00:33:39,040 Speaker 12: process while the federal government is open and operational. Frustratingly, 664 00:33:39,240 --> 00:33:43,880 Speaker 12: while Republicans pass the seven week stopgap measure to allow 665 00:33:43,960 --> 00:33:48,400 Speaker 12: us to continue the negotiations, Democrats, led by Chuck Schumer 666 00:33:48,440 --> 00:33:51,720 Speaker 12: and the Senate have rejected that overture. And so this 667 00:33:51,800 --> 00:33:56,200 Speaker 12: is really our opportunity to pass that legislation in the Senate, 668 00:33:56,480 --> 00:33:59,960 Speaker 12: reopen the government for the seventh seven week gap period 669 00:34:00,000 --> 00:34:04,680 Speaker 12: and avoid all the ramifications that a shutdown has across 670 00:34:04,680 --> 00:34:06,360 Speaker 12: the board. Would be far better off to have the 671 00:34:06,400 --> 00:34:09,640 Speaker 12: federal government open rather than closed as it currently is. 672 00:34:11,160 --> 00:34:14,920 Speaker 2: Milwaukee Journal Sentinel says, yeah, about eighteen thousand federal workers 673 00:34:15,160 --> 00:34:16,160 Speaker 2: in Wisconsin, do. 674 00:34:16,080 --> 00:34:19,839 Speaker 3: You consider them all essential, Congressman, The. 675 00:34:19,760 --> 00:34:22,239 Speaker 12: Federal government should have no one that's not essential, right, 676 00:34:22,280 --> 00:34:25,400 Speaker 12: And that's a broad understanding. There's a technical terminus to 677 00:34:25,400 --> 00:34:29,799 Speaker 12: what that means inside a federal bureaucracy, but this is 678 00:34:29,840 --> 00:34:32,960 Speaker 12: about getting the federal government open and operational to do 679 00:34:33,040 --> 00:34:35,680 Speaker 12: the people's work. Yes, we should always be working to 680 00:34:35,760 --> 00:34:38,600 Speaker 12: root out waste, broad abuse, but there's also incredibly essential 681 00:34:38,680 --> 00:34:41,479 Speaker 12: roles that the federal government plays, some of them more 682 00:34:41,600 --> 00:34:44,680 Speaker 12: urgently essential than others. So it could be as simple 683 00:34:45,000 --> 00:34:48,720 Speaker 12: as processing a passport. Many of those offices are now closed, 684 00:34:48,719 --> 00:34:52,040 Speaker 12: but it could be as essential as the United States military, 685 00:34:52,120 --> 00:34:55,440 Speaker 12: which is open, although the next paycheck for our service 686 00:34:55,480 --> 00:34:58,759 Speaker 12: members is at risk if Chuck Schumer and Democrats in 687 00:34:58,760 --> 00:35:02,240 Speaker 12: the Senate continue to re refuse to reopen the government. 688 00:35:02,360 --> 00:35:05,240 Speaker 12: And so we only want essential workers in our federal government. 689 00:35:05,239 --> 00:35:07,440 Speaker 12: But in a period of time when funding his lapse, 690 00:35:08,160 --> 00:35:10,719 Speaker 12: the federal government is making decisions about who is and 691 00:35:10,719 --> 00:35:12,319 Speaker 12: who is not coming to work. 692 00:35:12,360 --> 00:35:15,480 Speaker 7: At this period of time, I. 693 00:35:15,400 --> 00:35:18,480 Speaker 6: Do want to stick on the labor market because tomorrow 694 00:35:18,480 --> 00:35:21,040 Speaker 6: the Bureau of Labor Statistics is going to delay what 695 00:35:21,160 --> 00:35:24,839 Speaker 6: was expected to be the September jobs report. This, of course, 696 00:35:24,880 --> 00:35:27,560 Speaker 6: is considered to be a leading indicator for the health 697 00:35:27,640 --> 00:35:31,480 Speaker 6: of the jobs market. CNN is reporting that Senator Elizabeth 698 00:35:31,520 --> 00:35:34,080 Speaker 6: Warren is calling for the BLS jobs data to be 699 00:35:34,200 --> 00:35:37,720 Speaker 6: released despite the shutdown. Do you think that data collection 700 00:35:37,800 --> 00:35:40,720 Speaker 6: should be deemed essential amid a closed government? 701 00:35:41,960 --> 00:35:45,160 Speaker 12: Well, again, the easy answer is reopen the government and 702 00:35:45,239 --> 00:35:48,680 Speaker 12: let the federal government operate as it is intended to 703 00:35:48,800 --> 00:35:52,120 Speaker 12: be operating. And so the fact that Chuck Schumer Democrats 704 00:35:52,120 --> 00:35:54,480 Speaker 12: in the Senate shut the government down and did simply 705 00:35:54,560 --> 00:35:57,840 Speaker 12: fund the government for this seven week stop gap period 706 00:35:57,880 --> 00:36:02,399 Speaker 12: of time creates all these chalnlallenges and problems. Omb russ 707 00:36:02,480 --> 00:36:04,759 Speaker 12: Votes and others in the administration are making really tough 708 00:36:04,800 --> 00:36:07,879 Speaker 12: decisions about how to operate their period of time when 709 00:36:07,920 --> 00:36:10,880 Speaker 12: funding his laugh is a result of Chuck Schumer and 710 00:36:10,920 --> 00:36:14,040 Speaker 12: Democrats in the Senate. The easy answer to all of 711 00:36:14,040 --> 00:36:16,879 Speaker 12: this is to pass the stopgap measure, give us at 712 00:36:16,880 --> 00:36:20,319 Speaker 12: seven weeks of breathing room to finish the negotiations on 713 00:36:20,360 --> 00:36:24,040 Speaker 12: fiscally your twenty six appropriations and other policy priorities. 714 00:36:25,040 --> 00:36:28,400 Speaker 2: When you consider those tough decisions that russ Vote is making, 715 00:36:28,560 --> 00:36:31,399 Speaker 2: Congressman I was struck by the words of Senator Mike 716 00:36:31,520 --> 00:36:35,000 Speaker 2: Lee last evening on Fox. He said, russ Vote has 717 00:36:35,000 --> 00:36:38,840 Speaker 2: been dreaming about this moment, preparing for this moment since puberty. 718 00:36:39,320 --> 00:36:42,399 Speaker 2: This is going to be the Democrat's worst nightmare. What's 719 00:36:42,480 --> 00:36:46,000 Speaker 2: motivating him right now balancing the books or firing as 720 00:36:46,040 --> 00:36:48,960 Speaker 2: many workers or eliminating agencies. 721 00:36:48,520 --> 00:36:49,919 Speaker 3: As he can in this period of time. 722 00:36:50,800 --> 00:36:53,720 Speaker 7: Well, I've known us vote for a number of years. 723 00:36:53,800 --> 00:36:57,880 Speaker 12: He is a strong fiscal conservative and a good man. 724 00:36:58,280 --> 00:37:01,000 Speaker 12: I think the broader point here is many of us 725 00:37:01,040 --> 00:37:04,120 Speaker 12: on the conservative side do believe that there is bloat 726 00:37:04,280 --> 00:37:07,840 Speaker 12: inside the federal government, that there's programs that should not 727 00:37:07,920 --> 00:37:11,480 Speaker 12: be prioritized as they are. That said, I of the 728 00:37:11,520 --> 00:37:14,000 Speaker 12: belief that the best way to root this out is 729 00:37:14,040 --> 00:37:19,000 Speaker 12: through the traditional legislative process of the appropriations committees doing 730 00:37:19,040 --> 00:37:22,160 Speaker 12: their job and weeding out the waste, broaden abuse that 731 00:37:22,560 --> 00:37:26,600 Speaker 12: does exist inside the federal government. To allow that to occur, 732 00:37:26,760 --> 00:37:28,560 Speaker 12: what we need to do is to reopen the government. 733 00:37:28,600 --> 00:37:32,040 Speaker 12: When we close the government, as the Democrats did by 734 00:37:32,040 --> 00:37:35,520 Speaker 12: failing to vote for this seven seven week stopgap measure, 735 00:37:35,840 --> 00:37:39,799 Speaker 12: they significantly empowered the administration to make determinations as to 736 00:37:39,840 --> 00:37:42,319 Speaker 12: what is and what is not essential. Again, if people 737 00:37:42,320 --> 00:37:46,040 Speaker 12: have concerns with that, the easy answer is to reopen 738 00:37:46,120 --> 00:37:50,239 Speaker 12: the government and allow Congress and elected leaders to engage 739 00:37:50,280 --> 00:37:51,880 Speaker 12: appropriately in that debate. 740 00:37:54,960 --> 00:37:57,560 Speaker 6: Congressman, could you give us a sense of what other 741 00:37:57,680 --> 00:38:01,480 Speaker 6: priorities might be on the opping block here? For example, 742 00:38:01,520 --> 00:38:04,240 Speaker 6: we saw in a post on X yesterday vote saying 743 00:38:04,280 --> 00:38:07,799 Speaker 6: that they're going to pull some funding federal funds from 744 00:38:07,880 --> 00:38:11,160 Speaker 6: clean energy projects and states that ultimately didn't vote for 745 00:38:11,200 --> 00:38:13,560 Speaker 6: President Trump during the twenty twenty four election. 746 00:38:14,840 --> 00:38:17,560 Speaker 12: Well, the challenge that any administration has faced in a 747 00:38:17,600 --> 00:38:21,479 Speaker 12: period of time of a shutdown is making determinations about 748 00:38:21,520 --> 00:38:23,640 Speaker 12: what he is and what is not essential, and what 749 00:38:23,800 --> 00:38:26,360 Speaker 12: funds in different programs are available. 750 00:38:26,360 --> 00:38:27,320 Speaker 7: I'll tell you I'm most. 751 00:38:27,120 --> 00:38:30,479 Speaker 12: Concerned about making sure our troops are men and women 752 00:38:30,480 --> 00:38:34,000 Speaker 12: in uniform who are often stationed in dangerous locations around 753 00:38:34,000 --> 00:38:37,680 Speaker 12: the globe, receive a paycheck when their pay is due, 754 00:38:37,680 --> 00:38:40,719 Speaker 12: most likely for many of them, on the fifteenth, coming 755 00:38:40,800 --> 00:38:43,520 Speaker 12: up in less than two weeks. And so all of 756 00:38:43,560 --> 00:38:46,800 Speaker 12: these decisions are being made by the administration. I'm of 757 00:38:46,880 --> 00:38:49,439 Speaker 12: the belief that let's turn this spigot back on, let's 758 00:38:49,480 --> 00:38:52,920 Speaker 12: reopen the federal government, let's end the brakesmanship, let cooler 759 00:38:52,960 --> 00:38:57,200 Speaker 12: heads prevail, and avoid the process of exactly what's going 760 00:38:57,239 --> 00:38:59,759 Speaker 12: on right now where the administration is in a very 761 00:39:00,040 --> 00:39:03,640 Speaker 12: about position and making decisions about how to utilize the 762 00:39:03,680 --> 00:39:05,440 Speaker 12: remaining funds that are available. 763 00:39:05,719 --> 00:39:07,839 Speaker 7: The answer to all of this is pretty simple, and. 764 00:39:07,840 --> 00:39:10,120 Speaker 12: The bricks of the ship past the clean cr that 765 00:39:10,160 --> 00:39:13,439 Speaker 12: the House has already passed, reopened the government and get 766 00:39:13,440 --> 00:39:15,520 Speaker 12: on with the work and the negotiations that do need 767 00:39:15,560 --> 00:39:17,200 Speaker 12: to occur between now and the end of the year. 768 00:39:18,280 --> 00:39:21,200 Speaker 2: Of course, we should remind everybody you are chairman of 769 00:39:21,320 --> 00:39:25,560 Speaker 2: the House Admin Committee, congressman. That gives you a certain 770 00:39:25,640 --> 00:39:30,239 Speaker 2: purview over elements of the federal government, including the Smithsonian. 771 00:39:30,280 --> 00:39:34,080 Speaker 2: As I understand that the Smithsonian last evening said government 772 00:39:34,120 --> 00:39:37,359 Speaker 2: shutting down, it does have prior year funds to remain 773 00:39:37,440 --> 00:39:41,319 Speaker 2: open until at least October sixth. I don't know if 774 00:39:41,320 --> 00:39:44,840 Speaker 2: you have any further insights on that, but the tourists 775 00:39:44,920 --> 00:39:47,720 Speaker 2: need to worry about their plans to travel to Washington, 776 00:39:47,800 --> 00:39:49,360 Speaker 2: the school field trips and so forth. 777 00:39:50,600 --> 00:39:53,279 Speaker 7: Yeah, everybody is pert when the federal government's closed. 778 00:39:53,280 --> 00:39:56,600 Speaker 12: It's why I'm so darned frustrated about what took place 779 00:39:56,640 --> 00:39:59,560 Speaker 12: in the United States Senate when Chuck Schumer led his 780 00:39:59,600 --> 00:40:04,719 Speaker 12: colleagues to vote against this seven week clean cr and 781 00:40:04,800 --> 00:40:07,200 Speaker 12: so as funds expire and. 782 00:40:07,239 --> 00:40:08,760 Speaker 7: Draw are drawn down to zero. 783 00:40:09,160 --> 00:40:12,240 Speaker 12: Many of these agencies of the federal government are forced 784 00:40:12,239 --> 00:40:15,279 Speaker 12: to close. And whether or not the Smithsonian closes on 785 00:40:15,360 --> 00:40:18,640 Speaker 12: any specific day, I can tell you that a whole 786 00:40:18,680 --> 00:40:24,319 Speaker 12: host of important federal government functions can't operate without an 787 00:40:24,360 --> 00:40:29,160 Speaker 12: ongoing appropriations from Congress. And so people are being heart 788 00:40:29,280 --> 00:40:33,000 Speaker 12: it's darn frustrating, and those of us that are actually 789 00:40:33,040 --> 00:40:35,960 Speaker 12: trying to do the job of legislating and moving this 790 00:40:36,040 --> 00:40:40,200 Speaker 12: country forward are just incredibly frustrated with the position that 791 00:40:40,280 --> 00:40:42,960 Speaker 12: Chuck Schumer and Democrats in the Senate have taken by 792 00:40:43,000 --> 00:40:47,680 Speaker 12: rejecting a clean cr that is simply saying, let's just 793 00:40:47,719 --> 00:40:50,440 Speaker 12: continue the funding as we have it while we complete 794 00:40:50,440 --> 00:40:51,759 Speaker 12: these negotiations. 795 00:40:52,880 --> 00:40:55,279 Speaker 6: Congressman, just in the last thirty seconds we have you 796 00:40:55,320 --> 00:40:58,040 Speaker 6: to pick up on Joe's point. In all seriousness, we've 797 00:40:58,080 --> 00:41:01,279 Speaker 6: actually seen some outrage about what could potentially be the 798 00:41:01,320 --> 00:41:05,040 Speaker 6: shutdown of the pandacams at the National Zoo. I'm wondering 799 00:41:05,080 --> 00:41:08,680 Speaker 6: if you have any sort of assurances to Americans that 800 00:41:08,760 --> 00:41:11,200 Speaker 6: are looking at this because they actually were shut down 801 00:41:11,360 --> 00:41:13,800 Speaker 6: during the last government shutdown. 802 00:41:15,000 --> 00:41:17,760 Speaker 12: Yeah, you know, it's all sorts of programs that people 803 00:41:17,840 --> 00:41:21,680 Speaker 12: realize the federal government is involved. I have no knowledge 804 00:41:21,880 --> 00:41:26,120 Speaker 12: of pandacams or anything else that's sometimes playing out online, 805 00:41:26,120 --> 00:41:28,840 Speaker 12: but I can tell you that people are impacted in 806 00:41:28,880 --> 00:41:31,520 Speaker 12: small ways. Maybe it is by the pandacams, but I 807 00:41:31,520 --> 00:41:33,600 Speaker 12: can tell you my focus is on what I would. 808 00:41:33,480 --> 00:41:34,480 Speaker 7: View is the big ways. 809 00:41:34,920 --> 00:41:37,040 Speaker 12: And there's to me nothing more important to making sure 810 00:41:37,080 --> 00:41:40,680 Speaker 12: that our men and women in uniform are paid while 811 00:41:40,680 --> 00:41:44,640 Speaker 12: they're out sacrificing and risking their lives on our behalf 812 00:41:44,640 --> 00:41:45,840 Speaker 12: of our freedoms and liberties. 813 00:41:46,160 --> 00:41:48,200 Speaker 7: There's nothing to me more important than that. 814 00:41:48,800 --> 00:41:50,880 Speaker 12: But there are so many essential programs that have been 815 00:41:50,880 --> 00:41:53,320 Speaker 12: put in jeopardy by Democrats in the Senate. 816 00:41:55,120 --> 00:41:57,279 Speaker 2: He did not take the opportunity to say that Chuck 817 00:41:57,320 --> 00:42:00,400 Speaker 2: Schumer hates the pandace. Congressman is great to have you 818 00:42:00,440 --> 00:42:03,600 Speaker 2: back Brian's style Republican from Wisconsin. Maybe we'll be back 819 00:42:03,640 --> 00:42:05,880 Speaker 2: open next time we speak. Thanks for listening to the 820 00:42:05,920 --> 00:42:09,279 Speaker 2: Balance of Power podcast. Make sure to subscribe if you 821 00:42:09,320 --> 00:42:12,759 Speaker 2: haven't already, at Apple, Spotify, or wherever you get your podcasts, 822 00:42:13,200 --> 00:42:15,680 Speaker 2: and you can find us live every weekday from Washington, 823 00:42:15,760 --> 00:42:18,880 Speaker 2: DC at noontime Eastern at Bloomberg dot com.