1 00:00:00,800 --> 00:00:03,120 Speaker 1: News when you wanted with Bloomberg News and now I'm 2 00:00:03,160 --> 00:00:06,360 Speaker 1: Doug Prisoner. The US government shutdown appears to be nearing 3 00:00:06,360 --> 00:00:09,280 Speaker 1: an end. Tonight, the Senate took the first step with 4 00:00:09,440 --> 00:00:13,280 Speaker 1: passage of a procedural vote. It advances three government funding 5 00:00:13,320 --> 00:00:15,920 Speaker 1: bills for next year. This is after a group of 6 00:00:16,040 --> 00:00:20,599 Speaker 1: eight moderate Senate Democrats voted in favor. None of the bills, however, 7 00:00:20,640 --> 00:00:24,439 Speaker 1: address the impending expiration of subsidies for the Affordable Care Act. 8 00:00:24,880 --> 00:00:29,240 Speaker 1: Even so, Democrats have secured a pledge by Republicans to 9 00:00:29,320 --> 00:00:32,080 Speaker 1: vote on a bill to renew the ACA tax credits 10 00:00:32,120 --> 00:00:36,280 Speaker 1: by mid December. Angus King is independent senator from Maine 11 00:00:36,320 --> 00:00:39,720 Speaker 1: who caucuses with the Democrats. Here is King on why 12 00:00:39,760 --> 00:00:41,440 Speaker 1: he voted in favor of this deal. 13 00:00:41,880 --> 00:00:45,320 Speaker 2: So the question before us, for those of us here 14 00:00:45,520 --> 00:00:48,680 Speaker 2: who decided to vote yes tonight, the question was does 15 00:00:48,760 --> 00:00:53,720 Speaker 2: the shutdown further the goal of achieving some needed support 16 00:00:53,840 --> 00:00:56,760 Speaker 2: for the extension of the tax credits. Our judgment was 17 00:00:57,000 --> 00:01:01,320 Speaker 2: that it will not. It would not produce that result, 18 00:01:01,560 --> 00:01:04,959 Speaker 2: and the evidence for that is almost seven weeks of 19 00:01:05,040 --> 00:01:10,280 Speaker 2: fruitless attempts to make that happen. It would it change 20 00:01:10,319 --> 00:01:15,400 Speaker 2: in a week or another week? Or after Thanksgiving or Christmas, 21 00:01:15,840 --> 00:01:17,000 Speaker 2: and there's no evidence that it. 22 00:01:16,920 --> 00:01:20,920 Speaker 1: Would at is Angus King, independent Senator from Maine. Meantime, 23 00:01:21,040 --> 00:01:24,120 Speaker 1: US airlines canceled more than twenty one hundred flights today, 24 00:01:24,160 --> 00:01:27,440 Speaker 1: mostly because of the shutdown and the FAA's order to 25 00:01:27,520 --> 00:01:30,600 Speaker 1: reduce air traffic. The slow down at forty of the 26 00:01:30,680 --> 00:01:33,880 Speaker 1: nation's busiest airports is now in its third day. On 27 00:01:34,080 --> 00:01:38,240 Speaker 1: Sunday alone, there were more than seven thousand additional flight delays, 28 00:01:38,640 --> 00:01:43,000 Speaker 1: and today Transportation Secretary Sean Duffy said air travel would 29 00:01:43,000 --> 00:01:47,120 Speaker 1: come to a virtual standstill during the Thanksgiving holiday. Here's 30 00:01:47,160 --> 00:01:48,960 Speaker 1: Duffy on Fox News Sunday. 31 00:01:49,640 --> 00:01:52,240 Speaker 3: As I look two weeks out, as we get closer 32 00:01:52,280 --> 00:01:57,000 Speaker 3: to Thanksgiving, travel listen, I think what's going to happen 33 00:01:57,040 --> 00:01:59,600 Speaker 3: is you're going to have air travel slow to a trickle. 34 00:02:00,000 --> 00:02:02,360 Speaker 3: Everyone wants to travel to see their families. I think 35 00:02:02,400 --> 00:02:04,600 Speaker 3: we're going to see our traffic controllers very few of 36 00:02:04,600 --> 00:02:06,760 Speaker 3: them coming to work, which means, yes, you'll have a 37 00:02:06,760 --> 00:02:09,440 Speaker 3: few flights taken off and landing at our different airports 38 00:02:09,480 --> 00:02:12,120 Speaker 3: across the country. But the thousands of flights that happen 39 00:02:12,160 --> 00:02:13,920 Speaker 3: every day to move people around the country for this 40 00:02:13,960 --> 00:02:15,960 Speaker 3: great American holiday, it's not going to happen. 41 00:02:16,120 --> 00:02:19,800 Speaker 1: Transportation Secretary Sean Duffy is speaking to Fox News Sunday. 42 00:02:20,000 --> 00:02:24,280 Speaker 1: The Trump administration has told states to immediately undo any 43 00:02:24,360 --> 00:02:28,959 Speaker 1: action they've taken to fully fund November Snap benefits. On Saturday, 44 00:02:28,960 --> 00:02:32,000 Speaker 1: the USDA issued the directive and said that states that 45 00:02:32,200 --> 00:02:37,279 Speaker 1: don't comply could face financial penalties. This creates further uncertainty 46 00:02:37,320 --> 00:02:41,160 Speaker 1: around the food assistance program supporting forty two million Americans. 47 00:02:41,520 --> 00:02:45,240 Speaker 1: Here is Maryland Governor Wes Moore speaking on CBS Face 48 00:02:45,320 --> 00:02:45,679 Speaker 1: the Nation. 49 00:02:46,320 --> 00:02:48,640 Speaker 4: They have money for everything. They got money to fight wars, 50 00:02:48,720 --> 00:02:51,799 Speaker 4: they got money for ballrooms, they got money for everything. 51 00:02:51,919 --> 00:02:54,880 Speaker 4: But when it comes to supporting the American people, that's 52 00:02:54,960 --> 00:02:57,800 Speaker 4: now when they are crying, Well, we're broke, and that's 53 00:02:57,800 --> 00:02:59,080 Speaker 4: not what the law requires us to do. 54 00:02:59,160 --> 00:03:03,040 Speaker 1: Maryland Governor more speaking on CBS Face the Nation. Two 55 00:03:03,080 --> 00:03:06,480 Speaker 1: Major League baseball pitchers have been indicted on charges they 56 00:03:06,520 --> 00:03:10,320 Speaker 1: took bribes to give Sportspeedder's advanced notice on the types 57 00:03:10,320 --> 00:03:14,520 Speaker 1: of pitches they'd throw. Emmanuel Class and Luis Ortiz both 58 00:03:14,600 --> 00:03:18,519 Speaker 1: pitched for the Cleveland Guardians. They are accused of intentionally 59 00:03:18,639 --> 00:03:23,040 Speaker 1: tossing balls instead of strikes. To ensure successful bets. Earlier today, 60 00:03:23,200 --> 00:03:27,280 Speaker 1: class and Ortes were charged with fraud, conspiracy, and bribery. 61 00:03:27,680 --> 00:03:31,200 Speaker 1: Now prosecutor say Ortes was arrested Sunday morning in Boston 62 00:03:31,240 --> 00:03:33,920 Speaker 1: and he will appear in court on Monday. Class A 63 00:03:34,240 --> 00:03:37,920 Speaker 1: is not yet in custody. President Trump is suggesting most 64 00:03:37,960 --> 00:03:41,040 Speaker 1: Americans may receive a tariff dividend of at least two 65 00:03:41,080 --> 00:03:45,120 Speaker 1: thousand dollars, and today US Treasury Secretary Scott Besson said 66 00:03:45,400 --> 00:03:48,960 Speaker 1: the president's suggestion could come through tax cuts passed and 67 00:03:49,040 --> 00:03:52,640 Speaker 1: the Economic Policy Bill earlier this year. Appearing this morning 68 00:03:52,720 --> 00:03:55,840 Speaker 1: on ABC's This Week, Besson said he hadn't spoken to 69 00:03:55,880 --> 00:03:59,080 Speaker 1: the President about this idea, but the two thousand dollars 70 00:03:59,080 --> 00:04:02,960 Speaker 1: dividend could come in lots of forms, in lots of ways. 71 00:04:03,760 --> 00:04:07,240 Speaker 5: It could be just the tax decreases that we are 72 00:04:07,280 --> 00:04:10,640 Speaker 5: seeing on the President's agenda. You know, no tax on tips, 73 00:04:10,640 --> 00:04:14,400 Speaker 5: no tax on overtime, no tax on solid security, deductibility 74 00:04:14,640 --> 00:04:18,640 Speaker 5: of auto loans, so you know, those are substantial deductions 75 00:04:19,120 --> 00:04:21,800 Speaker 5: that are being financed in the tax bill. 76 00:04:21,880 --> 00:04:26,120 Speaker 1: Treasury Secretary Scott Besson, speaking on ABC's This Week for 77 00:04:26,160 --> 00:04:28,719 Speaker 1: the first time in more than eighty years, a Syrian 78 00:04:28,839 --> 00:04:32,360 Speaker 1: leader is coming to the White House. Bloomberg's Nathan Hager 79 00:04:32,400 --> 00:04:33,800 Speaker 1: has a preview from Washington. 80 00:04:34,360 --> 00:04:37,599 Speaker 6: Syrian President Akhmed al Sharah will meet with President Trump 81 00:04:37,600 --> 00:04:39,800 Speaker 6: on Monday, less than a year after the one time 82 00:04:39,880 --> 00:04:43,840 Speaker 6: Islamist rebel overthrow Bashar al Assad's dictatorship. This will be 83 00:04:43,880 --> 00:04:47,040 Speaker 6: Shara's second meeting with the President. The first in Saudi 84 00:04:47,080 --> 00:04:50,279 Speaker 6: Arabia in May led to a promise to lift US sanctions. 85 00:04:50,480 --> 00:04:53,359 Speaker 6: Sharraz hoping to secure more relief this week and to 86 00:04:53,400 --> 00:04:57,120 Speaker 6: get more US help against Israeli incursions into Syria as 87 00:04:57,160 --> 00:04:59,960 Speaker 6: President Trump hopes to bring Syria into the Abraham Accord 88 00:05:00,120 --> 00:05:03,760 Speaker 6: and normalize relations with Israel. In Washington, I'm Nathan Hager, 89 00:05:03,760 --> 00:05:04,640 Speaker 6: Bloomberg Radio. 90 00:05:04,880 --> 00:05:08,280 Speaker 1: Earlier today, Blue Origin delayed a planned second flight of 91 00:05:08,320 --> 00:05:11,680 Speaker 1: its New Glen rocket. The Jeff Bezos backed space company 92 00:05:11,800 --> 00:05:16,479 Speaker 1: cited weather conditions and unspecified issues with ground equipment. It's 93 00:05:16,560 --> 00:05:19,960 Speaker 1: unclear when the company will reattempt the flight. As a 94 00:05:20,000 --> 00:05:23,400 Speaker 1: result of the government shutdown, the FAA last week issued 95 00:05:23,440 --> 00:05:28,359 Speaker 1: an emergency directive banning commercial launches and re entries during 96 00:05:28,400 --> 00:05:31,479 Speaker 1: a time window in which a backup launch of New 97 00:05:31,480 --> 00:05:35,359 Speaker 1: Glen was planned. Now a successful flight would put Blue 98 00:05:35,400 --> 00:05:38,120 Speaker 1: Origin back on track to challenge the grip that Elon 99 00:05:38,240 --> 00:05:43,120 Speaker 1: Musk's SpaceX company has on the rocket business. And that 100 00:05:43,320 --> 00:05:45,440 Speaker 1: is news when you want it with Bloomberg News. Now, 101 00:05:45,560 --> 00:05:47,400 Speaker 1: I'm Doug Prisoner and this is Bloomberg