Speaker 1: News when you wanted with Bloomberg News and now I'm
Speaker 1: Doug Prisoner. The US government shutdown appears to be nearing
Speaker 1: an end. Tonight, the Senate took the first step with
Speaker 1: passage of a procedural vote. It advances three government funding
Speaker 1: bills for next year. This is after a group of
Speaker 1: eight moderate Senate Democrats voted in favor. None of the bills, however,
Speaker 1: address the impending expiration of subsidies for the Affordable Care Act.
Speaker 1: Even so, Democrats have secured a pledge by Republicans to
Speaker 1: vote on a bill to renew the ACA tax credits
Speaker 1: by mid December. Angus King is independent senator from Maine
Speaker 1: who caucuses with the Democrats. Here is King on why
Speaker 1: he voted in favor of this deal.
Speaker 2: So the question before us, for those of us here
Speaker 2: who decided to vote yes tonight, the question was does
Speaker 2: the shutdown further the goal of achieving some needed support
Speaker 2: for the extension of the tax credits. Our judgment was
Speaker 2: that it will not. It would not produce that result,
Speaker 2: and the evidence for that is almost seven weeks of
Speaker 2: fruitless attempts to make that happen. It would it change
Speaker 2: in a week or another week? Or after Thanksgiving or Christmas,
Speaker 2: and there's no evidence that it.
Speaker 1: Would at is Angus King, independent Senator from Maine. Meantime,
Speaker 1: US airlines canceled more than twenty one hundred flights today,
Speaker 1: mostly because of the shutdown and the FAA's order to
Speaker 1: reduce air traffic. The slow down at forty of the
Speaker 1: nation's busiest airports is now in its third day. On
Speaker 1: Sunday alone, there were more than seven thousand additional flight delays,
Speaker 1: and today Transportation Secretary Sean Duffy said air travel would
Speaker 1: come to a virtual standstill during the Thanksgiving holiday. Here's
Speaker 1: Duffy on Fox News Sunday.
Speaker 3: As I look two weeks out, as we get closer
Speaker 3: to Thanksgiving, travel listen, I think what's going to happen
Speaker 3: is you're going to have air travel slow to a trickle.
Speaker 3: Everyone wants to travel to see their families. I think
Speaker 3: we're going to see our traffic controllers very few of
Speaker 3: them coming to work, which means, yes, you'll have a
Speaker 3: few flights taken off and landing at our different airports
Speaker 3: across the country. But the thousands of flights that happen
Speaker 3: every day to move people around the country for this
Speaker 3: great American holiday, it's not going to happen.
Speaker 1: Transportation Secretary Sean Duffy is speaking to Fox News Sunday.
Speaker 1: The Trump administration has told states to immediately undo any
Speaker 1: action they've taken to fully fund November Snap benefits. On Saturday,
Speaker 1: the USDA issued the directive and said that states that
Speaker 1: don't comply could face financial penalties. This creates further uncertainty
Speaker 1: around the food assistance program supporting forty two million Americans.
Speaker 1: Here is Maryland Governor Wes Moore speaking on CBS Face
Speaker 1: the Nation.
Speaker 4: They have money for everything. They got money to fight wars,
Speaker 4: they got money for ballrooms, they got money for everything.
Speaker 4: But when it comes to supporting the American people, that's
Speaker 4: now when they are crying, Well, we're broke, and that's
Speaker 4: not what the law requires us to do.
Speaker 1: Maryland Governor more speaking on CBS Face the Nation. Two
Speaker 1: Major League baseball pitchers have been indicted on charges they
Speaker 1: took bribes to give Sportspeedder's advanced notice on the types
Speaker 1: of pitches they'd throw. Emmanuel Class and Luis Ortiz both
Speaker 1: pitched for the Cleveland Guardians. They are accused of intentionally
Speaker 1: tossing balls instead of strikes. To ensure successful bets. Earlier today,
Speaker 1: class and Ortes were charged with fraud, conspiracy, and bribery.
Speaker 1: Now prosecutor say Ortes was arrested Sunday morning in Boston
Speaker 1: and he will appear in court on Monday. Class A
Speaker 1: is not yet in custody. President Trump is suggesting most
Speaker 1: Americans may receive a tariff dividend of at least two
Speaker 1: thousand dollars, and today US Treasury Secretary Scott Besson said
Speaker 1: the president's suggestion could come through tax cuts passed and
Speaker 1: the Economic Policy Bill earlier this year. Appearing this morning
Speaker 1: on ABC's This Week, Besson said he hadn't spoken to
Speaker 1: the President about this idea, but the two thousand dollars
Speaker 1: dividend could come in lots of forms, in lots of ways.
Speaker 5: It could be just the tax decreases that we are
Speaker 5: seeing on the President's agenda. You know, no tax on tips,
Speaker 5: no tax on overtime, no tax on solid security, deductibility
Speaker 5: of auto loans, so you know, those are substantial deductions
Speaker 5: that are being financed in the tax bill.
Speaker 1: Treasury Secretary Scott Besson, speaking on ABC's This Week for
Speaker 1: the first time in more than eighty years, a Syrian
Speaker 1: leader is coming to the White House. Bloomberg's Nathan Hager
Speaker 1: has a preview from Washington.
Speaker 6: Syrian President Akhmed al Sharah will meet with President Trump
Speaker 6: on Monday, less than a year after the one time
Speaker 6: Islamist rebel overthrow Bashar al Assad's dictatorship. This will be
Speaker 6: Shara's second meeting with the President. The first in Saudi
Speaker 6: Arabia in May led to a promise to lift US sanctions.
Speaker 6: Sharraz hoping to secure more relief this week and to
Speaker 6: get more US help against Israeli incursions into Syria as
Speaker 6: President Trump hopes to bring Syria into the Abraham Accord
Speaker 6: and normalize relations with Israel. In Washington, I'm Nathan Hager,
Speaker 6: Bloomberg Radio.
Speaker 1: Earlier today, Blue Origin delayed a planned second flight of
Speaker 1: its New Glen rocket. The Jeff Bezos backed space company
Speaker 1: cited weather conditions and unspecified issues with ground equipment. It's
Speaker 1: unclear when the company will reattempt the flight. As a
Speaker 1: result of the government shutdown, the FAA last week issued
Speaker 1: an emergency directive banning commercial launches and re entries during
Speaker 1: a time window in which a backup launch of New
Speaker 1: Glen was planned. Now a successful flight would put Blue
Speaker 1: Origin back on track to challenge the grip that Elon
Speaker 1: Musk's SpaceX company has on the rocket business. And that
Speaker 1: is news when you want it with Bloomberg News. Now,
Speaker 1: I'm Doug Prisoner and this is Bloomberg