Giovedi, 23 Novembre, 2017

Conway says Trump is serious on border wall

Markets gave a thumbs down to threats by President Donald Trump over a government shutdown and US pullout of NAFTAMore Markets gave a thumbs down to threats by President Donald Trump over a government shutdown and US pullout of NAFTAMore
Parmenio Sano | 28 Agosto, 2017, 19:51

Funding for federal agencies will run out on October 1, when a new fiscal year begins, unless Congress approves a spending package and Trump signs it into law.

And let's also disregard, for the time being, the fact that Trump promised the USA taxpayers that they wouldn't pay for the wall itself, that Mexico would be footing the bill. Flake questioned the wisdom of constructing a wall in a landscape that includes flat desert, rolling hills, canyons, mountains and waterways - all of which present unique challenges in securing the border.

Add those three factors up - and sprinkle in the historic trends of major losses in the president's party in his first midterm election - and you have a boiling cauldron of bad for Republicans. Both are must-approve measures.

"What we've seen over this last week or so in financial markets has been a bit of wiggling around regarding the USA political situation", said Paul Eitelman, multi-asset investment strategist at Russell Investments in Seattle. The S&P 500 Index closed about 0.3 percent lower, the Dow Jones Industrial Average was down by 0.4 percent and the Nasdaq Composite Index slid 0.3 percent. Trump's threat is to veto any such bill unless it features money for the wall.

However, Trump promised that he would make the Mexican government pay for the barrier.

Two endorsements on syndicated conservative talk radio aren't likely to have a huge impact on an election nearly a year away, but they are a marked shift in the far-right's willingness to publicly challenge figures who are supported by Senate leaders like Majority Leader Mitch McConnell and the chair of the National Republican Senatorial Committee Cory Gardner, both of whom have publicly backed Flake.

The wall? It is not built.

A White House statement said Trump would hold "previously scheduled meetings" with McConnell once Congress returns to Washington and that Trump and McConnell "remain united on many shared priorities, including middle class tax relief, strengthening the military, constructing a southern border wall, and other important issues".

There's one crucial difference between 2013 and today, however: Republicans control the executive and legislative branches of government.


"For the sake of our party and our nation, we Republicans must disassociate ourselves from Trump by expressing our opposition to his divisive tactics and by clearly and strongly insisting that he does not represent what it means to be a Republican", Danforth said.

Knowing this, Senate Minority Leader Chuck Schumer warned Republicans and the White House on Wednesday not to draw a line in the sand over the wall.

"Jeff Flake and John McCain insult Republican voters again, and again, and again, because they tell us what they say we should think", Ward said. Will Congress call his bluff, or will they go along with his atrocious plan to appease their far-right voters? There is bipartisan agreement to spend large amounts of taxpayer dollars on all sorts of infrastructure nonsense and they can not get it passed Congress and can not get direction from the White House on shaping it.

"This is the cleanup work we have to do just to get through the month", said a senior GOP aide. That would have enormous consequences in the financial markets.

With the federal government getting closer to running out of cash to cover all bills on time, companies that evaluate bonds are having to consider how to rate America's creditworthiness. But for all McConnell's private comments about Trump's unsalvageable presidency - and the myriad grounds for impeachment the mogul has provided Congress - the GOP will probably need to keep dancing with the one that brought them.

In any case, Congress now has just a few more weeks to raise the debt ceiling, which would enable the government to continue borrowing enough cash to pay all of its bills on time.

But it has sometimes sparked fierce battles over spending. Still, many in Congress declined to call out Trump by name and showed an unwillingness to get into a direct confrontation with the president.

The U.S. border with Mexico is roughly 1,900 miles long.

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