Friday, September 4, 2020

Mnuchin, Pelosi Reach Deal to Avoid Government Shutdown

Her lockdown-violating hair blowout in SF completed, House Speaker Nancy Pelosi has reached a deal with Treasury Secretary Steve Munchin to keep the federal government in money spending mode, reports The Hill.

They have informally agreed to pursue a clean, short-term stopgap measure to avert a government shutdown at the end of the month, according to the paper.

This means the continuing resolution needed to keep the government open past Sept. 30 would be free of deal-killing policy riders that have bogged down previous funding bills, significantly lowering the odds of a shutdown leading up to the Nov. 3 elections.

“House Democrats support a clean continuing resolution,” added Pelosi spokesman Drew Hammill.

White House press secretary Kayleigh McEnany told reporters Thursday: "We do believe that we'll be able to get funding to avoid a shutdown."

According to The Hill, the duration of the CR is not clear at this point, but the most likely option is that the government will be funded until December when Congress would need to return for a lame-duck session to pass another short-term bill to fund the government into 2021.

A new coronavirus relief package will continue in separate talks that are not necessarily tied to the CR.

Need I point out that the spending is assured to increase the deficit even more? It is a  deficit increase that will surely be monetized by the irresponsible members of the current Federal Reserve Board.


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