Democrats criticize Trump for 'empty promises on border wall'

Screen Shot
Nicholas Kamm Getty Images
Author

26 August, 2017

Tweeted Rep. Don Beyer, D-Va.: "Trump threatens to shut down the government unless we vote to put taxpayers on the hook for a wall he promised Mexico would pay for".

Congress will have about 12 working days when it returns on September 5 from its summer break to approve spending measures to keep the government open, while also facing a looming deadline to raise the cap on the amount the government may borrow. At the time, it will have only about 12 working days to approve spending measures to keep the government open.

The party's conservative wing backed the president's call for wall funding, with Representative Jim Jordan of OH, a founding member of the Freedom Caucus, telling Reuters any government shutdown would be caused by Senate Democrats.

Trump's threat comes a little more than a month before federal spending authority expires, requiring Congress to act to keep the government fully operating past September 30. In the 1970s and 1980s, there were 14 shutdowns, some partial and most lasting only a few days.

Credit ratings agency Fitch Ratings said a failure to raise the ceiling in a timely manner would prompt it to review its rating on USA sovereign debt, "with potentially negative implications".

Congress needs to reauthorize a law that provides health care to low-income children by the end of September or there will be cuts to funding for that program, and they also must raise the debt ceiling by Sept. 29, or Treasury Secretary Steven Mnuchin has said the US government could run out of the money needed to pay all of its bills.

Action is needed to raise the debt ceiling by September 29, the administration has warned, although some fiscal experts say the deadline may actually be mid-October.

Ryan said on Thursday that Congress will pass legislation to raise the federal debt ceiling, noting that lawmakers have several options.

Credit ratings agency Fitch said on Wednesday it would review the US sovereign debt rating, "with potentially negative implications", if the debt limit is not raised in a timely manner. An August 2011 standoff cost the country its top-notch bond rating from the credit rating agency Standard & Poor's and caused the most jarring two weeks in financial markets since the 2007-2009 global financial crisis. Some analysts say Congress may try to tackle both issues at the same time.

During a campaign rally in Phoenix on Tuesday night, Trump leveled his latest threat about blocking new government funding if it doesn't include the $1.6 billion he wants to partially construct a new wall along the Mexico border. Republicans' slim majority in the Senate means Democrats are needed to pass most legislation and they have opposed including border wall funding in any fiscal 2018 spending bill. Some of them have already indicated they are willing to shut down the government to get it.

The government shutdown in 2013 was led in part by Sen. Trump had blamed McConnell for the failure of the healthcare bill, while McConnell said he doubted that Trump could salvage his presidency.

The Trump administration reversed course earlier this month and said it would back a "clean" raising of the debt ceiling, meaning it would not be tied to other policy measures.


More news


  • North Korea missile launch fails

    North Korea missile launch fails

    The missile tests occurred as the United States and South Korea conducted the annual Ulchi Freedom Guardian military exercises. The North's move was immediately reported to President Moon Jae-in.

    Pioneer Natural Resources Company (PXD) Coverage Initiated at Imperial Capital

    Shares for $566,180 were sold by DOVE TIMOTHY L. $547,442 worth of stock was sold by Montemayor Margaret on Monday, February 27. Mckinley Management Ltd Liability Corp Delaware invested in 137,193 shares. 53 funds opened positions while 117 raised stakes.
    Russian Rostelecom has invested $31 million in a hopeless project

    Russian Rostelecom has invested $31 million in a hopeless project

    If Google has over 49 million clicks per day, the audience of "Sputnik" is not more than 4.2 thousand. Earlier it was announced that "Sputnik" will be able to create its own maps in the nearest future.
  • Nearly Half of Trump Voters Think Whites, Christians Are Most Oppressed Groups

    Nearly Half of Trump Voters Think Whites, Christians Are Most Oppressed Groups

    To them, I would ask why Phillips would be so vocal on those matters now, when she said little or nothing about them in the past. At the Phoenix rally, he read from his three responses to the racially charged violence, becoming more animated with each one.

    Analyst Research and Ratings: Juniper Networks, Inc. (JNPR), CarMax Inc. (KMX)

    Trilogy Global Advisors Lp decreased Juniper Networks Inc ( JNPR ) stake by 3.04% reported in 2016Q4 SEC filing. Morgan Stanley downgraded the shares of JNPR in report on Tuesday, November 1 to "Underweight" rating.

    Depth Technical Analysis: Applied Materials, Inc. (AMAT), The Kroger Co. (KR)

    Loring Wolcott & Coolidge Fiduciary Advisors Llp decreased Discovery (DISCK) stake by 37.16% reported in 2016Q4 SEC filing. On average, equities research analysts forecast that Applied Materials will post $3.12 EPS for the current fiscal year.
  • Mueller Seeks Grand Jury Testimony from PR Execs Who Worked With Manafort

    Mueller Seeks Grand Jury Testimony from PR Execs Who Worked With Manafort

    The executive told NBC News that was because the non-profit said that it was not funded by a government or a political party. Both Flynns and Mueller declined to comment on the Wall Street Journal's reporting.

    William Blair Brokers Lift Earnings Estimates for IDEXX Laboratories, Inc. (IDXX)

    With 667,500 avg volume, 5 days are for Dupont Fabros Tech Incorporated (NYSE:DFT)'s short sellers to cover DFT's short positions. It is negative, as 29 investors sold IDXX shares while 183 reduced holdings. 67 funds opened positions while 130 raised stakes.

    Tesla's music streaming service pops up in software update

    Tesla is reportedly creating a streaming music service known as "TTunes". Possible pricing information is now unknown as well.
  • DA rejects UDM ultimatum over Nelson Mandela Bay metro ructions

    DA rejects UDM ultimatum over Nelson Mandela Bay metro ructions

    Selfe said that the Bobani saga was nine months in the making, and the party could not tolerate no action by the UDM any longer. The DA on Friday continued to urge Holomisa and the UDM to put the people of Nelson Mandela Bay first.
    Kushner meets with Netanyahu, Abbas as confusion lingers over USA  peace efforts

    Kushner meets with Netanyahu, Abbas as confusion lingers over USA peace efforts

    FILE PHOTO: Israeli Prime Minister Benjamin Netanyahu speaks during a cabinet meeting in Jerusalem, August 13, 2017. Four Palestinians, three Israelis and two Jordanians were killed during the crisis.

    Analyst Commentary On Alliqua BioMedical, Inc. (ALQA), Aralez Pharmaceuticals Inc. (ARLZ)

    Alliqua BioMedical , Inc. (ALQA ) has an annual dividend of $0, while its annual dividend yield is 0%. ALQA stock acknowledged attractive focus from Investors and it has been trading on front line.