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There's an 85% Chance of Government Shutdown, Says Rep. Johnson
Bloomberg
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6 weeks ago
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00:00
Our viewers and listeners should know that you are pivotal in the background and getting the
00:04
president's big, beautiful bill across the finish line. You've been through a lot of these shutdown
00:09
scenarios before, and I'm wondering what your gut tells you now. Does this meeting lead to
00:14
something today? Is there an 11th hour save or should we prepare for the lights to go out?
00:20
It would be wonderful if the, you know, the big boys and the big girls in Washington,
00:24
if we could get our act together and avoid the shutdown. But it really doesn't look like that's
00:29
going to happen. It feels to me like we've got an 85 percent chance of going into shutdown.
00:34
We just I mean, we have passed a bipartisan short term funding deal out of the House on a bipartisan
00:40
basis. Chuck Schumer does not seem interest in interested in accepting that deal. And
00:46
I think he seems pretty committed to a shutdown. I think that's where we're headed.
00:51
Congressman, do you see any sort of compromise that could emerge in particular when it comes
00:56
to extending the Obamacare premium subsidies that are set to expire? It seems like there might be
01:02
some wiggle room on that provision, at least whether that happens now or down the road if this
01:08
short term stopgap measure gets through. Part of I mean, what has sometimes been said is that
01:15
nothing is as eternal as a government program. This is a little bit of proof of that. I mean,
01:20
here we've got some special assistance on health care, some subsidies that were put into place during
01:26
the pandemic. And here we are having a hard time getting rid of them. Listen, let's say that
01:32
reasonable people can disagree about whether or not working class Americans should have these
01:36
additional enhanced tax credits. Most of the benefits go to insurance companies. But let's just
01:42
set that aside and say reasonable people can disagree about that. What we shouldn't be debating is
01:47
whether or not we're going to spend $1.5 trillion of new spending as a part of a six week short term
01:55
stopgap funding deal. I mean, this is really unprecedented that the Democrats are saying
02:00
that no, no, rather than negotiate on the health care stuff while the government is open,
02:05
we prefer to negotiate while the government is shuttered. It seems like they're taking the
02:10
American people hostage. And I just don't see how Republicans can go along with that.
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