Schumer Withdraws Border Wall Funding Offer, Assuring Another Shutdown
23 January, 2018
In a move that virtually assures another government shutdown on February 8, Politico reports that Chuck Schumer has taken his offer for a "spending boost" for Donald Trump’s border wall off the table, a bargaining position that would be a non-starter with the president and Congressional Republicans.
Schumer “took it off,” said Illinois Sen. Dick Durbin, the No. 2 Senate Democrat. “He called the White House yesterday and said it’s over.”
“They claim that some crazy deal was made,” Cotton said of Democrats. “And then when we say no deal was made, they accuse Republicans and the president of reneging.”
the [government reopening] agreement does not resolve the underlying issues that led to the shutdown and therefore simply postpones the uncertainty for a few weeks. A further temporary extension is likely to be necessary after February 8, since it is unlikely in our view that Congress will be able to pass an immigration bill by then and we do not expect congressional Democrats to agree to a long-term spending bill without an immigration agreement.
This raises the probability that an upcoming spending deadline overlaps with the debt limit, which we estimate will need to be raised at some point between late February and late March. While financial markets mostly ignored the shutdown, a disruptive debt limit debate could have a more negative impact.
Republicans aligned with Trump are unlikely to go for any bill that does not offer a major boost in border wall funding