Haley Byrd, congressional reporter at The Weekly Standard, and Katherine Mangu-Ward, Editor-in-Chief at Reason Magazine, discuss the 2nd government shutdown of 2018. The government closed for just over five hours before the House passed a two-year spending bill that was later signed by the president.
Both reporters dig into the details of the budget deal that will add hundreds of billions of dollars to the deficit. They also note the contradiction of Republicans voting to increase spending since the GOP is historically fiscally conservative.
There has been a series of violent attacks in Afghanistan in the past week as U.S. troops withdrawal deadline approaches. The evacuation effort is winding down with 1,200 people evacuated in the last 24 hours, compared to last week's 24-hour span high of 21,000, and it is reported that there are around 250 people still waiting to be airlifted.
Dan Lamothe, national security reporter at The Washington Post, joined Cheddar's Opening Bell to discuss more on what is going to happen when all evacuation and withdrawal missions are completed.
Futures pointed to a slightly higher open on the heels of Fed Chair Jerome Powell saying the central bank is on track to taper its asset purchases later this year. Milton Ezrati, Chief Economist at Vested joined Wake Up with Cheddar to discuss.
