With Shutdown Just Hours Away, Senate Leaders Are Reportedly Close To A Deal
The federal government is less than two days away from a shutdown. Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer are reportedly close to a budget deal, but not everyone is excited about it. The deal would extend budget limits for defense and domestic spending, but does not include a solution to DACA, which many Democrats have said will need to be a part of any long-term budget deal.
House Minority Leader Nancy Pelosi is one of the Democrats who have said a budget deal must be tied to a solution on immigration. Despite her stance, Jack Holmes, Associate Editor at Esquire, says he doesn't believe the government will shut down at all.
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.