For several weeks while Congress Worked on long term spending plans. The republicans, who hold a slim majority in the house of representatives, are at a deadlock, with members on the right of the party demanding wide ranging spending cuts. One of that groups main objections has been the white houses request for an additional 24 billion in aid to ukraine. Tonight, mr mccarthy urged the senate to drop that measure from its resolution. I think if we had a clean one without ukraine on it, we could probably be able to move that through. I think if the senate puts ukraine on there and focuses ukraine over america, i think that could cause real problems. Megan scully is Bloomberg Congress editor and shejoined me earlier. What is your initial reaction to this news there from Speaker Mccarthy that if ukraine was removed, a deal might be on the table . ,. ,. ,. , table . This is one of many ideas that table . This is one of many ideas that are table . This is one of many ideas that are percolati
The republicans, who hold a slim majority in the house of representatives, are at a deadlock, with members on the right of the party demanding wide ranging spending cuts. One of that groups main objections has been the white houses request for an additional 24 billion in aid to ukraine. Tonight, mr mccarthy urged the senate to drop that measure from its resolution. I think if we had a clean one without ukraine on it, we could probably be able to move that through. I think if the senate puts ukraine on there and focuses ukraine over america, i think that could cause real problems. Megan scully is Bloomberg Congress editor and she joined me in the last hour. What is your initial reaction to this news from Speaker Mccarthy . That if ukraine was removed, a deal might be on the table. This is one of many ideas that are percolating this evening. The closer we get to the deadline, the more ideas seem to be giving birth by both sides. This latest offer, not even quite an offer proposal, someth
Earlier, my colleague Sumi Somaskanda spoke to robert costa of cbs news, about a potential path to a deal and the obstacles mr mccarthy would have to overcome. At this point, there is a viable path. Based on my conversations with some House Republicans today about getting the government funded for a short period, maybe three or four days, maybe a week, maybe two weeks that would be whats called a short term, clean, Continuing Resolution. Some kind of stopgap bill to keep the government running as negotiations are ongoing and negotiations are ongoing. House speaker Kevin Mccarthy is struggling to get his republican members to come around to a consensus. Theres a real debate among republicans about how to handle immigration with any kind of government funding bill, how far to go. So far, mccarthy has really been toiling in terms of getting members of the so called House Freedom caucus, the hard line conservatives, to come along. What does this mean for Kevin Mccarthy . 21 21 republicans
The two historical allies also reached deals aimed at boosting cooperation to develop artificial intelligence, semiconductors and green technologies. Meanwhile, biden and kishida brushed off a dispute over nippon steels offer for us steel, saying the issue was not a majorfactor in their discussions. Wendy cutler, a former acting deputy us trade representative, said the us and japan have benefited from maintaining close ties. Absolutely. I think both sides come into this summit confident and both the president and Prime Minister and their Press Conference underscored the huge two Way Investments that are moving between the two countries. The us is the largest fdi partner injapan and vice versa. Japanese companies are making huge investments in the united states, and this just serves to bring us closer, particularly with respect to strategic us closer, particularly with respect to strategic and advanced technology products. Now, the Biden Administration is also actively in talks with chi
At boosting cooperation to develop artificial intelligence, semiconductors, and green technology. Meanwhile, biden and kishida brushed off a dispute over nippon steels over for us steel, saying it was not a major factor in the majorfactor in the discussions. Major factor in the discussions. Wendy cutler, a former deputy at the us trade representative, said that us and japan have benefited from maintaining close ties. Absolutely. Think both sides come into this summit confident and both the president and Prime Minister in their Press Conference underscored the huge 2 Way Investments that are moving between the two countries. The us is the largest fdi partner injapan and vice versa. Japanese companies are making huge investments in the United States and this just serves to bring us closer, particularly with respect to strategic and advanced technology products. Right now, the Biden Administration is also actively in talks with chinas Economic Policy makers after something of a drought. W