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News Link • Government Debt & Financing

Trump: US "Needs A Good Shutdown In September To Fix This Mess"

• zerohedge.com by Tyler Durden

With Congress poised this week to approve a deal to fund the government through September, the first major bipartisan legislation of Trump's presidency, after lengthy negotiations (which have appeared to signal numerous 'folds' by President Trump), apparently frustrated by the lack of tryannical powers that a simple majority grants him, President Trump has lashed out this morning at disagreeable Democrats, and in particular Senate Democrats.

As a reminder, the proposed government funding deal does not include funding for Trump's proposed wall along the U.S.-Mexico border or include language stripping federal money from so-called sanctuary cities, both of which the White House demanded at the outset of negotiations.  In fact, as we reported yesterday, the bill has been seen widely as a victory for Democrats, something which has been panned by the conservative press.  While the White House also backed off a threat to withhold ObamaCare subsidy payments to insurance companies, Trump did secure increased military spending in the 2017 budget deal. 

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