Episode Transcript
News when you wanted with Bloomberg News and now I'm Doug Prisoner.
The US government shutdown appears to be nearing an end.
Tonight, the Senate took the first step with passage of a procedural vote.
It advances three government funding bills for next year.
This is after a group of eight moderate Senate Democrats voted in favor.
None of the bills, however, address the impending expiration of subsidies for the Affordable Care Act.
Even so, Democrats have secured a pledge by Republicans to vote on a bill to renew the ACA tax credits by mid December.
Angus King is independent senator from Maine who caucuses with the Democrats.
Here is King on why he voted in favor of this deal.
Speaker 2So the question before us, for those of us here who decided to vote yes tonight, the question was does the shutdown further the goal of achieving some needed support for the extension of the tax credits.
Our judgment was that it will not.
It would not produce that result, and the evidence for that is almost seven weeks of fruitless attempts to make that happen.
It would it change in a week or another week?
Or after Thanksgiving or Christmas, and there's no evidence that it.
Speaker 1Would at is Angus King, independent Senator from Maine.
Meantime, US airlines canceled more than twenty one hundred flights today, mostly because of the shutdown and the FAA's order to reduce air traffic.
The slow down at forty of the nation's busiest airports is now in its third day.
On Sunday alone, there were more than seven thousand additional flight delays, and today Transportation Secretary Sean Duffy said air travel would come to a virtual standstill during the Thanksgiving holiday.
Here's Duffy on Fox News Sunday.
Speaker 3As I look two weeks out, as we get closer to Thanksgiving, travel listen, I think what's going to happen is you're going to have air travel slow to a trickle.
Everyone wants to travel to see their families.
I think we're going to see our traffic controllers very few of them coming to work, which means, yes, you'll have a few flights taken off and landing at our different airports across the country.
But the thousands of flights that happen every day to move people around the country for this great American holiday, it's not going to happen.
Speaker 1Transportation Secretary Sean Duffy is speaking to Fox News Sunday.
The Trump administration has told states to immediately undo any action they've taken to fully fund November Snap benefits.
On Saturday, the USDA issued the directive and said that states that don't comply could face financial penalties.
This creates further uncertainty around the food assistance program supporting forty two million Americans.
Here is Maryland Governor Wes Moore speaking on CBS Face the Nation.
Speaker 4They have money for everything.
They got money to fight wars, they got money for ballrooms, they got money for everything.
But when it comes to supporting the American people, that's now when they are crying, Well, we're broke, and that's not what the law requires us to do.
Speaker 1Maryland Governor more speaking on CBS Face the Nation.
Two Major League baseball pitchers have been indicted on charges they took bribes to give Sportspeedder's advanced notice on the types of pitches they'd throw.
Emmanuel Class and Luis Ortiz both pitched for the Cleveland Guardians.
They are accused of intentionally tossing balls instead of strikes.
To ensure successful bets.
Earlier today, class and Ortes were charged with fraud, conspiracy, and bribery.
Now prosecutor say Ortes was arrested Sunday morning in Boston and he will appear in court on Monday.
Class A is not yet in custody.
President Trump is suggesting most Americans may receive a tariff dividend of at least two thousand dollars, and today US Treasury Secretary Scott Besson said the president's suggestion could come through tax cuts passed and the Economic Policy Bill earlier this year.
Appearing this morning on ABC's This Week, Besson said he hadn't spoken to the President about this idea, but the two thousand dollars dividend could come in lots of forms, in lots of ways.
Speaker 5It could be just the tax decreases that we are seeing on the President's agenda.
You know, no tax on tips, no tax on overtime, no tax on solid security, deductibility of auto loans, so you know, those are substantial deductions that are being financed in the tax bill.
Speaker 1Treasury Secretary Scott Besson, speaking on ABC's This Week for the first time in more than eighty years, a Syrian leader is coming to the White House.
Bloomberg's Nathan Hager has a preview from Washington.
Speaker 6Syrian President Akhmed al Sharah will meet with President Trump on Monday, less than a year after the one time Islamist rebel overthrow Bashar al Assad's dictatorship.
This will be Shara's second meeting with the President.
The first in Saudi Arabia in May led to a promise to lift US sanctions.
Sharraz hoping to secure more relief this week and to get more US help against Israeli incursions into Syria as President Trump hopes to bring Syria into the Abraham Accord and normalize relations with Israel.
In Washington, I'm Nathan Hager, Bloomberg Radio.
Speaker 1Earlier today, Blue Origin delayed a planned second flight of its New Glen rocket.
The Jeff Bezos backed space company cited weather conditions and unspecified issues with ground equipment.
It's unclear when the company will reattempt the flight.
As a result of the government shutdown, the FAA last week issued an emergency directive banning commercial launches and re entries during a time window in which a backup launch of New Glen was planned.
Now a successful flight would put Blue Origin back on track to challenge the grip that Elon Musk's SpaceX company has on the rocket business.
And that is news when you want it with Bloomberg News.
Now, I'm Doug Prisoner and this is Bloomberg
