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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessGovernment Funding Might Derail Build Back Better
Senate Majority Leader Chuck Schumer (D-NY) and Senate Minority Leader Mitch McConnell (R-KY) have today spoken on their respective positions on government spending.
- Schumer: 'We very much want to get an omnibus done. We're all on the same page, and we're awaiting what the Republican counteroffer will be.'
- Schumer is under immense pressure to reach an agreement with the GOP on topline spending. The GOP is concerned with overweight non-defence spending in the Democrat proposal.
- It is likely that McConnell will use the tight government funding deadline (Feb 18) to apply pressure on Democrat plans to resuscitate BBB.
- McConnell on BBB: 'Washington Democrats are trying again to revive talk of yet another another reckless bout of spending this year. American families are already hurting enough and they need that bad idea to stay buried.'
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.