MNI POLITICAL RISK ANALYSIS - US Daily Brief 10-02-23

Executive Summary:

• Republicans have identified potential government spending reductions as the political battle over Social Security and Medicare intensifies.
• Senate Minority Leader Mitch McConnell (R-KY) has hit back at a persistent White House claim that Senator Rick Scott's (R-FL) plan to "sunset" Social Security representatives a broader GOP threat to entitlements: “That was the Scott plan. That’s not a Republican plan… I mean it’s just a bad idea."
• US President Joe Biden will meet Brazilian President Luiz Inacio "Lula" da Silva at the White House today. The two leaders are expected to make progress on climate, the Amazon, and denouncing right-wing populism, but struggle to reach an agreement on Ukraine.
• Former Vice President Mike Pence has been subpoenaed by the Justice Department.
• House Democrats have introduced a resolution to expel Rep. George Santos (R-NY) from Congress.
• President Biden has deflected blame for the improper storage of classified government documents and fuelled speculation that he may be preparing a trip to Poland.
• Senator John Fetterman’s (D-PA) team says he did not have another stroke after being admitted to hospital with light-headedness.
• The Biden Administration is exploring measures against Chinese entities connected with the "spy balloon" as the House passes an unanimous resolution condemning the CCP's "brazen violation of United States sovereignty."
• Poll of the Day: Former President Donald Trump continues to strengthen in his bid to take the 2024 Republican party presidential nomination.

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MNI POLITICAL RISK ANALYSIS - US Daily Brief 10-02-23 .pdf