MNI POLITICAL RISK ANALYSIS - US Daily Brief 30-03-23

Executive Summary:

• House Republicans may be stepping back from their ambitious debt ceiling objectives as momentum gathers for a short-term solution to prevent a default.
• Senator Joe Manchin (D-WV) has escalated criticism of the Biden administration’s implementation of Inflation Reduction Act.
• House Republicans are expected to pass their flagship energy legislation HR1 this week.
• Senator John Fetterman (D-PA) is expected to return to the Senate late April after receiving treatment for clinical depression.
• Former Vice President Mike Pence, a likely candidate for president in 2024, has staked out a position on Ukraine firmly opposed to the Ukraine-sceptic isolationism of former President Donald Trump and Florida Governor Ron DeSantis (R-FL).
• The White House has downplayed tensions with Israel after reports that private messages from President Biden may have convinced Prime Minister Benjamin Netanyahu to put the brakes on his judicial reform plan.
• The White House has warned China not to use a US 'transit' from Taiwanese President Tsai ing-Wen "as a pretext to step up aggressive activity around the Taiwan Strait."
• Poll of the Day: Americans are increasingly concerned that tensions between China and Taiwan are a problem for the US.

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MNI POLITICAL RISK ANALYSIS - US Daily Brief 30-03-23 .pdf