MNI POLITICAL RISK ANALYSIS - US Daily Brief 30-05-23

Executive Summary:

• The White House and House Republicans yesterday released the final text of a 99-page bill to cut government spending and raise the federal debt limit.
• The next task for House Republicans will be convincing hardline conservatives in the House Rules Committee to bring the bill to the House floor.
• The centrist New Democrat Coalition has formally thrown the support of the group behind the bill, a move likely to cancel out any Republican defections and help push the bill across the line.
• US Secretary of State Antony Blinken will meet with Swedish Prime Minister Ulf Kristersson today ahead of the U.S.-EU Trade and Technology Council where Biden administration officials will press the EU on taking a harder line on China.
• China continues to stonewall US requests for a meeting between US Defense Secretary Lloyd Austin and his Chinese counterpart, Li Shangfu, at this week’s Shangri La Security Dialogue in Singapore.
• Turkish President Recep Erdogan’s re-election over the weekend has raised hopes that Ankara will drop its blockade on Sweden’s NATO bid.
• Poll of the Day: The Republican primary has swung dramatically towards former President Donald Trump during 2023.

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MNI POLITICAL RISK ANALYSIS - US Daily Brief 30-05-23 .pdf