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MNI POLITICAL RISK - Senate To Move First With Funding Stopgap

US
  • Just over a week out from a government shutdown, the Senate appears set to move first on a stopgap Continuing Resolution as the House struggles to reach consensus on how to proceed without provoking another mutiny from conservatives.
  • The House, the Senate, and the White House are all pushing in different directions and, although the baseline scenario is that Congress will manage to avoid a shutdown, President Biden’s USD$106b nationals security supplemental funding request is an additional risk factor to a shutdown.
  • House Speaker Mike Johnson’s (R-LA) early legislative progress has hit a speedhump as he attempts to move the five outstanding FY24 spending bills.
  • President Biden is expected to meet Chinese President Xi Jinping on November 15 amid continued signs of a thaw between Beijing and Washington.
  • President Biden will travel to Illinois today to take a victory lap with United Auto Workers. The White House will be hoping that UAW boss Shawn Fain will use today’s event to publicly endorse Biden’s re-election bid.
  • The third Republican presidential debate provided little evidence that former President Donald Trump’s huge lead can be bridged.
  • Democrat strategists are increasingly confident that abortion will tip the political environment in favour of Democrats in 2024.
  • Poll of the Day: Democrat support for Biden's handling of Israel drops.
Full article: US Daily Brief

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