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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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Axios has published areportshowing, “Nearly two-thirds of Americans — including half of Democrats — back work requirements for Medicaid and [SNAP] benefits, as House Republicans want in a debt limit deal.”
- The findings may undermine the position of progressive Democrats who are calling on the White House to pursue a unilateral strategy, invoking the 14th Amendment, to raise the debt limit and avoid signing off a Republican-leaning bipartisan deal.
- WaPo reports that Rep. Pramila Jayapal (D-WA), chair of Congressional Progressive Caucus, said yesterday the vast majority of its members supported invoking the 14th Amendment rather than making concessions to Republicans.
- Senator Bernie Sanders (I-VT) said: “Use the 14th Amendment. That’s the solution to this crisis. You do not, at this moment in history, balance the budget, if you like, on the backs of the most vulnerable people."
- The White House has studied the 14th Amendment strategy but are reportedly “deeply uneasy" about its legality.
Figure 1: “Share who say they support requiring Medicaid or SNAP benefit recipients to show proof of work to receive benefits.”
Source: Axios-Ipsos
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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