US shutdown deal by February 15 is possible
Significance President Donald Trump wants to use DHS money to build a wall on the US-Mexico border to improve security and tackle crime. Yet Democrats say a wall is ineffective and ‘immoral’, partly as they disagree with Trump that there is any border crime or security crisis or emergency. This disagreement caused the longest federal government shutdown in history (35 days), which ended when Trump signed a Continuing Resolution to fund the government to midnight on February 15-16. Impacts Federal workers (but not contractors) will be fully reimbursed, benefitting consumption, and social spending will resume. Recently re-elected House Speaker Nancy Pelosi’s leadership acumen will be further boosted among House Democrats. Trump will likely give his State of the Union Address to Congress on February 5, where he can bolster his political capital.