Government Shutdown & Negotiation - Top Republican and Democratic lawmakers are meeting with the president to discuss avoiding a government shutdown [1] - The White House wants Democrats to commit to a clean Continuing Resolution (CR) [2] - Democrats are demanding provisions on healthcare, specifically extending Affordable Care Act premium tax credits [4] - Senate Democrat leader Chuck Schumer views the meeting as only a first step [3] Healthcare & Tax Credits - Over 20 million Americans could see their insurance costs rise roughly 75% if the premium tax credits are not extended [4] - Permanently extending the premium tax credits could add $350 billion to the deficit [5] - Some Republicans, like Congressman Chip Roy, oppose extending the tax credits, calling them inflationary subsidies [5] - Senate Majority Leader John Thune suggests addressing premium tax credits after government funding is resolved [5] White House Spending & Congressional Approval - Democrats are questioning whether the White House is spending money already approved by Congress [6][7] - The White House's spending decisions are undermining negotiations and agreements [7] - Republicans have historically been hesitant to prevent the president from controlling spending [8]
President Trump to meet with congressional leaders
CNBC Televisionยท2025-09-29 16:42