MNI POLITICAL RISK-GOP In Healthcare Fight As Congress Leaves
Dec-18 13:23By: Tom Lake
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Executive summary:
- In an end-of-year address to the nation, President Donald Trump defended the first 11 months of his second term in office. Comes ahead of a second address in a week on 'affordability' tomorrow in North Carolina.
- While not at the forefront of focus for the markets, the Congressional battle over healthcare (that is concluded for 2025 at least) is likely to remain one of the most salient political issues in Washington, D.C., ahead of the 2026 midterm elections. On the evening of 17 December, the House passed the GOP leadership’s healthcare package that, crucially, did not contain any extension of premium subsidies under the Affordable Care Act.
- Republican leaders in the Senate managed to win the backing of those senators who had stood against advancing a five-bill ‘minibus’ federal government spending package earlier in the week. Senate Minority Leader Chuck Schumer (D-NY) said that “we’d like to get an appropriations bill done. That’s a Jan. 30 deadline … We’re trying to work with the Republicans to get it done.”
- Poll of the Day: Polling from Quinnipiac shows broad opposition to the prospect of the US becoming involved in any form of ground invasion or military action within Venezuela itself. Among all registered voters, 63% oppose this prospect, with 25% in favour.
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