#美国政府停摆 The U.S. government may be reopening, as the Democrats have finally compromised. The long-slumping U.S. stock market has finally stopped its decline.
The sticking point for both parties has been the government budget, with Republicans wanting to pass the budget bill quickly. However, the Democrats insisted that if they were to pass it, they would also need to extend the Affordable Care Act's enhanced subsidies and restore health care benefits for legal immigrants, and these provisions would have to be included in the budget appropriation bill.
When the Republicans heard this, they exploded with anger; that was definitely not acceptable.
Thus, the two parties got into a standoff. The Democrats thought that since the Republicans are currently in power, they should be the most anxious about the government being out of money. However, to their surprise, Trump was not anxious at all. He firmly stated that he would hold his ground until the end and that any problems should be blamed on the Democrats, not on him.
Eventually, the Democrats couldn't hold out any longer. Yesterday, Democratic leader Chuck Schumer proposed a new plan that would separate the health care extension from the budget bill; these two issues would be handled separately, but they would have to agree to extend the tax credits for the Affordable Care Act for one more year. #我要上热门
Although the Republicans still outright rejected this, there is likely still room for negotiation. After all, 40 million federal employees haven't been paid for over a month. #美国失业率
If the U.S. government doesn't reopen soon, the market is highly likely to experience a sharp recession, as money is only being collected and not distributed, leading to a severe cash shortage in the market, and the entire stock market may lose confidence.
Therefore, the two parties are likely to continue negotiations for another session or two, and the Republicans may just back down a bit, predicting that they will probably open up next week. $BNB #加密市场回调 $FIL #美国4月CPI数据回落 $FLUX