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Chuck Schumer and Nancy Pelosi. Photo: Tom Williams/CQ Roll Call

Even before President Trump's shutdown remarks on Saturday, Democrats and aides on the Hill were dismissing his planned shutdown compromise offer as inadequate.

As first reported by Axios, Trump was expected to make two offers to Democrats in exchange for $5.7 billion in funds for a border wall: Extend DACA protections for Dreamers, who were brought to the U.S. illegally as children, and extend the legal status of Temporary Protected Status (TPS) holders. Half an hour before the speech, House Speaker Nancy Pelosi said in a statement: "Unfortunately, initial reports make clear that his proposal is a compilation of several previously rejected initiatives, each of which is unacceptable and in total, do not represent a good faith effort to restore certainty to people's lives."

Democratic Whip Dick Durbin also issued a statement:

"First, President Trump and Senate Majority Leader McConnell must open the government today.  Second, I cannot support the proposed offer as reported and do not believe it can pass the Senate. Third, I am ready to sit down at any time after the government is opened and work to resolve all outstanding issues."
— Sen. Dick Durbin (D-Ill.)

A Democratic aide told Axios: "Dems were not consulted on this and have rejected similar overtures previously."

  • "The BRIDGE Act does not fully protect Dreamers and is not a permanent solution."
  • "This is not a compromise as it includes the same wasteful, ineffective $5.7 billion wall demand that shut down the government in the first place."
  • "This cannot pass the House or Senate."
  • "The President must agree to re-open government and join Democrats to negotiate on border security measures that work and not an expensive and ineffective wall that the President promised Mexico would pay for."

What we're watching: Whether any moderate Democrats break ranks and ask their leaders to reconsider.

Be smart: The risk Democrats face, especially moderates, is that the deal may seem appealing or reasonable to many independents who voted for them.

Go deeper: Trump expected to propose DACA-TPS immigration compromise

Go deeper

Janet Yellen is back

Photo illustration: Sarah Grillo/Axios. Photo: Hannelore Foerster/Getty Images

A face familiar to Wall Street is back as a central player that this time will need to steer the country out of a deep economic crisis.

Driving the news: President-elect Joe Biden is preparing to nominate former Fed chair Janet Yellen to be Treasury secretary.

Mike Allen, author of AM
32 mins ago - Politics & Policy

Charles Koch: "I screwed up"

In his first on-camera interview in four years, Charles Koch told "Axios on HBO" that he "screwed up by being partisan," rather than approaching his network's big-spending political action in a more nonpartisan way.

Why it matters: Koch — chairman and CEO of Koch Industries, which Forbes yesterday designated as America's largest private company — has been the left's favorite face of big-spending political action.

Caitlin Owens, author of Vitals
2 hours ago - Health

What overwhelmed hospitals look like

A healthcare professional suits up to enter a COVID-19 patient's room in the ICU at Van Wert County Hospital in Ohio. Photo: Megan Jelinger/AFP

Utah doctors are doing what they say is the equivalent of rationing care. Intensive care beds in Minnesota are nearly full. And the country overall continues to break hospitalization records — all as millions of Americans travel to spend Thanksgiving with friends and family.

Why it matters: America's health care workers are exhausted, and the sickest coronavirus patients aren't receiving the kind of care that could make the difference between living and dying.