Jan 18, 2018

Senate Democrats confident they can stop the spending bill

Senate Minority Leader Chuck Schumer. Photo by Tasos Katopodis/Getty Images

Senate Democrats are confident they have the votes to oppose the Republican short-term spending bill to keep the government open while broader negotiations continue, according to four Democratic aides who spoke with Axios.

Why it matters: Democrats' opposition reflects their growing unwillingness to capitulate to Republicans who aren't giving them what they want — namely signing off on their bipartisan DACA deal from last week — even if it means causing a government shutdown.

Politico, which first reported the Democrats' confidence on this, quoted a Democratic senator saying: “I am convinced that between Republicans who publicly said they’re [voting] no and Democrats who said they’re a ‘no,’ there are not enough votes in this chamber” to pass the House plan.

What to watch: The blame game. If they're successful, Republicans will paint Democrats as the "shutdown party," even though the GOP controls both the House and the Senate. And Democrats will blame Republicans who removed immigration provisions from the spending bill and instead used children's healthcare as a way to gain votes.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 2:30 p.m. ET: 1,506,936 — Total deaths: 90,057 — Total recoveries: 340,112Map.
  2. U.S.: Total confirmed cases as of 2:30 p.m. ET: 432,596 — Total deaths: 14,831 — Total recoveries: 24,235Map.
  3. Federal government latest: President Trump is preparing to launch a second coronavirus task force focused on reviving the U.S. economy.
  4. Public health latest: U.S. has expelled thousands of migrants under coronavirus public health orderDr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  5. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — Another 6.6 million jobless claims were filed last week.
  6. World update: Boris Johnson is moved out of ICU but remains in hospital with coronavirus
  7. 🎧 Podcast: Your hydroxychloroquine questions answered.
  8. What should I do? Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Boris Johnson moved out of ICU but remains in hospital with coronavirus

Johnson last December. Photo: Kate Green/Anadolu Agency via Getty Images

U.K. Prime Minister Boris Johnson has been moved out of intensive care but is continuing to be monitored at St. Thomas' Hospital in London, according to a Downing Street spokesperson.

Why it matters: It's a sign of improvement after Johnson spent three nights in intensive care for coronavirus. Foreign Secretary Dominic Raab remains in charge of the government.

Go deeperArrow14 mins ago - World

A pause button for debts

Illustration: Aïda Amer/Axios

Governments have forcibly put much of the U.S. and the global economy on pause in recent weeks, for very good reason. Factories, offices, sporting arenas, restaurants, airports and myriad other institutions have closed down. But one thing hasn't been paused: monthly debt-service obligations.

The big picture: The less movement and activity there is in an economy, the more the coronavirus curve is flattened. But the obligations in bond and loan contracts can't be paused. That's worrying CEOs who fear a wave of business failures if economic activity doesn't pick up next month.