Instant Reaction: Trump-Backed Funding Plan Fails
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 20 December 2024
⏱️ 10 minutes
🧾️ Download transcript
Summary
The Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursday with just over 24 hours to go before a US government shutdown, capping an extraordinary two days in Washington that tested the limits of the incoming president’s power. For instant reaction and analysis, host Doug Krizner spoke with Bloomberg Capitol Influence deputy team leader Mike Dorning.
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| 1:07.1 | From Bloomberg World Headquarters in New York, I'm Doug Krisner with special coverage of the U.S. House vote on a stopgap funding bill to avert a government shutdown. |
| 1:16.1 | This bill has just been defeated after more than 30 Republicans voted against it. |
| 1:22.0 | Government funding will now lapse Friday night without congressional action. |
| 1:26.4 | By the way, this bill did include a suspension of the |
| 1:28.8 | federal debt limit for two years, and it did have the support of President-elect Trump. |
| 1:34.4 | For a closer look now, let's bring in Bloomberg's Mike Dorning. He covers Congress for us |
| 1:38.6 | from our Bureau in Washington, D.C. Mike, was this really a surprise, the outcome here? |
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