Schumer, Dems Offer Proposal to Reopen Government

Video Description

Senate minority leader Chuck Schumer offered a proposal to end the government shutdown that asks Republicans to back expiring affordable care act subsidies for one year in exchange for Democrat votes on a continuing resolution to temporarily fund the government. Senate Democrats on Friday pared back their demands to end the US government shutdown but are insisting on a one-year extension of expiring health care subsidies in exchange for their votes on a temporary spending bill.  The Affordable Care Act subsidies have been at the center of the debate during the 38-day shutdown, the longest in US history, and the continued stalemate over the issue suggests the two sides remain apart.  Senate Democratic leader Chuck Schumer called it a “simple compromise” and a “reasonable offer.”  “The Senate could do this within a few hours,” Schumer said on the floor. But Senator Steve Daines, a Montana Republican with close ties to leadership, said the GOP would reject the deal.  “No we’re not going to do that,” Daines said on Fox News. “Look, we’ve said open up the government.” -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake