Red Alert: U.S. Government in Shutdown Mode while Lawmakers Gathered in Hopes

Gold Silver Reports – U.S. Government in Shutdown Mode while Lawmakers Gathered in Hopes – The second year of Donald Trump’s presidency began on Saturday with the U.S. government in shutdown mode while lawmakers gathered in hopes of finding a compromise that would fund federal agencies.

U.S. Government in Shutdown

For the first time since October 2013 – when a similar standoff that lasted 16 days kept only essential agencyoperations running – federalworkers were being told to stay at home or in some cases to work without pay until new funding is approved.

Facing a political crisis that could have an impact on November’s congressional elections, the Republicancontrolled Senate and House of Representatives were holding rare weekend sessions on Saturday.

But House Republicans, who gathered for closed meeting before their open session, were taking a hard line against Democrats, which could point to the possibility of a prolonged standoff.

The government had been running on three consecutive temporary funding bills since the new fiscal year began in October.

One senior House Republican, Greg Walden, told reporters the government would have to be reopened before discussions could advance on immigration – a main sticking point that led to the impasse.

Democrats’ demand of securing permanent legal protections for 700,000 young, undocumented immigrants as a condition for new government funding, Walden said, was “hostage taking in its worse form.”

Democrats counter that they have been pleading with Republicans for months to approve the immigration measure as a stand-alone bill and were rebuffed.

Read More: Silver Futures Major Report By Neal Bhai, January 20, 2018

One idea being floated by Republicans was to renew government fundingthrough Feb. 8 to end the shutdown, while working to resolve other issues, ranging from immigration, military and non-military spending levels, disaster relief and some healthcare issues.

IMMIGRATION HURDLE

The partial government shutdown was triggered at midnight on Friday when the Senate failed to agree to a House-passed bill to fund the government through Feb. 16. It lacked immigration measures that Democrats insisted upon and also drew some Republican opposition.

Despite tough words from some House Republicans, others were providing conflicting messages.

Marc Short, the White House legislative affairs director, told reporters on Capitol Hill: ”We are anxious to get a resolution on DACA.”

He was referring to the DeferredAction for Childhood Arrivals program that former President Barack-Obama created and Trump ended in September. It was providing protection from deportation for the illegal immigrants brought to the United-States as children and now known as “Dreamers.”

ModerateRepublican Representative Charlie Dent predicted the government shutdown will end only when bipartisan legislation is allowed to advance in Congress, even if it angers conservatives.

“That’s the price of leadership,” he said.

The shutdown began a year to the day after Trump was sworn in as president. His inability to cut a deal despite having a Republican majority in both houses of Congress marks arguably the most debilitating setback for his administration.

In Twitter posts early on Saturday, Trump blamed Democratic lawmakers. – Neal Bhai Reports

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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