Trumponomics Will Musk Trigger a Government Shutdown?
19 snips
Feb 26, 2025 Joshua Green, a national correspondent for Bloomberg Businessweek and author of the bestseller Devil's Bargain, teams up with Laura Davison, Bloomberg's White House editor focused on tax policy. They discuss the looming threat of a government shutdown and how Elon Musk's controversial influence complicates Republican negotiations. The conversation dives into financial transparency concerns linked to federal contracts and the intriguing intersection of Musk's initiatives with fiscal policy. Tensions rise as Musk pushes for updates from federal workers, adding to the political drama.
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Doge's Impact on Spending Bills
- Republicans are excited about Elon Musk's Doge initiative, but it may cause problems.
- Democrats are angered by Doge and may not support crucial spending bills, increasing shutdown risk.
Democrats' Dilemma
- Democrats face pressure not to enable Trump and Republicans, given Doge's actions.
- Their low popularity makes it difficult to support deals with Republicans, increasing shutdown likelihood.
2018-2019 Shutdown Example
- During the 2018-2019 government shutdown, Republicans initially downplayed its impact.
- Public backlash eventually forced Trump to reopen the government without securing border wall funding.
