This Week on Washington Week: President Trump signs two-year budget deal after wild week on Wall Street
On this week’s Washington Week: A short government shutdown ended after President Donald Trump signed a two-year budget deal early Friday morning, and the clock ticks down on the March 5th deadline to end protections for DREAMers. Plus, more White House personnel problems and a wild week on Wall Street.
The new spending pact adds more than $400 billion in federal spending, including a boost in defense funding wanted by Republicans and the equal increase in domestic expenditures demanded by Democrats. Senate Majority Leader Mitch McConnell (R-Ky.) hailed the agreement as the beginning of a new age of bipartisanship. But in the House there was a lack of support from conservative Republicans concerned about the expanding deficit and Democrats who are divided on backing a deal that does not provide a path forward on immigration.
House Minority Leader Nancy Pelosi (D-Calif.) called for action on immigration during a record-breaking eight hour speech on the House floor on Wednesdaycalling on fellow Democrats to vote against the budget deal. Pelosi is calling for House Speaker Paul Ryan (R-Wis.) to guarantee a vote in the House on the fate of DREAMers before the more than 800,000 undocumented immigrants lose their protections on March 5th.
Meanwhile, the White House is embroiled in another personnel crisis. White House Staff Secretary Rob Porter stepped down after two ex-wives went public with allegations he abused them. White House Chief of Staff John Kelly is facing mounting criticism for dismissing the allegations when he was made aware last November and his decision to allow Porter to continue his employment without a full security clearance.
Robert Costa discusses it all and tries to make sense of a tumultuous week on Wall Street with:
Peter Baker of The New York Times
Kristen Welker of NBC News
Kelsey Snell of NPR
Kayla Tausche of CNBC