'Government shutdown is not in anyone's best interest': Representative Marc Molinaro (R-NY)

The effort to avert a government shutdown is coming down to the wire, with the October 1 deadline around the corner. While a bipartisan effort was made in the Senate, House Republicans swiftly rejected any notion of putting that bill to a vote on the floor. Questions have arisen as to what other possibilities are left to avoid a government shutdown. Representative Marc Molinaro (R-NY) joins Yahoo Finance anchors Julie Hyman and Josh Lipton to explain what is going on in the halls of Congress that is preventing progress to avert a potentially dangerous shutdown. Molinaro explains that part of the Republican hold out is to rein in federal spending from the Democrats, saying the "only way we can finish putting forward this responsible plan for reigning in federal spending is to include a short-term funding opportunity to keep the government functioning while we focus also aggressively on border security." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Видео 'Government shutdown is not in anyone's best interest': Representative Marc Molinaro (R-NY) канала Yahoo Finance