TRP’s Jason Rosenstock Comments on the Debt Ceiling in Politico

This morning's "Morning Money" piece from Politico featured comments from Thorn Run’s Jason Rosenstock, who offers his take on the current state of play between both parties on the debt limit. “Democrats whose history under the Gephardt Rule shows they never wanted to make this a public issue, and who are tired of having to supply the votes and the campaign fodder for Republicans, have almost no incentive to bail out the GOP majority,” noted Rosenstock. “Republicans, in control of all three branches of Government for the first time during one of these crises, know that they can’t escape the blame for any repercussions from the stock market for failing to raise the debt limit. While few are publicly talking about it, the stars may be aligning so that this next extension is the final time Congress deals with this issue.”

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Health Policy Report

The Week in Review

Washington was abuzz as Congress returned from the Memorial Day recess with big-ticket items on its schedule. Namely, this included a House floor vote on a bill to revamp the nation’s financial regulations and the highly-anticipated testimony of former FBI Director James Comey in the Senate Intelligence Committee.

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Today on the Hill: Comey Hearing Headlines Big Day in Washington

A big day in Washington will be marked by the highly-anticipated Senate Intelligence Committee hearing this morning featuring remarks from former Federal Bureau of Investigation (FBI) James Comey. Comey has been asked to testify on his interactions with the President, particularly those related to the Bureau’s investigation of ties between the Trump campaign and Russian government, which has been alleged to be the reason that the President decided to fire Comey last month. The Committee released Comey’s written testimony yesterday, providing details on his interactions with the President and detailing President Trump’s apparent request for “loyalty” from the former FBI Director. Some Democrats have suggested that the request, along with asking Comey to ease the probe on former National Security Agency advisor Mike Flynn, could constitute obstruction of justice – but Comey will reportedly stop short of making that allegation in today’s panel session. In short, today may be more about spectacle than substance, but nevertheless, it will be sure to dominate conversations on Capitol Hill.

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Health Policy Report

The Week in Review

With Congress on recess, the Trump administration took the biggest action of the week in Washington by announcing their intention to withdraw the United States from the Paris Agreement on climate change. The Agreement, signed by nearly every nation on Earth, set out voluntary carbon emissions standards to be met in order to prevent global temperatures from rising more than 2 degrees Celsius from pre-industrial levels. In announcing the decision to withdraw, President Trump cited unfairness in the American targets compared to India and China, as well as U.S. contributions to the United Nations’ Green Climate Fund, which is intended to help developing countries invest in environmentally-friendly technologies as they industrialize. Other major signatories, including France, Germany, China, and Russia, have all suggested that they will remain in the Agreement and intend to meet their emissions targets. A handful of U.S. states with Democratic governors have also pledged that they will maintain their commitment to the Agreement’s conditions.  

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