Zero Hedge
0
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

Senate Republicans Cancel First Two Weeks Of August Recess To Work On Legislation

It just got serious.

With Trump buried in domestic scandals, it was virtually certain that in the handful of days left before Congress takes its summer recess, there was zero chance that either Obamacare repeal or Trump's tax plan could make any headway in the Senate, prompting many to ask if the Senate would cancel or at least delay its summer break.

Moments ago, Senate GOP leader Mitch McConnell announced the latter, when he said that he would cancel the first two weeks of August recess, delaying it to the third week of August, to give more time to complete action on outstanding legislation.

“In order to provide more time to complete action on important legislative items and process nominees that have been stalled by a lack of cooperation from our friends across the aisle, the Senate will delay the start of the August recess until the third week of August,” Senate Majority Leader Mitch McConnell says in statement.

His full statement below.

Of course, even with the cancelation, it is not clear - and certainly not assured - that any legislation will pass a Senate that it not only hopelessly divided by partisan lines, but where the Republican party is increasingly more split.