annmarie: thanks for joining us. we also had this injection from the pboc of liquidity into the market. i'm wondering to what degree that is acting as a soothing agent. the chinese benchmark index not dropping as severely as you might expect. >> it was an important signal. it was not that it was not an aggressive event. it is the fact they did not quite get another net injection after finding liquidity last week. it is saying look, we are not maintaining. we are willing to manage this. the real thing to remember is china has an immense amount of firepower to ease the situation when it wants to. everything about how we analyze this is what the pboc wants to do, not what they can do. we are going to talk later. everyone has been talking about the difference between lehman situation and every other crisis in the west. in china, they have the ability. they just do not have the will. annmarie: what do you make of metals bouncing? mark: that is positivity. there may not be the big economic flow. there is not going to be a

annmarie hordern with an important conversation after the german elections. annmarie: that's right. i am joined by the european commissioner for trade and executive vice president which latticed abrupt skis -- executive vice president, valdis dombrovskis. yesterday you met with chairman powell, you met with secretary yellen. today you are meeting with gina raimondo and trade representative katherine tai. this administration and this meeting you're going to have on monday regarding technology and trade, it was really build on both sides of the atlantic is a new beginning after some thorny trade policies with the former i been us to ration. but do you feel like you are getting -- former administration. but do you feel like you're getting what you need out of this biden adminstration? is it "back?" valdis: good morning. indeed, we are having very intensive engagement with the biden administration and working in many different areas. indeed, america is back, and we saw it in many important initiatives, like the biden administration rejoining the errors agreement, helping to reach intern

annmarie, thank you. annmarie hordern downing washington, d.c. on the -- annmarie hordern down in washington, d.c. on the larry summers piece from earlier this year, there was a was a difference between offering relief to people who need to people who had full-time jobs, and a pool of savings because they weren't able to spend over the last 12 months. it is the latter part of the story that juiced demand into an economy that was supply constrained and fueled the inflation we have had over the last several months. that was ultimately the point larry summers made earlier this year, and we are seeing the consequences of that. it will mean different things to different people, but for people like senator manchin, when they say we are worried about inflation, we can talk about whether he should be or not. the point is this would always take the oxygen out of the room for some people, including the likes of senator manchin. tom: the fractious nature of the democratic party. jonathan: it is not a sickle party, tom. there are no two parties in d.c. tom:

let's get to annmarie hordern. a story in washington came out from the bipartisan policy center, a new piece of analysis on when the debt limit may be breached. october 11 to november 4, is that new? annmarie: we were waiting on that date to know the exact date we reach the debt limit, and this puts congress on call that they need to come to an agreement before october 15. then you really start playing with fire if you have the bipartisan policy center saying this is the range within october 15. we are going to reach that limit and we could go into a technical default or face what we did in 2011, a credit downgrade. this puts a crack timeline on congress. jonathan: you heard from the majority leader. what was he saying? annmarie: he's talking about a framework for tax policy so the house ways and means committee and the senate finance committee agree on the items going forward. it is a framework of those potential tax policies, an agreement between the two. this is all the details we know about this "framework" fro

annmarie: we don't know the exact date. it is an elusive eight within a get if the treasury is going to give an exact date, but it is potentially off by a few days, that could potentially be very dangerous in the sense that if it is too early politically, republicans may say you were just trying to force us to act. but if it is too late, they could find themselves potentially in a tech. so they are keeping it to -- a technical default. so they are keeping it to some date in october. lisa: how much has senator manchin gummed up the works, saying he wants to wait until 2022 to talk about the $3.5 trillion infrastructure? annmarie: this is going to be the biggest showdown between the democratic already. you are seeing and not just from senator manchin, but politico if you moms ago -- politico a few moms ago saying kyrsten sinema said the house needs to vote on bipartisan infrastructure ash a few moments ago saying kyrsten sinema said the house -- a few moments ago saying kyrsten sinema said the house needs to vote on bipartisa

jonathan: in 15 minutes, we will catch up with annmarie hordern. yields on a 10 year, right now, 149 on a 10 year, up four basis points and approaching 150 paid the perfect guest to start this week's coverage, jim caron. what are we doing near 150? jim: good morning. there are a couple things going on. one of the reasons why yields were so low was because the treasury general account had been drawn down. that is technical speak for saying there wasn't a lot of net issuance of treasury over the last couple of months. today, all of that is starting to change. a lot of things are changing leading to higher yields. we will start to get net positive supplies, more positive net supply coming to the markets. that and the fact that we are getting closer to a deal on the deficit. then the question becomes, -- i'm sorry a deal on the infrastructure bill and then the question becomes will it be deficit financed. that is another argument for higher debt into the future. the third point is tapering. the fed has announced aggressively at the fomc that by decembe

jonathan: annmarie, thank you very much. latest news coming out of punch bowl on the debt ceiling debate, that yellen, secretary ellen -- almost called her cherry -- secretary yellen. almost called her chair yellen. how many times have you done that? senate minority leader mitch mcconnell had a phone conversation with secretary yellen on the debt ceiling. if you are a market for to spend right now, we are conditioned by experience. tom: exactly. i have grown up with hysterics in my household over the debt ceiling. you know what, it always gets fixed. i'm like, ok. chair yellen would say no, tom, that is not right. jonathan: keep looking through it. is that your view? tom: my experience is it is there, it will get fixed. lisa: most people in the bond market agree. however, there are disruptions that are real like the amount of debt in terms of the offset of qe because they aren't selling as much, because the debt ceiling hasn't been lifted. there are to call reasons. tom: the wonderful chair yellen would say tom, you are wron

annmarie welcome back. jonathan: thank you, thank you. i did not get that from tom, i get that from you. what was the response down in d.c. and all around this country? annmarie: certainly, and he vehemently, jon, went into his critics about, one, the hasty withdrawal. he says he respectfully disagrees, that even if this was done in june or july, he would have still had the mass flow of individuals to the airport. and then of course he outlined it once again, his withdrawal from afghanistan and why he does think, for the national security interests of the united states, this is the best choice. you have some in d.c. who say this is time to end this war, and they agree this president, but then you have the likes of richard haass, immediately taking to twitter, the ambassador of the atlantic council, talking about there was a third choice the president did not advance, and that was maintaining a small troop base in afghanistan. we had the previous administration of troops and what we had on the ground was just a few thousand, he said this c

annmarie: it is incredibly critical. we should make note that there are different paths of legislation happening right now in congress. first and foremost, what matters for the health of the country, and that is the debt suspension of the debt ceiling, as well as the stopgap funding to keep the government opening and operational. what we saw yesterday, the democrats linking the bills. that sets up a risky fight because republicans say they will not vote for it, so democrats potentially will have to find another way of doing this themselves, which is going to take much more time to get to their 3.5 trillion dollar reconciliation package. tom: what is the power of senator mcconnell of kentucky? annmarie: he was able to round up 46 republican senators. four could potentially still vote for this. one, senator kennedy of louisiana, wants to see what is included in this measure so he could potentially vote yes on a debt limit suspension because his heart hit louisiana from hurricane ida needs that aid. but mcconnell has made i

annmarie: it depends on the issue. when you look at vaccines and covid, that's one of the main issues that drove californians to the polls. also the fact that they staked this recall with governor newsom on the fact that if you don't vote for newsom, you will have a "trump clone." it will be interesting to see if that's the same strategy they will use in the midterm election. on the pandemic, the polls are starting to shift toward the president's favor. three out of five was the political poll last week, americans agree with vaccine mandates. the president will meet with executives of microsoft and walgreens to implement vaccine mandates. in that direction potentially, yes. infrastructure, it remains to be seen. tom: the modern majority of governor newsom and all of that, fold it into the task of modern democrats. are they the majority? annmarie: the moderate democrats hold a lot of power because it has really come down to the senate, where every senator has an immense amount of power especially when it comes to voting

annmarie: the house does have moderates that are not happy. at the end of the day, it does not mean progressives like all of it, but it would to a budget and it will be the senate to do the markups. when you look at the moderates in the house, there is still no agreement yet over when this will happen, where it will be in legislation in terms of salt taxes. there are a lot of differences of opinion in the senate when it comes to moderate progressives, especially on taxes. this will be a big topic for the sunday show because the president is trying to drive home $3.5 trillion worth of spending to get everything done he wants to get onto reinvent the economy. tom: lisa, call me on back channels, please. lisa: i will send it through the tubes. tom talks about the back channels and makes some noise. i don't want to know what that was. but i do want to ask you, annmarie, about the likelihood the $550 billion bipartisan infrastructure bill could get torpedoed in this push and pull of the $3.5 trillion plan that joe manchin wants to see down to $1.5

annmarie hordern is on the hill about the debt limit. bloomberg's helen robertson is keeping her eye on the fuel shortage in the u.k. we want to begin with the market technicals. it has been a very difficult couple of days. is that cap bouncing, or no? abigail: hard to say, but lots of choppy action. we can see that with the russell 2000. you can see that earlier this week, there had been a big update with the reopening trade hot as yields were rising. that hit tech a little bit on monday. yesterday, that reflation trade selling off or to small caps. net-net, down 0.5%. we don't really have a bounce here yet on the week, at least for small-cap. relative to big caps, going to the bloomberg terminal and take a look at what is happening for the s&p 500. a very important technical test, when that happened about a year ago, when you had the s&p 500 go below its 50 day moving average, hit the 100 day moving average, and then retest. that proved to be a successful test into this year's rally. this year we had something very similar not to long

bloomberg's annmarie hordern joining us. let's dig deeper into that third prong, the debt ceiling, with former chief economist of u.s. economic development, joe minarik. in terms of budget, it is a band-aid, assuming it gets done. how does that conversation evolve? joseph: you know, we have been doing this year after year for a long, long time. the last time we ever actually passed all of our appropriations bills on time goes back to the 1990's. it is unfortunate in that if you cannot come to an agreement on real appropriations bills, put together these omnibus bills following a series of continuing resolutions. that means you did not have full oversight, you do not have the opportunity for programmer form. it is not a way to run a railroad, but it is the way this railroad has been run for a while now. alix: that is a good analogy. it has stayed somewhat on track for a bit. let's move to the debt ceiling. you could argue it is the same thing except for 2011. we wait until the last second, the ceiling always gets raised. is t

annmarie hordern is on the hill. annmarie: we finally have what has really been known as the x day. what is the gate between mid-october and early november when the u.s. would hit that ceiling and potentially risk a technical default? treasury secretary janet yellen, in a letter to congressional leadership today, thing that is october 18. now things are going to get very difficult. we had the senate yesterday vote down the republican rejection of that stopgap funding measure linked to debt ceiling suspension. this means democrats likely are going to be the ones that have to cave, but to actually reach this and suspend the debt limit, it could be about a two week process, so it gives us just a few days of wiggle room before october 18. they need to go back to the budget resolution framework, and by reconciliation, the process they are also using for that 3.5 trillion dollar package, via that same process to avoid a filibuster, they would have to do a democrat only bill to suspend the debt ceiling. that means we are going to have senate debates potentially, all night long vote aroma -

general a simply, bloomberg's annmarie hordern. president biden speaking a few moments ago, announcing a doubling on the u.s. climate funding pledge. this as world leaders prepare for the climate summit that kicks off november in glasgow. here to talk about the most significant climate agreement is alok sharma, cop26 president. they just announced that the u.s. will double their commitment to climate funding. president boris johnson -- prime mr. boris johnson saying earlier in the day that we are nowhere near enough in terms of meeting the pledge of 100 billion dollars. can you talk me through the math? where are we now that president biden has made that commitment? alok: i think recognizing the fact that collectively, developed nations have to deliver on this $100 billion a year figure which was promised back in 2009, the developed countries said that every year, $100 billion would be mobilized. so this does provide a boost, and i think it will act as an un-blocker in terms of some of the conversations going on, and i hope it prov

annmarie: there is a lot this administration is trying to get done. first on the list is avoiding a government shutdown, which would happen at 12:00 on friday. speaking on the senate floor, senator schumer said they would move in action on that. this would be more of a clean bill and would not include the debt ceiling which has become controversial between the two sides. potentially that gets dealt with today. then senator schumer said they would not go through reconciliation to avoid the debt ceiling drama. republicans -- democrats are urging them to do this bipartisan or at least allow a simple majority vote in the senate. right now the republicans say no. those are the first things. the second is tomorrow they're supposed to be a vote on the heart infrastructure bill. -- progressives in the democratic party are saying they can tank that bill because they do not see enough being done on reconciliation. the people who have the keys to unlock the negotiation are the two moderate senators, senator manchin from west virginia and senator kyrsten sinema o

. ♪ annmarie: good afternoon from downtown washington. for tv and radio audiences worldwide, welcome to balance of power. i am and reorder alongside job -- i am annmarie hordern alongside joe mathieu in for david westin. will hear the president speak on ida. he is about 30 minutes late. joe: we'll hear from the president momentarily. the storm does speak to the unpredictability of the job. that is why it is the hardest job in the world. you're dealing with the withdrawal from afghanistan and then mother nature strikes. the president will be speaking to a lot of people in difficult situations. annmarie: very grim in louisiana. millions out of power.

thank you very much, indeed, bloomberg's annmarie hordern aren't turning us in d.c. -- annmarie hordern joining us in d.c. --underway at the moment. the suggestion is if you are coming out of the eu were and are fully vaccinated -- and we need to define what that is -- the u.s. has not, as i understand it, fully accepted astrazeneca at this stage, but it looks like you guys will be accepting fully vaccinated travelers to be able to allowed to be arriving in the u.s. a huge step. alix: this is what we have been waiting for, or europe and the u.k. have been. we did not get that summer boost for tourism. you can see that american airlines now the best performing stock at the s&p -- on the s&p. i have the birthday wine on my desk. guy: i look forward to that. i hope it is a big bottle. i wonder if there is something with the submarine story. the french are a little ticked off. i read over the weekend that one of the things the west -- the u.s. could do to reduce the temperature would be to reduce travel rules. alix: i am glad that the data is scientific and not politics. guy: cate faddis of

annmarie hordern joining us as we keep track of what is happening in d.c. is the final day of september, often volatile, often providing an opportunity for selling. it has been an interesting quarter as we progress through that as well. abigail doolittle is looking for markets today. abigail: it is really interesting this quarter, this month, today. we are looking at solid gains, even with yields rising on the quarter. it is a mixed picture because of september. where we do have gains on the quarter, the s&p 500 and the nasdaq, both of these indexes up for a sixth quarter in a row. not so bad. interestingly, the dow down 0.4% , its first down quarter since the pandemic marched down -- pandemic march down quarter. the russell 2000 down 3.5%. that is often considered to be a leading index. when you see small caps rolling over like that, that could be a worrisome signal for the market. particularly when you put it into the context of risk. we have this golden cross that we talked about a few weeks ago. telling you that there is more likely to be upside momentu

we turned to annmarie hordern. what is on the agenda? annmarie: good afternoon, david. definitely squarely on the agenda is economic and security concerns and how this group, although they will not name china by name, how they will counter climate together. climate change, semiconductors, g5 technology, these other things we are looking out for to see what comes out of the meeting. this is the first in-person meeting of the so-called quad. it is

of power>" i am annmarie hordern alongside joe mathieu in for david westin. what a friday it was. the analyst expectations were all over the place, but the jobs report even missed the lowest. joe: kind of the opposite of last month. the window was so wide it was hard to tell where the number was going to fall. everyone was talking about it a little bit. i was just talking with labor secretary marty walsh. this is a covid story. my worry is ida. the hurricane just blew through and cost anymore miss -- and caused an enormous amount of damage.

to walk us through the implications of this, annmarie hordern, bloomberg's washington correspondent. what are they saying about this reporting? it has been reported widely elsewhere. how -- what are we learning about how the conversation went, or whether there actually was a snow? anne-marie: there was no actual mention of an in person ask. some have said that characterization was not correct. we learned that president biden floated this idea for a meeting. it would be the first time the two would meet face-to-face with biden as president and xi jinping decline this. is this because xi has yet to leave since covid? he has been in china for more than 600 days, the most of any g20 leader, and we know he will not attend next week's u.n. general assembly. there is the potential of whether or not, we don't know, of whether he will show up in rome at the g20. one thing we do know, though, is that the biden administration, similar to the obama administration with regard to foreign policy in china, have a bucket approach. with climate change, we want to make inroads at a deal -- inroads at a

annmarie hordern joining us from d.c. mike, the market seems to be pricing in a benign picture when it comes to taxes. everyone is expecting some pickup but not much, and it will not interrupt the market in terms of the narrative we are seeing at the moment. is that the correct way to approach this, cannot ignore the tax story if i'm looking to build a portfolio right now? mike: we think there's a pretty good chance that taxes are going up, if they get this budget passed and the infrastructure bill they want to get through. they seem to have every intention of wanting to do that. i think the infrastructure bill and the bigger budget is great for the economy but not the stock market because of taxes going up on the corporate level, capital gains, inflows. bottom line for us, it is a lot like 2017. people were skeptical about whether tax cuts would be priced. we were constructive on that you and we thought they would. we think it is the same set up. just this time more on the downside. we think it will happen before year-en

bloomberg's annmarie hordern joining us from d.c. let's turn our attention to wall street. goldman sachs is set to beginning a new cfo. stephen share going to be replaced. joining us with the details, wall street reporter sonali basak. why is he going to be the new cfo? what has this guy got to offer that others don't? what does it signal about the direction of travel like goldman sachs? sonali: musical chairs again at goldman sachs. it is certainly a big deal. when he had come into this position as cfo, it was an early move as david solomon was named as cfo. now dennis coleman, the global head of financing, will be stepping into that role. another investment banking veteran, finance particular. we see goldman really leading in the financing universe. i also want to mention another big move, beth hammock stepping into dennis' role. it is unclear according to my sources whether she will be remaining as chair of the treasury borrowing advisory committee, the treasury's bond whisperers. she's a very important person in the market, and certainly at goldman sachs taking a new ro

annmarie: from rain to drought, arizona releases unprecedented water rations for next year. >> fertilizer, mechanics, a bunch of things are going to be shrinking.

. ♪ annmarie: from downtown washington, welcome to "balance of power." we are both in for david westin. a very long do vacation he needed. the president last night very emphatic in his delivery on his decision to withdraw and why he withdrew so quickly. already we see it casting a cloud. how dark will that cloud be over congress? we have antony blinken in-house briefings and senate briefings already today. joe: we are ready to go down a long road of hearing. republicans have promised, even in the markup of the defense author

ranking member granger for her partnership and the work of the minority staff including staff director annmarie cho pack and deputy johnny caberle. i urge my colleagues to support this bill. this has been a bipartisan and bicameral agreement and effort of which we are proud and i reserve the balance of my time. the speaker pro tempore: the gentlelady from texas. ms. granger: thank you, madam speaker. today i rise to speak about h.r. 5305 a bill that will prevent the federal government from shutting down, and provide a helping hand to americans who have faced loss and devastation due to storm, wildfires and other natural disasters. i should note that i opposed a similar package last week when it came to the floor. since that time the senate has removed the debt ceiling from the bill. madam speaker, let me reinforce an important point for those listening to us debate this bill. we did not have to be in this place just hours before shutdown. republics made it clear in august that tieing a debt ceiling vote to the continuing resolution was not something we could support. our colleagues on the other

annmarie: part -- ellen: part of the issue is that there is a lot of concern about what is to come from natural gas in the future, particularly in terms of the regulations the biden administration is planning to put on companies in terms -- there is going to be a new leasing of federal land for oil and gas drilling, but that is coming along very slowly. we really have not seen a lot of new drilling for just natural gas. a lot of what we are seeing is associated natural gas. there are some potential headwinds, particularly the uncertain regulatory state. matt: thanks for joining us. the author of saudi, inc. coming up. wall street moves south. how palm beach is trying to build its own new york city. this is bloomberg. ♪ matt: this is bloomberg markets. as more and more wall street firms flock to florida, palm beach developers are making the area more appealing to new yorkers. harry's of wall street is opening a location down south. what is happening? we just saw a picture of harry's palm beach. it looks like there are some baker brose there. even that younger bankers get to work in flo

in way before us, annmarie hordern. i want to go to jeff stein of the washington post who channels right into your work. zandi at moody's, everybody respects dr. zandi. this is 6 million jobs we are talking about with a debt ceiling issue. talk about the cost of washington the day the debt ceiling issue happens. >> its politics in washington. i don't even know if they are thinking about the fact -- they think about it, but in these moments they are thinking about every single second they are wasting money. what's happening now is politics. republican said if you link these bills we will not vote for the debt ceiling. right now these two bills are linked in the debt ceiling suspension and a stopgap funding measure to make sure we can keep the government september 30. tom: somebody mentioned the dade calendar, there will be progressive congresspeople attending meetings. they'll be the blue dogs attending meetings, which meeting are you focused on with joe biden today? >> this will be speaker pelosi and senator schumer how

annmarie hordern is going to give us perspective. anne-marie, greg does not mince words. describe the level of chaos as the sun rises in washington. >> we are getting close to not having an agreement on funding and the debt limit before the treasury runs out to pay back our past bills. the house has passed the bill, that the senate, it will file -- fail. tom: for those not up to speed, but anne-marie, what is important is that there is a separation between the debt ceiling debate out there and the immediate debate right now. >> the immediate debate is stopping the -- passing the stopgap measure. you hear mitch mcconnell saying they will have their own stop gap measure to keep the government functioning after september 30. this is one debate. i think the other question is about the reconciliation package. this is a separate democrat-only debate about the future spending the party wants to do. kailey: we are still a little over a year away, but looking out to the midterms, how much clinical covered as a give democrats if they say we have this package put together at the hou

tom: may you could get annmarie hordern on their. jonathan: where issue this week? she went to crete. you can catch boom glued -- bloomberg real yield later. let me pull this up quickly. she things you might have seen the height in the 10 year yield. -- seen the high in a 10 year yield. tom: what is your graphic better than mine? jonathan: i am a more visual guide. tom: it looks like it was done with 72 crayolas. you don't know what the 70 did crayolas are. jonathan: that is a band. tom: that was the ultimate christmas gift. i only had 16 crayolas. jonathan: the 50's, that you used to enjoy. tom: they were good. they opened for strawberry. jonathan: do you know what this is, ratings death. lisa: that is another and -- another band. tom: the open for rush. it was great. jonathan: yields of three basis points. lisa: can i make a serious comment? i was thinking about this idea if we get a double-dip what does the treasury yields mean for equities? they are buying shares back. this is really -- tom: this is really important because how many banks are going to a negative

tom: annmarie is going to the u.s. open. lisa and i are twiddling our thumbs. jonathan: do you want to come with me? tom: could you see me at the u.s. open? let's get to the bond market. we are going to talk about the 77 basis points. earlier this morning, you've got to make two guesses on payrolls friday. you've got to guess the jobs number and how the market responds. you've got to think about a bigger reaction to this. they are looking for 400 k. this is an asymmetric risk. they see a bigger move off a bigger number. they see it being pushed to the yield curve. let's get to the yield curve. take your pick. just south of 110 basis points. over the last year, up 58. over the last six month, we started to close that gap. the reason they see this asymmetric risk, a weaker number will enable the fed to more aggressively deal the message around tapering. if they can push out that hike, you get a steeper curve driven by rate hikes being pushed out the front end. that is the view from td. what is the number? how does the market respond to it? tom: it's about data de

that's annmarie hordern. jonathan: 26 point higher on the s&p. it is a turnaround. the morning, up 0.6%. tom: synchronized global gloom is what it is. jonathan: this is bloomberg. ♪ ritika: with the first word news, i'm ritika gupta. on capitol hill, democrats have had a wall in their effort to avoid government shutdown, a debt default, and advance president biden's agenda. time is running out for funding the government and praising the debt ceiling. in japan, fumio kishida is set to become the next prime minister. the former foreign minister won the leadership of the party. he will place a test of broader appeal and election. the largest maker of u.s. memory chips is falling, micron. micron is coming off a record year, but it's sales forecast the period ended in miss estimates that in missed estimates. netflix has bought night school studio for an undisclosed amount. the company is best known for his debut title, the supernatural mystery adventure "oxenfree." netflix plans to make games part of its subscription service with no added fees or in-app purchases. glob

david: to take us through the president's remarks, we welcome our washington correspondent annmarie hordern who is with us in new york. tells abou

i listen to annmarie hordern or emily wilkins. i don't know what deadline is. lisa: it is unlike to get a vote by the end of september. they have to get it before the midterms because they could lose the majority. jonathan: that's why i ask. how far before the midterms do you need to get this done, especially with the infrastructure package? do people want to see the benefits of that beyond just seeing a signature at the bottom of a bill? lisa: technically they are sort of linked because the house democrats have been clear about that. i have -- i wonder how stimulative it will be if it is offset entirely by taxes. jonathan: that is the fear, if we start to see a headwind instead of a tailwind. futures up 24 on the hudson p -- on the s&p, advancing 0.5%. tom: ♪ i don't ever want to wear a suit and tie again ♪ jonathan: dear me. [laughter] (announcer) back pain hurts, and it's frustrating. you can spend thousands on drugs, doctors, devices, and mattresses, and still not get relief. now there's aerotrainer by golo, the ergonomically correct exercise breakthrou

ranking member granger for her partnership and the work of the minority staff including staff director annmarie cho pack and deputy johnny caberle. i urge my colleagues to support this bill. this has been a bipartisan and bicameral agreement and effort of which we are proud and i reserve the balance of my time. the speaker pro tempore: the gentlelady from texas. ms. granger: thank you, madam speaker. today i rise to speak about h.r. 5305 a bill that will prevent the federal government from shutting down, and provide a helping hand to americans who have faced loss and devastation due to storm, wildfires and other natural disasters. i should note that i opposed a similar package last week when it came to the floor. since that time the senate has removed the debt ceiling from the bill. madam speaker, let me reinforce an important point for those listening to us debate this bill. we did not have to be in this place just hours before shutdown. republics made it clear in august that tieing a debt ceiling vote to the continuing resolution was not something we could support. our colleagues on the other