March 27, 2017

HMM: White House Opens Door to Democrats in Wake of Health-Bill Failure.

Days after the House GOP health bill collapsed due to a lack of support from Republicans, White House Chief of Staff Reince Priebus brought up the idea of working with Democrats multiple times, leaving little doubt that the White House intended to send a message to the hard-line Republican flank.

“This president is not going to be a partisan president,” Mr. Priebus said on “Fox News Sunday.” He said that while “I think it’s time for our folks to come together, I also think it’s time to potentially get a few moderate Democrats on board as well.”

President Donald Trump could face hurdles in enacting his agenda if he can’t broaden his coalition, even though Republicans control both chambers of Congress. Markets have rallied since his election on the prospects that he would drive through tax cuts, boost infrastructure spending and cut regulations, giving a jolt to the economy.

The unraveling of the health bill last week calls into question how easily that broader agenda will be achieved, and could lead some investors to moderate their enthusiasm.

Why would the White House keep pushing on ObamaCare when there are so many other conservative legislative actions on its agenda?

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