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Bloomberg News Now

No Deal After Shutdown Meeting, Trump Gaza Plan, More

30 Sep 2025

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 8.024 Karen Moskow

Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moskow.

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8.204 - 21.465 Nathan Hager

And I'm Nathan Hager. Each morning, we're up early putting together the latest episode of Bloomberg Daybreak U.S. Edition. It's your daily 15-minute podcast on the latest in global news, politics, and international relations.

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21.445 - 27.934 Karen Moskow

Listen to the Bloomberg Daybreak U.S. edition podcast each morning for the stories that matter with the context you need.

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28.195 - 31.459 Nathan Hager

Find us on Apple, Spotify, or anywhere you listen.

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33.943 - 49.545 Doug Krisner

News when you want it with Bloomberg News Now, I'm Doug Krisner. The countdown is on for Congress to pass a spending bill to avoid a government shutdown. Now, government funding is set to expire at 12.01 a.m. Wednesday unless Congress passes a short-term spending bill.

49.525 - 71.635 Doug Krisner

Late Monday, after meeting with President Trump at the White House, congressional leaders left no closer to resolving demands from Democrats. They want to extend health care subsidies and to reverse cuts to Medicaid funding included in Trump's signature tax legislation passed earlier this year. Here is House Minority Leader Hakeem Jeffries speaking to reporters after that meeting.

71.935 - 87.798 Hakeem Jeffries

House Democrats are here. Senate Democrats are here. The Senate is ready to act. House Republicans cancel votes. They're on vacation right now all across the country, and some are spread out across the world. If House Republicans were serious, they'd be here right now.

89.12 - 119.526 Hakeem Jeffries

And there was no explanation in that meeting from the Speaker of the House of Representatives as to how possibly votes could be canceled. And at the same time, People are supposed to believe that Republicans are serious about addressing the health care crisis that they've caused, but simply want to kick the can down the road and expect us to take a Hail Mary promise.

119.586 - 127.255 Doug Krisner

That is House Minority Leader Hakeem Jeffries. Meantime, Vice President J.D. Vance said he believes the U.S. is headed toward a shutdown.

Chapter 2: What is the current status of the government shutdown negotiations?

146.76 - 152.007 J.D. Vance

I think we're headed into a shutdown because the Democrats won't do the right thing. I hope they change their mind, but we're going to see.

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152.027 - 173.796 Doug Krisner

Vice President J.D. Vance speaking there. Now, a shutdown would delay the release of some key economic indicators, and that would include the monthly employment report scheduled for release Friday morning. And at the same time, temporary furloughs would hit hundreds of thousands of federal workers, and other government employees would be forced to work without pay to continue essential services.

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173.776 - 195.102 Doug Krisner

Staying in Washington, President Trump and Israeli Prime Minister Netanyahu say they have agreed to a 20-point plan designed to end the war in Gaza. This plan stipulates the conflict would end immediately if accepted by both Israel and Hamas. All hostages living and dead would be returned within 72 hours in exchange for Palestinian prisoners.

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195.763 - 201.91 Doug Krisner

And a panel of experts would be convened to rebuild and energize Gaza. Here is President Trump.

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202.295 - 226.817 Donald Trump

This afternoon, after extensive consultation with our friends and partners throughout the region, I'm formally releasing our Principles for Peace, which people have really liked, I must say. And these are done not just routinely done, these are done with total and total consideration and working with the nations that we're talking about. All of these nations have

227.54 - 229.923 Donald Trump

made contributions to those suggestions.

230.023 - 255.893 Doug Krisner

President Trump went on to say that Hamas has to accept the proposal. Here is Netanyahu speaking about the plan. If Hamas rejects your plan, Mr. President, or if they supposedly accept it and then basically do everything to counter it, then Israel will finish the job by itself. Israeli Prime Minister Benjamin Netanyahu.

256.362 - 278.068 Doug Krisner

Separately, Prime Minister Netanyahu called Qatar's prime minister today to apologize for a deadly missile strike. It targeted Hamas leadership in Doha. Netanyahu also expressed deep regret for unintentionally killing a Qatari security guard and violating Qatari sovereignty. And Netanyahu said Israel will not conduct such an attack again in the future.

278.429 - 286.845 Doug Krisner

That's according to a statement from the U.S. government. Natasha Hall is non-resident senior associate secretary at the Center for Strategic and International Studies.

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