InvestorsHub Logo
Post# of 9448
Next 10
Followers 59
Posts 18522
Boards Moderated 0
Alias Born 11/29/2006

Re: None

Thursday, 09/08/2016 1:20:43 PM

Thursday, September 08, 2016 1:20:43 PM

Post# of 9448
XON - $27.58 - chatter about Zika fast track Congress/Senate vote


Senate may be nearning Zika funding breakthrough, Politico reports Senate leaders could be nearing an agreement for a Zika funding bill after senators and aides said which health centers in Puerto Rico can use the money will likely be dropped from the debate, Politico reports. Shares of Intrexon are up 27c to $27.40 in midday trading. Reference Link

Read more at:
http://thefly.com/landingPageNews.php?id=2428177



Senate nears Zika funding breakthrough

By Burgess Everett and Seung Min Kim

09/08/16 12:38 PM EDT
Share on Facebook
Share on Twitter

Senate leaders may be nearing a truce in the ideological battle over Planned Parenthood that's crippled Congress’ response to the Zika virus.

Senior senators and aides said Thursday that the main impediment to a $1.1 billion bill to combat the virus — a fight over which health centers in Puerto Rico can use Zika funding — is likely to be dropped from the debate. That would allow the Zika money to more easily be tucked into a government funding bill that must pass by the end of the month to avoid a government shutdown.

In an interview, No. 2 Senate Republican John Cornyn of Texas said a partisan standoff over Planned Parenthood is “not the goal.” The House-passed Zika bill contains language interpreted by Democrats as restricting funding for Planned Parenthood, and Senate Democrats have repeatedly blocked the bill over the matter.

“The goal is to get money to pay for the Zika issue,” said Cornyn, whose state's climate makes it particularly susceptible to mosquito-borne diseases. “So if we can agree to postpone our additional debates about taxpayer funding for abortions and Planned Parenthood to a later time, I don’t see any overwhelming obstacle to get a solution on the Zika.”

Or, as put by Senate Minority Leader Harry Reid (D-Nev.), if Republicans are “dumb enough to keep it in there, they’re dumb.”

“What I’ve seen in my conversations and with Cornyn’s very public statements about [the issue is that] he would guarantee or promise we would get something done by the end of the year,” Reid said on Thursday. “It appears to me they’re going to have to give up some of their crazy stuff like Planned Parenthood. That’s the No. 1 thing. They’re going to have to find a new horse to whip.”

Reid said he’d received no concrete assurance from Republicans. But two senior Senate Democratic officials said that Senate Majority Leader Mitch McConnell (R-Ky.), in private, is essentially conceding that Senate Republicans are ready to scrap language affecting Planned Parenthood.
07_Donald_Trump_2_gty_1160.jpg

2016
GOP: Trump won't cost us Congress

By Burgess Everett, Seung Min Kim and Rachael Bade

Senior GOP officials said senators are merely discussing the matter. Senate Minority Whip Dick Durbin (D-Ill.) said McConnell has been “indirect” in suggesting a way forward without a fight over women’s health care.

"It's our insistence that any short-term [continuing resolution] include Zika and what we call the clean Zika bill, and they understand that,” Durbin said.

Democrats have listed several other provisions they find objectionable, including a relaxation of restrictions on pesticide spraying and allowing the Confederate flag to occasionally fly at some Veterans Affairs cemeteries. But Republicans are optimistic that those can be more easily resolved once the standoff over Planned Parenthood is removed. Durbin said “there may be a way to moderate” the pesticide discussion.

Whether the House will go along is another matter entirely. House Republicans will gather on Friday morning to discuss the path forward on the spending bill and Zika, and conservatives in the chamber may not go along with Senate Republicans’ deal-making.

House Speaker Paul Ryan (R-Wis.) suggested the entire debate is contrived and that the House may be less flexible than the Senate.

“There is no Planned Parenthood in this bill. To put an earmark for Planned Parenthood is something that we won’t do,” Ryan said Thursday.

Votes on the matter are at least a week away as senators and aides work out a deal.

Read more: http://www.politico.com/story/2016/09/zika-funding-senate-breakthrough-227887#ixzz4JgcJuDk4
Follow us: @politico on Twitter | Politico on Facebook

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.