Sanders’ comment came after Senate Majority Leader Harry ReidHarry ReidSanders and Schumer are right: Ellison for DNC chair The Hill's 12:30 Report Hopes rise for law to expand access to experimental drugs MORE (D-Nev.) and Senate Minority Leader Mitch McConnellMitch McConnellSenate votes to advance Trump's nominee for Interior secretary Dem leaders try ‘prebuttal’ on Trump Ryan, McConnell predict ‘positive, upbeat’ message from Trump MORE (R-Ky.) announced a deal to reopen the government and avert default, which the administration says is one day away.
House Republicans have said they’ll vote on the Senate bill since they failed to get enough support within its own party to advance yet another deal on Tuesday. Lawmakers hope to have the votes complete before the government defaults Thursday.
The stock market was volatile throughout the more than two-week government shutdown and several financial institutions threatened to downgrade the U.S. credit rating if the U.S. defaults on its debt.
Sanders warned that Republicans would try to keep sequestration cuts in the budget spending level during future negotiations. He said although deficit reduction is an important issue, sequestration disproportionately harms working-class families.
“What are we going to say to working-class families: ‘Guess what, we’re going to have to balance the budget on your backs,' ” Sanders said. “I know some of my colleagues want that.”