Sanders’ comment came after Senate Majority Leader Harry ReidHarry ReidWeek ahead: House to revive Yucca Mountain fight Warren builds her brand with 2020 down the road 'Tuesday Group' turncoats must use recess to regroup on ObamaCare MORE (D-Nev.) and Senate Minority Leader Mitch McConnellMitch McConnellUN contacted Trump administration on ObamaCare repeal: report Congress nears deal on help for miners Shutdown fears spur horse-trading 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.”