Lawmakers Play Shutdown Blame Game | Balance of Power 10/2/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Tyler Kendall discusses the funding impasse on Capitol Hill. On today's show, Democratic Congressman Joe Morelle of New York, Stonecourt Capital Partner Rick Davis, Third Way Senior Fellow Caitlin Legacki, Republican Congressman Bryan Steil of Wisconsin. Chapters: 00:00:00 - Balance of Power: Early Edition Starts 00:04:40 - Erik Wasson Discusses Shutdown Stopgap Bill Negotiations as Trump Raises Stakes for GOP 00:11:04 - Rep. Joe Morelle (D-NY) Talks Republicans Weighing Sweeping Cuts, WH Freezing Billions in NYC Funding 00:20:17 - Bloomberg Political Panel on Hamas Pressed by Arab, Muslim States to Accept Gaza Plan, Washington Playing Shutdown Blame Game 00:32:11 - Rep. Bryan Steil (R-WI) on State of Shutdown Negotiations, Trump, Vought to Talk Federal Job Cuts -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake