Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Politics

Conservatives revolt against Johnson-Schumer deal to avoid government shutdown: ‘Worse than we thought’

by January 9, 2024
January 9, 2024
Conservatives revolt against Johnson-Schumer deal to avoid government shutdown: ‘Worse than we thought’

Republican hardliners in the House of Representatives are pushing back against the bipartisan deal struck on Sunday aimed at avoiding a government shutdown.

The conservative House Freedom Caucus led the revolt against Speaker Mike Johnson, R-La., and Senate Majority Leader Chuck Schumer’s agreement on Sunday evening, recirculating a late December memo that said any funding topline higher than $1.59 trillion would be ‘totally unacceptable.’

‘It’s even worse than we thought,’ the group posted on X. ‘Don’t believe the spin. Once you break through typical Washington math, the true total programmatic spending level is $1.658 trillion — not $1.59 trillion.’

The statement called the deal a ‘total failure.’

Previous GOP rebellions in the spending fight have seen conservative lawmakers intentionally tank their own party’s procedural votes, effectively delaying government funding bills from getting to the floor.

But Congress is working on a major time crunch, with federal funding expiring for some agencies on Jan. 19 and all others on Feb. 2. 

They’re also operating on a two-seat majority for most of this month, after Majority Leader Steve Scalise, R-La., announced Friday that he would be recovering from cancer-related treatment for most of January.

That means House leadership will likely have to put any spending bills up under suspension, which would bypass the procedural hurdle but raise the threshold for passage to two-thirds of the chamber rather than a simple majority.

It’s all but assured that any final appropriations bills will need Democratic support to pass the House.

Both Reps. Marjorie Taylor Greene, R-Ga., and Tim Burchett, R-Tenn., said they were against the agreement.

‘I’m currently a no,’ Burchett said on Fox Report. ‘I’d like to see some real cuts…and maybe cut back on all the…spending that we’ve been doing. And until we do that, we are we are falling off a fiscal cliff.’

Greene wrote on X, ‘I am a NO to the Johnson Schumer budget deal. This $1.6 Trillion dollar budget agreement does nothing to secure the border, stop the invasion, or stop the weaponized government targeting Biden’s political enemies and innocent Americans. So much for the power of the purse!’

Johnson and Schumer, D-N.Y., both claimed victory when announcing they had agreed on what level to fund the government at for the remainder of fiscal year 2024. Their plan would set a statutory topline of $1.59 trillion, the same level Schumer set with ex-Speaker Kevin McCarthy, R-Calif., as part of negotiations to raise the debt limit last spring. 

The updated plan would also factor in most of a $69 billion side deal made between McCarthy and President Biden. Johnson said he negotiated an added $16 billion in spending cuts this year to offset that.

Rep. Chip Roy, R-Texas, on X called the agreed-upon spending level ‘terrible,’ adding that it ‘gives away the leverage accomplished in the (already not great) caps deal’ between McCarthy and Biden, the Fiscal Responsibility Act.

But a GOP aide pushed back against that notion on Sunday night, telling Fox News Digital, ‘This deal has the same levels of spending as the [Fiscal Responsibility Act] deal except with billions more in cuts. Republicans put the screws to Democrats one more time.’

The House is formally back from the holidays on Jan. 9.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
House GOP says Hunter Biden ‘violated federal law’ by defying subpoena, prepare contempt resolution
next post
Gabriel Attal, 34, becomes France’s youngest prime minister in decades

Related Posts

Jewish schools in UK increasing security measures as...

October 11, 2023

NRA slams Democratic governor’s gun order, issues harsh...

September 11, 2023

California GOP proposal would distance state party from...

August 20, 2023

Former Burisma lawyer registers as foreign agent more...

January 7, 2024

Agitator behind ‘Death to America’ chants in Chicago...

April 22, 2024

White House reporter sues Karine Jean-Pierre after losing...

August 14, 2023

‘Afraid I would win’: RFK Jr. accuses opponents...

May 16, 2024

White House establishes guidelines for Cabinet notifications following...

January 27, 2024

White House staff ‘relocated’ after pro-Palestinian rioters damage...

January 14, 2024

Biden calls for an end to impeachment inquiry...

February 17, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Understanding Lithium Mineralogy from an Investment Perspective

      September 12, 2023
    • 3

      US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

      June 6, 2025
    • 4

      Israel confirms it is arming Hamas rivals in operation opposition calls ‘complete madness’

      June 6, 2025
    • 5

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 6

      Crypto Market Recap: Strategy Eyes US$1B Raise for Bitcoin Push, UK Regulator Reverses ETN Ban

      June 6, 2025
    • 7

      China’s aircraft carriers send message in the open Pacific for the first time – and bigger and more powerful ships are coming

      June 16, 2025

    Categories

    • Business (1,051)
    • Investing (2,077)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,385)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved