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

Thrifty Banker

Politics

House recesses with just 2 days to solve government shutdown standoff

by February 17, 2024
February 17, 2024
House recesses with just 2 days to solve government shutdown standoff

The House of Representatives has just two more days in session before the first of Congress’ two government shutdown deadlines, putting lawmakers on a critically short timeline to reach a bipartisan deal.

House lawmakers ended their week on Thursday afternoon after leaders called off votes scheduled for Friday. 

Unless members have caucus or committee work to attend to, they are largely not expected back on Capitol Hill until Feb. 28 – two days before the March 1 deadline to fund some government agencies.

The remaining agencies must be funded by March 8.

‘We think we’re going to meet the deadlines,’ House Speaker Mike Johnson told reporters on Wednesday when asked about the appropriations process.

He previously passed two short-term extensions of the previous year’s government funding agreement, known as continuing resolutions. Congress has passed three overall to keep the government open past the original Sept. 30 fiscal year deadline.

However, the spending fight has been a particularly divisive battle for Johnson’s thin House GOP majority, and it likely will not get easier. 

Last month, he and Senate Majority Leader Chuck Schumer, D-N.Y., announced an agreement to set a discretionary spending topline of $1.59 trillion for the next fiscal year but would also honor an earlier side-deal of an added $69 billion. 

Johnson said he secured an extra $16 billion in cuts for this fiscal year to offset some of that.

However, GOP hardliners, including those in the House Freedom Caucus, have said they will not support anything above a total topline funding amount of $1.59 trillion. 

They have forced House floor proceedings to a grinding halt on multiple occasions by deliberately sinking their own party’s measures in protest of the bipartisan agreement.

The division, and his three-seat majority, will mean Johnson almost certainly needs to seek Democratic support in the House, even before reckoning with the liberal-held Senate.

Meanwhile, President Biden blasted House members on Friday for taking a two-week recess without bringing a $95 billion national security supplemental package to assist Ukraine, Israel and the Indo-Pacific to a vote, after it recently passed in the Senate.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
AI security infrastructure needed after ‘malicious’ foreign actors use OpenAI to train operatives, expert says
next post
Navalny’s body should be handed over to his family ‘immediately,’ Navalny spokesperson says

Related Posts

Retired healthcare executive enters North Carolina governor’s race...

August 9, 2023

Trump campaign mocks DeSantis argument that Haley, other...

November 8, 2023

Northern Ireland’s new first minister says Hamas will...

February 11, 2024

Biden’s Iran envoy facing State Department inspector general...

February 20, 2024

House to focus just on Israel, Iran next...

April 14, 2024

US dental care crisis: It should not be...

May 22, 2024

‘Giving government money away’: University of South Carolina...

September 7, 2023

Jordan loses his second speaker vote as nearly...

October 19, 2023

Swing state voters tell NYT why they’re ditching...

May 19, 2024

Hero Israeli tank commander killed after storming Hamas...

November 13, 2023

    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

      Five-foot Toy Story 3 bear draws the crowds at Costco’s first store in ‘China’s Silicon Valley’

      January 15, 2024
    • 3

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

      January 3, 2025
    • 4

      New York Dem backtracks after calling for Trump to be ‘eliminated’

      November 21, 2023
    • 5

      Acceleration of RAD204 Phase 1 dose escalation trial

      May 12, 2025
    • 6

      Multiple New Multi-Commodity Targets

      May 12, 2025
    • 7

      Top 10 Tungsten-p​roducing Countries (Updated 2024)

      May 15, 2024

    Categories

    • Business (1,006)
    • Investing (2,013)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,307)
    • 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