The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Politics

Stopgap spending bill to avoid government shutdown expected to pass Congress despite right-wing opposition

by January 16, 2024
January 16, 2024
Stopgap spending bill to avoid government shutdown expected to pass Congress despite right-wing opposition
Read this article for free!
Plus get unlimited access to thousands of articles, videos and more with your free account!
Please enter a valid email address.
By entering your email, you are agreeing to Fox News Terms of Service and Privacy Policy, which includes our Notice of Financial Incentive. To access the content, check your email and follow the instructions provided.

Congress is expected to pass a short-term federal funding extension known as a continuing resolution (CR) this week aimed at avoiding a government shutdown.

It’s expected to pass with support from Republican and Democrat leaders who have agreed on little beyond the idea that shutting down the government is a bad idea both practically and politically.

The Republican majority in the House has experienced deep fractures over federal spending, with a growing bloc of conservatives declaring they prefer a government shutdown to an extension of the previous Democrat Congress’s spending priorities.

Within hours of the CR legislative text being made public, the hard-line right House Freedom Caucus panned it as a ‘surrender.’ Johnson, meanwhile, argued that the extra time will keep Republicans on track to secure conservative policy victories in the spending fight.

The ultra-conservative faction has had outsized influence on the House GOP majority for much of this Congress, particularly on bills that rely on Republican votes to pass. 

But two GOP aides who spoke with Fox News Digital anticipate that there’s little the Freedom Caucus and its allies can do about stopping the CR. 

It’s uncertain whether House GOP leaders will secure support from a majority of their own members, given the current political climate on spending, both aides suggested.

‘It’ll be a showdown for sure,’ one Republican aide told Fox News Digital. They said earlier, ‘The Freedom Caucus offers nothing more than criticism without a single suggestion to avert a government shutdown, and progressives want to spend more money than what this agreement represents.’

‘That leaves the typical coalition of Republicans and Democrats who will get this CR across the finish line,’ the aide predicted. ‘While this bill will pass on the House Floor, more Republicans than in the past will be forced to vote against this CR for political reasons.’

Meanwhile, a GOP aide to a moderate lawmaker blamed that political climate on the eight House Republicans led by Rep. Matt Gaetz, R-Fla., who ousted ex-Speaker Kevin McCarthy, R-Calif., in October.

‘Thanks to the Gaetz gang who were more concerned with getting political revenge on Kevin McCarthy with help from Democrats, the House will once again be forced to pass a CR rather than deliver the spending reform we promised,’ the second aide said.

The new CR would extend the two current government funding deadlines from Jan. 19 and Feb. 2 to March 1 and March 8.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Why we still have brutal cold snaps even as the planet warms to record levels
next post
Vivek Ramaswamy ends presidential bid following Iowa caucuses

You may also like

Antisemitism group calls on Biden to fire official...

How Mike Johnson and Jim Jordan could hit...

State Department to merge Palestinian Affairs Office with...

Trump admin lays out who exactly was cut...

Trump campaign calls DeSantis ‘thirsty OnlyFans wannabe’ for...

Biden-Harris administration using taxpayer money to mask Medicare...

Celebrities have ‘incredibly powerful’ ability to influence election:...

Trump blasts American leaders as no US citizens...

Burning down the House: February has been an...

Trump vindicated as explosive report confirms Iran supervises...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • OpenAI’s Sam Altman thanks Sen John Fetterman for ‘normalizing hoodies’

    • Former Supreme Court Justice David Souter dead at 85

    • Ukraine says it has uncovered Hungarian spy network working in border region

    • Trump claims ‘I don’t know her’ and ‘listened to’ RFK Jr about surgeon general pick getting MAGA pushback

    • Rubio just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

    Categories

    • Business (1,633)
    • Investing (4,791)
    • Politics (7,539)
    • World (6,129)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.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 © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top