Connect with us

Hi, what are you looking for?

Smart Success Strategy – Investing and Stock NewsSmart Success Strategy – Investing and Stock News

Investing

House GOP divided on short-term funding as Congress barrels toward government shutdown deadline

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.

House Republicans are divided over whether to support a short-term government funding extension as Congress hurdles toward the first of two shutdown deadlines next week.

‘[Jan. 19] is not a rational goal. We need to do something by the 18th,’ Rep. Steve Womack, R-Ark., a senior member of the House Appropriations Committee, told reporters Wednesday. 

He agreed with earlier comments by Senate Minority Whip John Thune, R-S.D., who suggested a deadline sometime in March for such an extension, known as a continuing resolution (CR).

‘There’s going to have to be some kind of short-term, I probably lean more toward the kind of Thune orthodoxy that we’re going to need to move it into March sometime, to give us adequate time. But you know, look, we knew this was coming,’ Womack said.

Meanwhile, Rep. Brian Mast, R-Fla., suggested Wednesday that Republicans should use a government shutdown as leverage to get GOP policy goals passed. 

‘A shutdown is something that you have to be willing to risk, especially for the things that are on the line,’ Mast said. ‘If we’re not working to extract the security of our nation and willing to shut the government down and for a period of time in order to secure our nation in part, then I don’t think we’re having the right fight.’

Tensions have erupted in the House of Representatives already, less than halfway through the first month of 2024. 

A group of 12 conservatives staged a protest vote on Wednesday that tanked a normally sleepy procedural measure in a pointed shot at House GOP leadership over its handling of government funding talks.

It paralyzed the House floor and forced the remainder of the day’s votes to be canceled, heightening concerns that Congress may not reach a deal by next Friday. 

Under a previous short-term funding deal passed by Johnson and Senate Majority Leader Chuck Schumer, D-N.Y., the new deadline to reach a fiscal year 2024 spending deal was split. Some agencies are funded through Jan. 19, while the remaining ones have until Feb. 2.

However, there is another timing element hovering overhead. Because of negotiations Schumer had with former House Speaker Kevin McCarthy, a yearlong CR would trigger a 1% government funding cut in April – something hard-line Republicans have said would be preferable to the current spending deal, but Democrats oppose.

Such a standoff could very likely lead to a government shutdown.

Rep. French Hill, R-Ark., another senior Appropriations Committee member, suggested a short-term CR would be preferable to a shutdown.

‘I think we should work to avoid a shutdown. Republicans are not going to be helped by a shutdown. The country’s not helped by a shutdown and taxpayers are hurt by a government shutdown,’ he said.

Republican Study Committee Chair Kevin Hern, R-Okla., however, said a shutdown might even be helpful in helping Congress reach a deal if it was only ‘for a short period of time.’

‘We work really well when we know that we’ve got to come out of a shutdown,’ Hern said. ‘If we’re talking about working on some policies, working on funding for a few days, then yes, I think it’s better than a CR.’

Senate leaders have already acknowledged that a short-term CR is likely needed. Johnson was noncommittal but did not rule it out at a Wednesday press conference.

‘I’m not ruling out anything, committing to anything, other than getting these appropriations done. And I think we can. And we’re pushing everybody hard,’ Johnson told reporters.

Fox News’ Brianna O’Neil contributed to this report.

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Latest News, And Articles.



    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    The energy revolution is here to stay, and electric vehicles (EVs) have become part of the mainstream narrative. Despite geopolitical tensions and uncertainty, the...

    Editor's Pick

    Overview Mexico’s Sinaloa state hosts a number of prolific silver and gold mines, including McEwen Mining’s (TSX:MUX) El Gallo Complex, Americas Gold and Silver’s...

    Editor's Pick

    Uranium is an important energy sector commodity, and its rising value has attracted investor interest. 2023 has seen uranium prices solidly above the important...

    Investing

    A new survey shows that the presidential race between former President Donald Trump and President Biden is thin, but Biden faces a deficit in...

    Disclaimer: smartsuccessstrategy.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 smartsuccessstrategy.com