Connect with us

Hi, what are you looking for?

Latest News

What to expect as Republicans try to salvage spending package, avoid government shutdown

The revolt by conservatives and the sudden infusion into negotiations of President-elect Donald Trump, Vice President-elect JD Vance and Elon Musk has House Speaker Mike Johnson and others struggling to find a way out of their political cul-de-sac and avoiding a government shutdown at 12:00:01 a.m. ET Saturday. 

Fox News is told that Trump’s unexpected demand to tackle the debt ceiling in this package has complicated matters exponentially. Many conservatives won’t vote for any debt ceiling increase. And Democrats are balking because Republicans reneged on the deal. 

Democrats have bailed out majority Republicans on every major fiscal bill this Congress. They appear to be done with helping Republicans.

Moreover, there may not be enough time to avoid a shutdown, especially if a new bill is to be produced – and conservatives demand that it lay fallow for three days before voting. 

That does not even address getting it through the Senate.

Many members with whom Fox News spoke Wednessday night are now resigned to a very high chance of a government shutdown – perhaps one which bleeds through Christmas. There simply isn’t a combination of votes that unlocks this puzzle yet.

Congress also hasn’t addressed disaster aid. Some conservatives are opposed to that for North Carolina and Florida without offsets. The fate of assistance after Hurricanes Helene and Milton is now in serious limbo.

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, 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

    Latest News

    Ahead of a planned trip to China this week, U.S. Secretary of State Antony Blinken is reported to have alleged that Beijing is still...

    Latest News

    A Biden appointee, who has donated tens of thousands of dollars to his campaigns and is married to a top former aide of then-Sen....

    Stock

    The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to...

    Latest News

    Minnesota Gov. Tim Walz is facing scrutiny from Republicans over what they say are pro-China remarks, including an interview in which the Democratic vice...