Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Politics

McCarthy open to working with Senate Democrats on stopgap funding bill, sources say

by September 29, 2023
September 29, 2023
McCarthy open to working with Senate Democrats on stopgap funding bill, sources say

Speaker Kevin McCarthy, R-Calif., signaled he would be open to working with the Democrat-held Senate on a stopgap funding compromise to avert a government shutdown — but only if the deal included elements to strengthen border security, sources told Fox News Digital.

McCarthy spoke to GOP lawmakers at a closed-door conference meeting Thursday in order to ‘rally the troops’ for an agreement on how to fund the government in the next fiscal year, one GOP aide said. 

Congressional leaders on both sides have acknowledged that a stopgap funding bill, known as a continuing resolution (CR), is likely needed to give lawmakers more time to cobble together 12 individual appropriations bills to fund the government in the new fiscal year, which begins Oct. 1.

Two sources familiar with the meeting told Fox News Digital that McCarthy suggested he was willing to sit down with Majority Leader Chuck Schumer, D-N.Y., but only after House Republicans passed their own CR.

McCarthy ‘laid out the same strategy as debt ceiling,’ one source said, in that he ‘wants us to pass something before they pass something.’

The source added, ‘He said it would be easier to get Schumer to agree to an immigration change than [Senate Minority Leader Mitch McConnell, R-Ky.].’

‘Basically [McCarthy] said we are going to look bad without our own plan and the Senate having passed something,’ the source said.

A second source, who also requested anonymity to discuss the matter freely, confirmed that House Republicans’ goal was to pass their own bill and then negotiate against the Senate.

The second source said McCarthy warned that failure to pass a House GOP CR would diminish their leverage in discussions. 

A GOP lawmaker who was at the meeting told Fox News Digital that McCarthy said he told Schumer that border security elements were a must-have in any CR.

‘I’ve had conversation with Democrat senators even as early as today who want to do something on the border,’ McCarthy told reporters on Thursday morning. ‘I think this is a place where we can get a short term stopgap if we get something on the border.’

However, it is not clear that House Republicans have the votes to pass their CR deal. Proposals floated among the House GOP include cutting spending back to 2022 levels, about $130 billion less than fiscal year 2023, for the stopgap bill’s duration. They have also included Republicans’ border security bill, H.R.2.

There are still a handful of House Republicans who are opposed to a CR on principle, arguing that it still extends the previous Democrat-held Congress’ priorities.

The Senate, by contrast, is moving forward with its own CR that would simply extend this year’s funding priorities. It also includes funding for Ukraine and for U.S. disaster relief. 

However, despite uncertainty in the House, McCarthy is still forging ahead with the CR vote on Friday or Saturday, a GOP lawmaker said while also signaling frustration at the Republican holdouts.

‘I think it’ll happen. Now whether it passes is a different story,’ the lawmaker said. ‘But at least let people be on record on whether they support a shutdown and keeping the border open.’

Elizabeth Elkind is a reporter for Fox News Digital focused on Congress as well as the intersection of Artificial Intelligence and politics. Previous digital bylines seen at Daily Mail and CBS News.

Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
House Intel Chair Turner brings Biden’s alleged mishandling of classified records into impeachment inquiry
next post
Hawley sends scathing letter to Mayorkas demanding termination of intel ‘experts group’

Related Posts

Former long-serving House Republican sentenced to 22 months...

September 20, 2023

House hardline conservatives have no regrets after ousting...

October 20, 2023

Iranian foreign minister dismisses Israeli strike as ‘toys,’...

April 21, 2024

Biden administration confirms paused shipment of bombs to...

May 8, 2024

Liberals pile on Dem senator for sharing ‘Rich...

August 15, 2023

House Intel Chair Turner brings Biden’s alleged mishandling...

September 29, 2023

Human rights lawyers says she has never seen...

November 16, 2023

Sinema joins GOP senators on bill to reverse...

September 19, 2023

McConnell says Republicans ‘always’ lose when government shuts...

September 20, 2023

America’s ‘most extreme’ gun control law heads to...

September 13, 2023

    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

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Laurion Announces Closing Of Private Placement Of Flow-Through Units

    • Lundin to Sell Eagle Nickel-Copper Mine and Humboldt Mill to Talon Metals

    • Lithium Market 2025 Year-End Review

    • Nickel Price Forecast: Top Trends for Nickel in 2026

    • Kinetiko Commences Trading on North American OTC Market

    Categories

    • Business (1,424)
    • Investing (3,307)
    • Politics (3,699)
    • Stocks (1,889)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved