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

Money Control Place

Politics

Speaker Johnson rolls out plan to avoid government shutdown, prevent ‘spending monstrosity’

by November 12, 2023
November 12, 2023
Speaker Johnson rolls out plan to avoid government shutdown, prevent ‘spending monstrosity’

Speaker Mike Johnson, R-La., unveiled a short-term spending plan on Saturday aimed at averting a government shutdown when federal funding runs out on Nov. 17.

The two-step proposal would fund part of the government until Jan. 19, and the rest until Feb. 2. A senior GOP aide told Fox News Digital on Friday that they are aiming for a Tuesday House-wide vote.

Supporters of a staggered short-term bill, known as a continuing resolution (CR), argue it puts targeted pressure on lawmakers to achieve their goals at an incremental rate. 

Johnson’s CR includes no additional funding for Ukraine or Israel, but it does extend key programs under the Farm Bill, another must-pass piece of legislation that expires this year. 

The speaker said his plan would avoid forcing lawmakers to make rushed decisions up against the holiday season by extending funding through the new year. He also championed its exclusion of President Biden’s $106 billion supplemental aid request for Ukraine, Israel, Taiwan and the southern border. 

In a one-page summary of the plan, Johnson’s office said the approach would ‘prevent another irresponsible ‘Christmas omnibus’ spending monstrosity.’

‘This two-step continuing resolution is a necessary bill to place House Republicans in the best position to fight for conservative victories,’ Johnson said in a statement after it was unveiled.

‘The bill will stop the absurd holiday-season omnibus tradition of massive, loaded up spending bills introduced right before the Christmas recess. Separating out the CR from the supplemental funding debates places our conference in the best position to fight for fiscal responsibility, oversight over Ukraine aid, and meaningful policy changes at our Southern border.’

The plan first forces lawmakers to reckon with some of the traditionally less controversial appropriations bills — those concerning military construction and Veterans Affairs; Agriculture; Energy and Water; Transportation and Housing and Urban Development. The remaining eight appropriations bills must be worked out by Feb. 2.

House Republicans have pledged to pass 12 individual spending bills for the next fiscal year as opposed to a mammoth ‘omnibus’ funding bill, which the previous Democratically-controlled Congress passed last year. 

A majority of Republican lawmakers, including Johnson allies, have signaled they understand a CR is needed to give themselves more time to cobble together a deal and avoid a shutdown. 

But some GOP hardliners are already coming out against it for extending the ‘omnibus’ priorities they opposed.

‘My opposition to the clean CR just announced by the Speaker to the [House GOP] cannot be overstated. Funding [former Speaker Nancy Pelosi, D-Calif.] level spending & policies for 75 days – for future ‘promises,’’ House Freedom Caucus Policy Chair Chip Roy, R-Texas, wrote on X after a House GOP members-only conference call.

Fox News’ Chad Pergram contributed to this report

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Top 9 Lithium-producing Countries (Updated 2023)
next post
Lancaster Resources Receives Administrative Approval for Maiden Drill Program

Related Posts

House Rules panel pauses consideration of Hunter Biden...

January 17, 2024

Kirby says Yemen’s Houthis ‘still have some offensive...

January 20, 2024

GOP senator roasts John Kerry for jetting off...

December 1, 2023

Supreme Court signals interest in hearing a major...

June 17, 2024

IRS whistleblowers: Hunter Biden indictment is a ‘complete...

December 9, 2023

Sen Hawley warns consulting firms against working with...

February 28, 2024

Arizona to direct $40M in COVID relief funds...

September 6, 2023

Iranian leaders accuse Israeli missile strike of killing...

December 27, 2023

Marjorie Taylor Greene backs challenger to Freedom Caucus...

January 24, 2024

Mayor’s rebuke could signal end of ‘Democratic Socialist,...

June 16, 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

    • Confused by the Market? Let the Traffic Light Indicator Guide You

    • Which Will Hit First: SPX 6100 or SPX 5100?

    • Investment Portfolio Feeling Stagnant? Transform Your Path Today

    • Where the Market Goes Next: Key Resistance Levels + Top Bullish Stocks to Watch Now

    • Recession Ahead? Sector Rotation Model Warns of Rising Risk

    • Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    Categories

    • Business (1,183)
    • Investing (2,412)
    • Politics (3,699)
    • Stocks (1,558)
    • 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