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

Money Control Place

Politics

Lawmakers brace for brutal new government spending fight on heels of last shutdown battle

by March 25, 2024
March 25, 2024
Lawmakers brace for brutal new government spending fight on heels of last shutdown battle

Spending hawks in Congress are growing antsy about starting discussions on how to fund the government in fiscal year 2025.

Congress only recently completed the appropriations process for fiscal year 2024, roughly six months after it began Sept. 30. And, in that time, disagreements over federal funding prompted conservative lawmakers to tank their own party’s bills in protest of leadership’s decisions. 

Spending disagreements also led to the ouster of Kevin McCarthy, R-Calif., as speaker and led to a motion to vacate being filed against Speaker Mike Johnson, R-La., Friday.

A significant share of Republicans also broke from their own party to oppose nearly every bipartisan spending agreement crafted between the House GOP majority and Senate Democrats, demonstrating the party’s deep fiscal fractures.

‘Am I confident? No,’ one GOP lawmaker told Fox News Digital when asked if the appropriations process will improve for fiscal year 2025. ‘I hope it does. But, I mean, there’s been no indication for the last 30 years, 25 years, that it’s going to [improve].’

Rep. Scott Perry, R-Pa., a former House Freedom Caucus chairman who opposed each of the bipartisan spending deals, suggested he’s concerned his faction of the House GOP will be disappointed again in the next round.

‘Yes, of course we’re behind,’ Perry said. ‘We’re halfway into the year.’

On the Senate side, Sen. Roger Marshall, R-Kan., led a letter to GOP Conference Chair Sen. John Barrasso, R-Wyo., requesting an urgent meeting on the spending process.

‘As we rush to finalize the 2024 FY budget — months after the fiscal year has started — we are already behind on the 2025 budget deadlines set in statute. Reform is needed, and it is vital that we as a Conference debate how to get our budget process on track,’ Marshall wrote.

Both House Republicans and the White House initiated their sides of the process by submitting budget proposals, each predictably panning the other’s plans. 

Republican Study Committee Chairman Rep. Kevin Hern, R-Okla., whose large House GOP group unveiled its own budget proposal, called for a House vote on each of the plans, though he did not say if he was concerned about the current pace.

‘Go ahead and get it done. Get the vote done and see where it lies and where the outcome is. And then let’s get the budget done and get the appropriators working on the FY25 budget,’ Hern said.

However, another GOP lawmaker, who spoke on the condition of anonymity, expressed optimism colleagues learned from prior mistakes.

‘We’re a little bit behind from a schedule, like a calendar perspective, from where we want to be,’ the GOP lawmaker said. ‘We have a real clarity of mind right now of what went wrong, and so, you know, in some respects, the best way to stay on task. We just got done with appropriations, so now we know exactly what we need to do the next time.’

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Thom Calandra: Gold’s “Stealth Rally” Already Starting to Move Stocks
next post
Harris suggests ‘consequences’ are on the table for Israel if Netanyahu invades Rafah

Related Posts

NYC to shelter 1,000 migrants in mental hospital...

July 27, 2023

Late CT political titan Lowell Weicker remembered as...

July 11, 2023

Mother of wrongfully detained American on death row...

November 14, 2023

Harris suggests ‘consequences’ are on the table for...

March 25, 2024

Israel, Hamas start 4-day cease-fire in Gaza war,...

November 24, 2023

Trump vows to create ‘Christian Visibility Day’ following...

April 3, 2024

Biden to award Medal of Honor to Vietnam...

September 5, 2023

Liberal cities, states struggle with tough reality of...

August 14, 2023

Biden admin cracks down on another popular home...

July 23, 2023

California teacher suspended for allegedly targeting White students...

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

    • Fed Watch: Key Bullish Patterns in the S&P 500, Utilities, and Crypto

    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

    • Brunswick Exploration Announces Brokered Private Placement for Gross Proceeds of up to C$2.5 Million, with a Lead Order from a Strategic Investor

    • Drill Contract Awarded for Elizabeth Hill. Technical Visit Completed to Define Drill Targets

    • $2.6M Placement and SPP to fast-track China entry and sales

    • NorthStar Gaming Announces Receipt of Management Cease Trade Order

    Categories

    • Business (1,183)
    • Investing (2,407)
    • Politics (3,699)
    • Stocks (1,553)
    • 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