Monday, December 23, 2024
HomePoliticsHouse Speaker breaks with Trump on debt ceiling | Real Time Headlines

House Speaker breaks with Trump on debt ceiling | Real Time Headlines

U.S. Commerce Secretary Gina Raimondo said she hopes Congress will act together

WASHINGTON — Just hours left in the game federal government start closure House Republicans plan to hold vote on Friday amid lack of funds Subsidize the government It lasts for three months and provides disaster relief and agricultural assistance.

However, the bill, released late Friday afternoon, will need significant Democratic support in order to pass the full House before the midnight shutdown deadline. It also needs a realistic path to passage in the Democratic-controlled Senate.

House Speaker Mike Johnson, R-Louisiana, said he is committed to averting a government shutdown that could jeopardize the paychecks of hundreds of thousands of federal employees just days before Christmas.

“We are not going to shut down the government,” Johnson told reporters at the Capitol on Friday afternoon. “We will fulfill our obligations to farmers in need, disaster victims across the country, and ensure that military and essential services and all those who rely on the federal government for their paychecks are paid during the holidays.”

It’s unclear how Democrats, led by the minority leader Hakeem JeffriesNew York State Democrats will respond to standalone bill. But early signs are encouraging.

“This bill may gain the trust of enough Democrats to help the House speaker pass it,” Rep. James Clyburn, the longtime party leader, told MSNBC’s “White House Deadline.” express.

Earlier in the day, Jeffries told a group of politically vulnerable Democrats that he wanted to resolve the impasse, Punchbowl News’ Jack Sherman reported.

The vote would cap several days of chaos on Capitol Hill, during which Johnson tried and failed to comply with President-elect Donald Trump’s demands.

Trump and his billionaire campaign donors MuskTesla’s chief executive on Wednesday doomed an initially negotiated financing plan by harshly criticizing its terms, leaving Republicans scrambling for much of Thursday to find a funding package. replacement plan.

Read more CNBC politics coverage

Specifically, Trump insisted that any deal to keep the government open must include a two-year suspension of the U.S. debt ceiling. The limit is the most the federal government can borrow to cover its spending.

The debt ceiling is a heated debate that recurs every few years in Washington, and the minority party usually has a lot of influence. Trump appears eager to avoid that fight at the start of his second term.

But for many hardline conservative Republicans, authorizing the U.S. to borrow more money is a bridge too far.

That was evident on Thursday. billIt contained the basics of a government funding and debt ceiling increase, but was a resounding failure. Along with nearly all Democrats, 38 rank-and-file Republicans voted against it, after them Party leaders have publicly backed the deal.

If Friday’s effort to avert a government shutdown succeeds, it will remind Trump how difficult it is to control the notoriously fractious House Republican caucus.

This is a developing story, please check back for updates.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments