• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Shutdown standoff looms in Congress’ final weeks before Trump’s return to White House

by November 8, 2024
written by November 8, 2024

The tumultuous two years of the 118th Congress are likely to be capped by one more standoff over government spending.

House Majority Leader Steve Scalise, R-La., signaled to Fox News Digital that it was unlikely Republicans will move to kick fiscal 2025 federal funding discussions into the new year.

But he reiterated vows that House Republicans would fight against rolling all 12 annual appropriations bills into one large ‘omnibus’ package, setting up a possible showdown with Senate Democrats.

‘The ideal scenario would be we get an agreement for the remainder of the fiscal year,’ Scalise said.

He cited constraints on national security if Congress were to simply extend fiscal 2024 funding levels.

‘When you think about defense funding, it costs us money to have short-term funding bills when you cannot do long-term procurement, to buy the kind of long-range defense systems that we need to compete with China,’ Scalise said. ‘China is not operating on short-term spending bills, neither should we.’

Before recessing in September, House Republicans and Senate Democrats agreed to extend fiscal 2024 funding levels through what’s known as a continuing resolution (CR) to avoid a partial government shutdown at the end of the fiscal year on Sept. 30.

That bought congressional negotiators through Dec. 20 to hash out a deal.

At the time, several supporters of President-elect Donald Trump demanded that the CR run into the new year in the hopes a new Republican administration would take the reins, something opposed by senior GOP lawmakers and national security hawks.

If Republicans win the House in addition to the Senate and White House, Trump will have a say over how a GOP-controlled Congress handles spending in the fall next year. A number of House races remain undecided days after Tuesday’s general election.

Scalise also cited several other priorities, like the border crisis and extending tax cuts, that will take up much of the beginning of Trump’s term.

As for this year’s negotiations, however, both sides are still far apart.

House Republicans have accused Senate Democrats of slow-walking the process without having passed any of their own spending bills on the floor in a bid to force the GOP to swallow an end-of-year ‘omnibus’ with excess spending and little transparency.

Democrats have in turn criticized House Republicans’ spending bills, several of which passed the House floor, as pushing draconian cuts and conservative policies deemed ‘non-starters.’

‘We have a lot of conversations to have with our members about the best approach,’ Scalise said. ‘When we had left, we had already passed over 70% of the government funding bills through the House, and the Senate hadn’t passed any.’

‘We’re trying to get agreements on the individual bills. That’s why the House did our job … hopefully we can start getting those agreements when we return.’

Fox News Digital reached out to Senate Majority Leader Chuck Schumer, D-N.Y., about whether he anticipates an omnibus, which he has ushered through the Senate nearly every year he’s been majority leader, at the end of this year.

If an agreement is not reached by Dec. 20, the country could face a partial government shutdown just weeks before the new presidential administration.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump ally floated as possible AG has harsh warning for Letitia James: ‘We will put your fat a– in prison’
next post
Trump must be strong against China to keep the peace

related articles

Trump’s unpredictable Middle East moves actually follow a...

June 20, 2025

Iran talks with Europeans set for Friday; White...

June 20, 2025

Kurilla warfare: Meet the general leading US military...

June 19, 2025

US Ambassador to Israel Mike Huckabee indicates US...

June 19, 2025

US troops in the Middle East could face...

June 19, 2025

Mystery flights from China to Iran raise questions...

June 19, 2025

Israel’s ‘resounding’ military campaign against Iran could be...

June 19, 2025

Trump to make Iran decision ‘within the next...

June 19, 2025

Two men convicted in Pennsylvania mayoral race election...

June 19, 2025

Flaring Iran nuclear crisis provides first major test...

June 19, 2025
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!

Latest News

  • Trump HHS nominee RFK Jr returns to Capitol Hill for round 2 after heated first day of hearings

    January 30, 2025
  • Experts predict Trump will tap his own appellate judges for Supreme Court in the event of a retirement

    November 10, 2024
  • Immersive entertainment company Cosm lands rights to broadcast NFL games

    October 29, 2024
  • Best gold stocks and ETFs to buy as its price surges

    April 22, 2025
  • Red Lobster cleared to exit Chapter 11 bankruptcy

    September 6, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,006)
  • Investing (634)
  • Stock (809)

Latest Posts

  • EURGBP and EURCHF: EURGBP has a chance for a recovery

    September 2, 2024
  • CIA director says China is #1 priority, poses biggest challenge from adversary in US history

    April 17, 2025
  • ‘Sick puppy’ Tim Walz should never have been on Dems’ 2024 ticket, Trump says

    June 5, 2025

Recent Posts

  • Trump posts ‘how it’s going’ message contrasting Time Person of the Year cover with mugshot

    December 14, 2024
  • ‘Tipping the scales’: House GOP leaders rip ActBlue after Dem fundraising giant hit with subpoena

    October 31, 2024
  • Hegseth interrupted by multiple protesters during Senate confirmation hearing

    January 14, 2025

Editor’s Pick

  • Rubio reveals obscure Biden administration office kept ‘disinformation’ dossier on Trump official

    April 30, 2025
  • Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

    May 25, 2025
  • DOGE says it’s referred dozens of potential voter fraud cases to DOJ

    May 1, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock