• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Lawmakers brace for brutal new government spending fight on heels of last shutdown battle
Economy

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

by March 25, 2024
by March 25, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

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
You Might Also Like
  • ‘Is this a joke?’: Rashida Tlaib furious at Blinken for celebrating Geneva Conventions anniversary
  • AI ‘voice clone’ scams increasingly hitting elderly Americans, senators warn
  • TikTok insiders slam alleged bias against pro-Israel posts claim company: ‘serve Hamas’ narrative’
  • DHS refuses to release data on illegal immigrants’ cartel ties, citing privacy concerns
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Former Justice Breyer throws cold water on theory Dobbs leak came from a justice: ‘I’d be amazed’
next post
Consumer advocates, realtors hail NAR settlement: What it means for buyers and sellers

You may also like

McCarthy’s speakership in peril after House passes stopgap funding bill:...

October 1, 2023

GREG GUTFELD: Biden is like ‘the mad King, a senile...

July 10, 2024

Donors frustrated at DeSantis’ inability to gain traction, take ‘hard...

November 3, 2023

AOC maintained up to $50K in student loan debt while...

August 16, 2023

‘Greatest threat’: Former top Kamala Harris aide reveals which Trump...

June 17, 2024

Iran foreign minister warns ‘preemptive action’ against Israel expected within...

October 18, 2023

Top five moments from Secret Service director’s hours-long grilling after...

July 23, 2024

Jill Biden gets lesion removed from eyelid, deemed noncancerous

January 19, 2023

Activists demand higher payments from California reparations task force: ‘$200...

May 7, 2023

Leveraging ChatGPT for enhanced trading strategies

September 13, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,630 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,320 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,302 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Disclaimer: RoundTableThoughts.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 © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Pentagon threatens North Korean soldiers will...

    June 26, 2024

    Fetterman says US should ‘take back’...

    September 28, 2023

    House hearing exposes Biden FDA ‘politicization,’...

    June 27, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here