• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy House to vote on $460 billion government funding package ahead of Friday shutdown deadline
Economy

House to vote on $460 billion government funding package ahead of Friday shutdown deadline

by March 6, 2024
by March 6, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

The House of Representatives is expected to take one step closer to ending a brutal, months-long fight over government funding on Wednesday with a vote on a nearly $460 billion spending package.

The 1,050-page bipartisan legislation is a package of six bills dealing with departments and agencies whose funding expires on Friday – Agriculture and the Food and Drug Administration (FDA); the Justice and Commerce Departments; Energy and Water Development; the Department of Interior; and Transportation and Housing.

Funding tied to Congress’ six remaining bills, which include the Department of Homeland Security and the Pentagon, expires on March 22.

If passed, the House will have made major strides toward ending a divisive chapter fueled by disagreements over how federal funds are spent. 

Much of the division has been led by GOP hardliners who have wielded outsize influence as a result of House Republicans’ razor-thin majority. House Freedom Caucus members and their allies have called for their leaders to leverage a government shutdown to force significant spending cuts and conservative policy measures. But many have dismissed these as dead on arrival by Democrats who control the Senate and White House.

It’s led to friction within the House GOP, with those hardliners lodging protest votes on procedural measures that have temporarily paralyzed the House floor. A small group of right-wing lawmakers joined all House Democrats last October to boot House Speaker Kevin McCarthy, R– Calif., from power, the first time in history a speaker was ousted, The move was precipitated by him working across the aisle to avoid a shutdown.

Those disagreements are the same reason House GOP leaders are bypassing traditional mechanisms to rush the bill to the floor under suspension of the rules – meaning the threshold for passage rises from a simple majority to two-thirds.

Because Republicans are operating under their slimmest House majority in modern history – just two seats – the decision guarantees that Democratic support will be necessary for passage.

Traditionally, any bill being considered for a House-wide vote would have to first go through the House Rules Committee, which sets parameters for amendments and debate. The full House then votes on the rules for debate – usually along partisan lines – before the final vote.

Before 2023, a rule vote had not failed in two decades. But GOP hardliners’ weaponization of them has led to House leaders skirting them altogether on must-pass bills. 

It’s left members of every faction of the House GOP frustrated, though they disagree about the blame.

‘The House Freedom Caucus is actively undermining the work of Congress. By [forcing] a bipartisan minibus package to be passed under suspension of the rules instead of a simple majority, these people have demonstrated that they have no real solutions… they just crave the spotlight,’ a senior House GOP aide told Fox News Digital.

Meanwhile, Rep. Scott Perry, R-Pa., said the lack of an amendment process that comes with suspending rules tells voters ‘their concerns don’t matter.’

‘Funding a runaway border and endangering our country is the ‘bipartisanship’ claim by those who continue voting to bankrupt our nation,’ Perry told Fox News Digital.

In comments made to reporters last week, House Freedom Caucus Chairman Bob Good, R-Va., suggested GOP leaders were working against their own interests by passing bills under suspension. He called the move ‘a terrible decision.’

‘There’s really no ability to block bills that are passed under suspension that the Democrats want passed,’ Good said. ‘I actually had a Democrat member tell me this morning, ‘We like it when you’re in charge because nothing changes, but you guys get all the blame.’’

If passed, the bill will have to go through the Senate and get President Biden’s signature to avoid a partial shutdown by the end of this week.

This post appeared first on FOX NEWS
You Might Also Like
  • Trump believes SCOTUS will ‘intervene’ in state ballots case, ‘will not take the vote away from the people’
  • WATCH: Protester derails Biden speech with demands for cease-fire in Gaza
  • Turkey’s Erdogan threatens to invade Israel over war in Gaza as regional tensions grow
  • Senate Minority Whip John Thune to endorse Tim Scott for president
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Trump dominating, Haley winning her first state round out top moments from Super Tuesday
next post
Please Follow Me Inside The Insiders

You may also like

2024 Cash Dash: Harris fundraising surge more than doubles Trump’s...

August 2, 2024

Edward Snowden calls on Biden to veto FISA renewal after...

April 21, 2024

GOP senators air ‘deep concerns’ over NPR bias, urge CEO...

April 30, 2024

Cruz defends comments about Obama, Iran and nuclear weapons, scolds...

June 14, 2023

African nation’s citizens vote in favor of new constitution solidifying...

December 25, 2023

‘New Cold War’: Lawmakers sound alarm on Cuba-China threat after...

July 4, 2024

Trump campaign raises $7.1 million in fundraising since mugshot was...

August 27, 2023

Nikki Haley doubles down on promise to send special ops...

August 28, 2023

Hamas releases more Israeli hostages on 6th day of cease-fire

November 30, 2023

Vance’s office doubles down ‘impeachment time bomb’ warning in foreign...

February 16, 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

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

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

      June 27, 2024 2,766 views
    • 2

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

      August 9, 2024 2,473 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,452 views
    • 4

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

      July 10, 2024 2,434 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,310 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    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

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    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

    Democrats have pathways to replace Biden...

    September 15, 2023

    Reporter’s Notebook: Embedded with the IDF...

    February 13, 2024

    Five areas could tell us a...

    March 6, 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