Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
No Result
View All Result
Home Politics

Congress faces steep climb to avoid government shutdown less than two weeks away

November 5, 2023
in Politics
Congress faces steep climb to avoid government shutdown less than two weeks away
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Concerns about a partial government shutdown are growing more realistic as Congress finishes another week just as far apart on federal spending as they were at the beginning of the fiscal year on Oct. 1.

Lawmakers narrowly avoided shutting down the government on Sept. 30 when the House and Senate both rushed to pass a temporary extension of the previous year’s funding priorities, known as a continuing resolution (CR). That measure expires Nov. 17.

Each chamber of Congress took steps to advance government funding in its own way. The House passed two more appropriations bills for a total of seven out of 12 done, while the Senate passed its first three in a combined ‘minibus’ bill.

But that’s where the problems are expected to begin. The Senate and House are at least $120 billion apart in how much they want to spend on government funding as a whole. 

The upper chamber is working toward a topline set in the bipartisan deal to raise the debt limit earlier this year. House conservatives, meanwhile, have pushed their chamber for deeper cuts. 

Moreover, House Speaker Mike Johnson, R-La., told Fox News Digital last week that the House and Senate would be at an ‘impasse’ if Majority Leader Chuck Schumer, D-N.Y., pushed the House to take up his minibuses or an omnibus with all 12 bills. 

There is little chance of the two chambers coming to an agreement by Nov. 17, meaning a new CR will likely be needed. 

Johnson suggested a ‘laddered’ CR approach might be needed. When Congress passes one of its 12 spending bills, agencies and departments covered by that bill would be funded at that new level. Until then, they would remain at the previous year’s spending levels. 

Rep. Chip Roy, R-Texas, explained when asked by Fox News Digital on Friday, ‘What we really mean is, have certain elements expire at a certain date, certain elements expire at a different date.’

‘The reason is trying to force action in this time, right? If we just kick the can down the road and we do a CR to — pick a number, March 31, or something — what the hell do you think these guys are going to do? They’re going to sit around and not do stuff. And they’ll wait until March 20 and try to do pressure politics,’ Roy said. 

House Minority Leader Hakeem Jeffries, D-N.Y., tore into the idea at a Friday press conference. 

‘This notion of a so-called laddered CR… the novelty of my friends on the other side of the aisle in terms of how they come up with language that disguise their intention,’ Jeffries said. ‘Translation, they want to shut the government down because many of my Republican colleagues fundamentally do not believe in a functional federal government.’

But lawmakers on both sides of the aisle told Fox News Digital they were optimistic that Congress would again avoid a shutdown. 

‘I’m optimistic that we’re not going to; I think that the public will blame Republicans. In my time here, they’ve always blamed Republicans for the government shutting down,’ said Rep. Richard Neal, D-Mass., the top Democrat on the House Ways & Means Committee. ‘And I think Republicans that have been here for a while, they know that.’

Main Street Caucus Vice Chair Stephanie Bice, R-Okla., said Congress would avoid a shutdown because the House GOP ‘is looking at putting something together that will avoid that, but also achieve some of the objectives that we’ve been looking at as a conference, including reducing spending.’

Elizabeth Elkind is a reporter for Fox News Digital focused on Congress as well as the intersection of Artificial Intelligence and politics. Previous digital bylines seen at Daily Mail and CBS News.

Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com

This post appeared first on FOX NEWS

Previous Post

5 Top Weekly TSX Stocks: Copper Miner Taseko Rises on Q3 Results

Next Post

Nancy Mace previews House hearing on AI deepfakes

Next Post
Nancy Mace previews House hearing on AI deepfakes

Nancy Mace previews House hearing on AI deepfakes

    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 News

    The answer to this question is key after Trump’s strike on Iran

    The answer to this question is key after Trump’s strike on Iran

    June 23, 2025
    How badly have US strikes damaged Iran’s nuclear facilities? Here’s what to know

    How badly have US strikes damaged Iran’s nuclear facilities? Here’s what to know

    June 23, 2025
    Trump’s Iran strike is a huge win for Netanyahu but the endgame is as unclear as ever

    Trump’s Iran strike is a huge win for Netanyahu but the endgame is as unclear as ever

    June 23, 2025
    Suicide bomber attack on church in Syria kills at least 20 people

    Suicide bomber attack on church in Syria kills at least 20 people

    June 23, 2025
    Disclaimer: bankstreetjournal.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.

    Popular

    UK to build new attack submarines and ramp up ‘war-fighting readiness’ with an eye on Russia, Starmer says

    UK to build new attack submarines and ramp up ‘war-fighting readiness’ with an eye on Russia, Starmer says

    June 3, 2025

    Hundreds of starving Palestinians storm Gaza food warehouse in deadly incident, says UN agency

    Hundreds of starving Palestinians storm Gaza food warehouse in deadly incident, says UN agency

    May 29, 2025

    Recent News

    The answer to this question is key after Trump’s strike on Iran

    The answer to this question is key after Trump’s strike on Iran

    June 23, 2025
    How badly have US strikes damaged Iran’s nuclear facilities? Here’s what to know

    How badly have US strikes damaged Iran’s nuclear facilities? Here’s what to know

    June 23, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • World
    • Investing

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved