American Financial Live
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
American Financial Live
No Result
View All Result
Home Latest News

What to expect as Republicans try to salvage spending package, avoid government shutdown

by
December 19, 2024
in Latest News
0
What to expect as Republicans try to salvage spending package, avoid government shutdown

The revolt by conservatives and the sudden infusion into negotiations of President-elect Donald Trump, Vice President-elect JD Vance and Elon Musk has House Speaker Mike Johnson and others struggling to find a way out of their political cul-de-sac and avoiding a government shutdown at 12:00:01 a.m. ET Saturday. 

Fox News is told that Trump’s unexpected demand to tackle the debt ceiling in this package has complicated matters exponentially. Many conservatives won’t vote for any debt ceiling increase. And Democrats are balking because Republicans reneged on the deal. 

Democrats have bailed out majority Republicans on every major fiscal bill this Congress. They appear to be done with helping Republicans.

Moreover, there may not be enough time to avoid a shutdown, especially if a new bill is to be produced – and conservatives demand that it lay fallow for three days before voting. 

That does not even address getting it through the Senate.

Many members with whom Fox News spoke Wednessday night are now resigned to a very high chance of a government shutdown – perhaps one which bleeds through Christmas. There simply isn’t a combination of votes that unlocks this puzzle yet.

Congress also hasn’t addressed disaster aid. Some conservatives are opposed to that for North Carolina and Florida without offsets. The fate of assistance after Hurricanes Helene and Milton is now in serious limbo.

This post appeared first on FOX NEWS
Tags: Featured
Previous Post

DOGE Caucus leader Joni Ernst eyes relocation out of DC for third of federal workers

Next Post

Biden sets economy-wide climate target: reducing emissions 66 percent in 2035 from 2005 levels

Next Post
Biden sets economy-wide climate target: reducing emissions 66 percent in 2035 from 2005 levels

Biden sets economy-wide climate target: reducing emissions 66 percent in 2035 from 2005 levels

Enter Your Information Below To Receive Trading Ideas and Latest News

    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!

    Popular News

    DOJ releases former Special Counsel Jack Smith’s report on investigation into Trump election interference case

    DOJ releases former Special Counsel Jack Smith’s report on investigation into Trump election interference case

    January 14, 2025
    ‘Waste less, save more’: DOGE caucus member rolls out expansive bill package ahead of Trump inauguration

    ‘Waste less, save more’: DOGE caucus member rolls out expansive bill package ahead of Trump inauguration

    January 14, 2025
    Most Americans rate Biden as ‘failed’ or ‘fair’ president: new poll

    Most Americans rate Biden as ‘failed’ or ‘fair’ president: new poll

    January 14, 2025

    About American Financial Live

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Latest News

    • DOJ releases former Special Counsel Jack Smith’s report on investigation into Trump election interference case
    • ‘Waste less, save more’: DOGE caucus member rolls out expansive bill package ahead of Trump inauguration
    • #29193 (no title)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2025 americanfinanciallive.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 americanfinanciallive.com | All Rights Reserved