Editor's Pick

The Hitchhiker’s Guide to the House voting to avoid a government shutdown today

The House is poised to debate and vote on an interim spending bill to avoid a government shutdown early Saturday morning. 

This bill renews all Biden-era funding numbers. It also cuts the budget for Washington but allows the Pentagon to begin new programs and increases military pay. 

It is all about the math. The margin could be tight. That is why Vice President JD Vance is on Capitol Hill meeting with House Republicans behind closed doors at 9 a.m. ET. 

President Donald Trump unloaded last night on Rep. Thomas Massie, R-Ky., threatening a primary challenge. Massie is a hard no. 

The administration and House GOP leaders believe a shutdown would be catastrophic and interfere with adopting Trump’s agenda. 

House Democratic leaders oppose the package. They believe Republicans should pass the bill themselves since they didn’t negotiate with Democrats. However, House Minority Leader Hakeem Jeffries, D-N.Y., refused to answer when asked twice yesterday if all Democrats would vote nay. 

Democrats are somewhat torn. On the one hand, they believe a shutdown could impede DOGE. On the other, they fear that a shutdown could embolden Elon Musk to shutter programs that are closed. 

The vote comes today sometime after 4 p.m. ET. 

Even if the bill passes, the measure faces an unclear future in the Senate. Even if all 53 Senate Republicans vote yes, they need seven Democrats to break a filibuster. 

The deadline to fund the government comes at 11:59:59 p.m. ET Friday. 

This post appeared first on FOX NEWS

You May Also Like

Latest News

Not since LeBron James was drafted 20 years ago has there been this much excitement about an NBA prospect – as shown by the...

Editor's Pick

IoT Analytics published the Q1/2023 update of their “Global Cellular IoT Module and Chipset Market Tracker & Forecast” – an interactive dashboard and structured...

Latest News

Here’s a look at the life of Imelda Marcos, the former first lady of the Philippines. Wife of the late Ferdinand Marcos, who ruled...

Economy

This year marks the 78th anniversary of the atomic bombings of Hiroshima and Nagasaki. On August 6th, 1945 “Fat Man” instantly killed 80,000 of...

Disclaimer: Boostyoursavings.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 Boostyoursavings.com