Budget planner bi weekly with calendar4/10/2024 Their efforts, however, have so far fallen short. The deal on a government funding framework, a critical first step quietly negotiated by Schumer and Johnson’s staffs, comes after House conservatives spent the better part of last year trying to undo the budget totals established by last summer’s bipartisan debt ceiling accord.Ĭonservatives have fought for months to deeply slash spending beyond the bipartisan funding levels Biden and McCarthy negotiated, even ousting McCarthy from the speakership in part for cutting that deal with Democrats. We control the money,’ wins out the day.” “And then the sentiment of … ‘We’ll shut the government down. “History has shown us that leadership can work in good faith, and then they go into a raucous conference room after a trip to the border,” said the OMB director, who previously served as the House’s top appropriations aide. “So while I think leadership understands this is a bad path, the question is: Can they hold back the floodgates?” Young told reporters during an event hosted by the Christian Science Monitor on Friday. White House budget director Shalanda Young said GOP leaders have been “working in good faith to prevent a shutdown.” But she predicted Johnson is likely to face revolt within his conference, complicating endgame negotiations and increasing the odds of a funding lapse. Money to offset changes to mandatory programs will also stay steady, at $15 billion, instead of the $25 billion agreed to under the debt accord. Johnson was also successful at hacking away at the side agreement negotiated alongside the debt limit deal, by ensuring emergency funding stays at the current level of $12.5 billion, rather than $23 billion. But it’s being frontloaded to this year, rather than two tranches of $10 billion, and Republican leaders say they will seek to trim more during other funding negotiations. The clawback of tax enforcement funding was already agreed to under the debt limit deal. In an effort to appease Republicans, both sides agreed to rescind more than $6 billion in unspent pandemic aid, plus more than $20 billion for IRS enforcement. Johnson also forecast partisan clashes in the coming weeks on policy issues like funding for abortion, saying in his letter that the agreement gives GOP leaders “a path” to “fight for the important policy riders” included in the funding bills House Republicans have drafted. A shutdown remains very possible, with a host of thorny policy issues for congressional leaders to work through in extremely limited time, including conservative demands to attach GOP border reforms to spending legislation and Republican ultimatums holding up Biden’s separate request for more than $100 billion to aid Ukraine, Israel and Taiwan. ![]() Funding for the rest of the government, including the biggest domestic programs and the Pentagon, runs out on Feb. Lawmakers will have to work incredibly fast - federal cash for the departments of Agriculture, Transportation, Energy, Veterans Affairs and more expires on Jan. The speaker acknowledged that the funding levels “will not satisfy everyone, and they do not cut as much spending as many of us would like.” But he called the deal “the most favorable budget agreement Republicans have achieved in over a decade,” noting that the bipartisan accord will allow GOP lawmakers to put their mark on federal budgets, rather than running the government on the “Schumer-Pelosi” deal struck before Republicans claimed the House majority last year. ![]() In a letter to House lawmakers on Sunday, Johnson celebrated $16 billion in extra spending cuts he negotiated beyond the terms of the debt agreement, for a total of $30 billion less than Senate lawmakers sought in the funding bills they have drafted. Military programs would see about a 3 percent increase.ĭuring a private briefing call, Schumer told Senate Democrats, “It’s a good deal for Democrats and the country.” Publicly, Biden said the accord moves leaders “one step closer” to thwarting “a needless shutdown.”īut the agreement is far higher than fiscal conservatives have demanded, raising the specter of a funding lapse and risking the House speaker’s good standing among his conference. ![]() Non-defense budgets would remain roughly flat, amounting to a less than 1 percent decrease compared to current funding.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |