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Passages

(1,430 posts)
Wed Dec 18, 2024, 05:40 PM Dec 18

Johnson considers plan B amid Trump World opposition to spending deal

by Mychael Schnell - 12/18/24 4:08 PM ET


Speaker Mike Johnson (R-La.) is looking at a plan B to fund the government ahead of Friday’s shutdown deadline as Republicans inside and outside the Capitol, including President-elect Trump and his allies, slam his spending package.

The back-up option Johnson is examining is a “clean” continuing resolution, two sources familiar with the matter told The Hill. That would entail dropping the additional provisions that were included in the initial 1,500-page spending package negotiated by congressional leaders, including disaster aid and economic assistance for farmers.

Late in the afternoon, Trump and Vice President-elect Vance waded into the fray, slamming the bipartisan bill negotiated by Johnson and calling for a “streamlined” spending stopgap combined with an increase in the debt ceiling.

“Increasing the debt ceiling is not great but we’d rather do it on Biden’s watch. If Democrats won’t cooperate on the debt ceiling now, what makes anyone think they would do it in June during our administration?” the two said in a statement. “Let’s have this debate now. And we should pass a streamlined spending bill that doesn’t give Chuck Schumer and the Democrats everything they want.”
https://thehill.com/homenews/house/5047285-mike-johnson-spending-plan-b/

Unreal.

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walkingman

(8,551 posts)
1. Not for the E15 portion of the bill, which we need like a "hole in the head" but we don't need to shutdown the Gov.
Wed Dec 18, 2024, 05:44 PM
Dec 18

Girard442

(6,434 posts)
2. Disaster aid and economic assistance for farmers.
Wed Dec 18, 2024, 05:51 PM
Dec 18

Sucks when he doesn't need your votes anymore, doesn't it?

Dem4life1234

(2,006 posts)
7. I don't feel one but sorry
Thu Dec 19, 2024, 04:10 PM
Dec 19

They had a chance to vote Democrat, Democrats take care of them.

But their bigotry wouldn't let them!

kysrsoze

(6,176 posts)
3. The one thing I'm gonna love over at least the next 2 years, is watching them fail and backbite each other.
Wed Dec 18, 2024, 05:59 PM
Dec 18

Screw them all.

Passages

(1,430 posts)
5. Democrats Allow More IRS Funding to Fade Away
Wed Dec 18, 2024, 06:43 PM
Dec 18
Concessions from the 2023 debt ceiling fight continue to haunt Democrats, and tax cheats could enjoy hundreds of billions in savings.

by Dylan Gyauch-Lewis December 18, 2024

The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org.

For the second straight year, President Biden and the Democrats are poised to sacrifice a significant chunk of one of their biggest accomplishments: funding for the IRS to go after wealthy tax cheats. With the latest maneuver, more than 90 percent of the money invested to scale up IRS auditing and oversight could be gone before it can even be used. Yet again, Democrats seem to have been outplayed by Republican leadership.


Revolving Door Project.jpg
In 2023, to appease then-Speaker Kevin McCarthy and get an extension of the debt limit, Biden agreed to an untenable set of spending caps for fiscal years 2024 and 2025 in what became known as the Fiscal Responsibility Act (FRA). In order to keep spending levels roughly flat in nominal terms (which, due to inflation, is functionally a cut in actual spending power), Biden also struck a “side deal” allowing Republicans to claw back $20.2 billion of the $46 billion in Internal Revenue Service enforcement funds provided by the Inflation Reduction Act (IRA), on top of $1.4 billion already sacrificed in the main FRA deal. In budget-speak, this is called a “rescission.

https://prospect.org/politics/2024-12-18-democrats-allow-more-IRS-funding-fade-away/
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