On Thursday, Republican lawmakers reportedly developed a brand new proposal aimed toward funding the federal government and avoiding a possible shutdown by Friday evening’s deadline, in keeping with The New York Instances.
On Thursday evening, the proposal failed within the Home.
The most recent proposal would have prolonged authorities funding at its present stage by the center of March and droop the debt ceiling for 2 years.
Trump instantly endorsed the stopgap invoice on his Reality Social platform, calling it a “SUCCESS in Washington” and urging each Republicans and Democrats to vote for it.
“Speaker Mike Johnson and the House have come to a very good Deal for the American People,” Trump wrote. “The newly agreed to American Relief Act of 2024 will keep the Government open, fund our Great Farmers and others, and provide relief for those severely impacted by the devastating hurricanes. A VERY important piece, VITAL to the America First Agenda, was added as well – The date of the very unnecessary Debt Ceiling will be pushed out two years, to January 30, 2027.”
But Minority Chief Hakeem Jeffries opposed Trump’s push to boost the debt ceiling, posting Thursday morning, “GOP extremists want House Democrats to raise the debt ceiling so that House Republicans can lower the amount of your Social Security check. Hard pass.”
In a while Thursday, Jeffries informed journalists, “The Trump-Musk-Johnson proposal [is] laughable.”
The Hill reported that the laws would additionally embrace an estimated $100 billion in catastrophe aid and $10 billion for farmer help—roughly the identical quantities because the proposal earlier this week. Citing considered one of its nameless sources, The Hill additionally stated that “reforms to the pharmacy benefit manager industry were stripped from the package.”
Home Democrats met with their management within the afternoon to debate whether or not to help the GOP’s bundle earlier than the night vote. However prospects appeared dim, with one Jeffries ally, Rep. Gregory Meeks of New York, calling the brand new plan “madness.”
After the vote failed Thursday evening, Home Speaker Mike Johnson indicated he would attempt once more to go the invoice earlier than Friday’s deadline. Whereas the end result stays unsure, each side are gearing up for a dramatic showdown within the remaining hours earlier than Friday evening’s deadline.
Editor’s word: This story has been up to date to mirror that the invoice did not go within the Home.
