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Last post 3 months ago by 8trackdisco. 20 replies replies.
Mike Johnson Sticks With Budget Deal, Rebuffing GOP Hard-Liners[
rfenst Offline
#1 Posted:
Joined: 06-23-2007
Posts: 39,330
House speaker has faced criticism from colleagues about $1.66 trillion top-line agreement with Democrats


WSJ

WASHINGTON—House Speaker Mike Johnson (R., La.) said that he was sticking for now with a budget deal he struck with Senate Majority Leader Chuck Schumer (D., N.Y.) setting top-line fiscal 2024 spending levels at $1.66 trillion, siding with the faction of the GOP conference that favors more robust military spending over a hard-line group pushing for deeper cuts.

The decision comes at a critical juncture, as Johnson has faced criticism from the small but outspoken bloc of GOP conservatives over the deal. Any changes by Johnson would have risked derailing efforts with Democrats to keep the government funded past the coming deadlines of Jan. 19 for some parts of the government and Feb. 2 for the rest.

Following the final vote of the week, Johnson addressed reporters. He said he had spoken with many GOP lawmakers and that “our top-line agreement remains. We are getting our next steps together, and we are working towards a robust appropriations process. So stay tuned for all of that.”

His comments increased the chances that the House speaker would put on the floor another stopgap measure to avoid a partial government shutdown. But it also opens up the possibility of ripple effects within the House Republican conference, where some of the same lawmakers who pushed out House Speaker Kevin McCarthy (R., Calif.) over the spending bills he put on the floor are now suggesting that Johnson himself could be on thin ice.

Johnson has spent the past two days meeting with antispending conservatives and pro-military Republican hawks behind closed doors, essentially forcing the group supporting deeper cuts to confront the reality of broad support within the Republican conference for more military spending.

Under an approach favored by the spending hawks, the speaker would put on the floor a measure to continue funding the government in fiscal 2024 at the same levels and on the same priorities.

Doing a full-year continuing resolution, as it is called, would trigger a provision of the Fiscal Responsibility Act, last year’s debt-ceiling deal, for across-the-board cuts in discretionary spending. Military spending for all of fiscal 2024 would total $850 billion, well below the $886 billion specified by the top-line agreement that Johnson and Schumer reached earlier this week. It would also mandate deep cuts in nonmilitary spending, which Democrats oppose.

While some lawmakers had questioned whether Johnson should remain speaker if he is unable to force through more GOP priorities, others played down that notion. Rep. Bob Good (R., Va.), chairman of the hardline House Freedom Caucus, told CNN he continued to “vehemently” oppose the current deal but said it was a “ridiculous supposition” that Johnson’s job be in danger over it.

Some Republicans were determined not to let Johnson’s statement be the final word on the matter, and lawmakers began pitching him on new plans within minutes after Johnson outlined his path forward. In particular, some Republicans have begun shifting their fight for border-security provisions to the government spending bill, concluding that the threat of shutting down the government will give them the greatest leverage in their quest to stanch the flow of migrants at the border.

“We’re going to put a strategy forward that puts us in the driver’s seat rather than accepting whatever the Senate does,” said Rep. Kat Cammack (R., Fla.), who is proposing that the House put together a package containing border-security measures. “We’re going to secure the damn border because that is what the American people expect.”

Democrats and the White House said they assume Johnson will stick to the deal.

“We have an agreement, and the Republicans have to keep their word and stop trying to shut down the government,” White House spokesman Andrew Bates said aboard Air Force One.


Gene363 Offline
#2 Posted:
Joined: 01-24-2003
Posts: 30,819
Another DC Uni-party member.
deadeyedick Offline
#3 Posted:
Joined: 03-13-2003
Posts: 17,097
McCarthy lite.
ZRX1200 Offline
#4 Posted:
Joined: 07-08-2007
Posts: 60,614
He doesn’t have much leeway, and courage of convictions is an endangered species in swampland.
Abrignac Offline
#5 Posted:
Joined: 02-24-2012
Posts: 17,278
I’m trying to figure out what alternatives are an available. Republican attempts to shut down the government to force spending cuts has never worked. Why should it work now?
RayR Offline
#6 Posted:
Joined: 07-20-2020
Posts: 8,892
I thought scare tactics like shutting down the government if Congress isn't allowed to continue its spending spree no longer works..
Does anybody still believe that nonsense that the federal government would shut down if the Republicans didn't cave to the Democrats?
The problem is neither the big-spending Democrats nor the big-spending Republicans are willing to give up their big-spending pet projects that continue the march of bipartisan insolvency.
deadeyedick Offline
#7 Posted:
Joined: 03-13-2003
Posts: 17,097
Doesn't really matter who has the credit card in hand. Last I noticed both Trump and Biden couldn't get a HELOC from Wells Fargo with their spending records.
RayR Offline
#8 Posted:
Joined: 07-20-2020
Posts: 8,892
deadeyedick wrote:
Doesn't really matter who has the credit card in hand. Last I noticed both Trump and Biden couldn't get a HELOC from Wells Fargo with their spending records.


Yep, no question about it based on past performance.


rfenst Offline
#9 Posted:
Joined: 06-23-2007
Posts: 39,330
I think there were more than enough votes from each side to make this deal easily work. Those at the extremes no longer have anything to protest effectively with. Republicans at the extreme end of the spectrum lost their leverage when they kicked out McCarthy. Extreme Democrats were neutralized too.
HockeyDad Offline
#10 Posted:
Joined: 09-20-2000
Posts: 46,134
So another $1.7 trillion added to the national debt?
RiverRatRuss Offline
#11 Posted:
Joined: 09-02-2022
Posts: 1,035
This post is Depressing!!! d'oh! d'oh! Brick wall
RayR Offline
#12 Posted:
Joined: 07-20-2020
Posts: 8,892
RiverRatRuss wrote:
This post is Depressing!!! d'oh! d'oh! Brick wall


It can't be anything else, the bipartisan Titanic is still sailing at full speed toward the iceberg. 🚢
ZRX1200 Offline
#13 Posted:
Joined: 07-08-2007
Posts: 60,614
Spending = OK

Tax cuts = The Devil

Got it……I’m making a list of who to not take seriously in adult conversations.
RayR Offline
#14 Posted:
Joined: 07-20-2020
Posts: 8,892
ZRX1200 wrote:
Spending = OK

Tax cuts = The Devil

Got it……I’m making a list of who to not take seriously in adult conversations.


Me too. I've been taking notes
Abrignac Offline
#15 Posted:
Joined: 02-24-2012
Posts: 17,278
ZRX1200 wrote:
Spending = OK

Shame on you

Tax cuts = The Devil

At the moment, yep!

Got it……I’m making a list of who to not take seriously in adult conversations.


Eliminate all of the debt before cutting one cent of taxes.

We start by cutting spending to a level that is equal to tax revenue. To that amount we cut whatever is needed to amortize the national debt within a specified time frame. Once the debt is fully retired cut taxes to a point that revenue equals annual spending. No more no less.

Hard for one to be believed if that person is saying they are for tax cuts while at the same time that person is also moaning about the debt. Those two items are mutually exclusive of each other.

But, there are those who would argue it’s ok to use leverage as it contributes to greater productivity. The problem is that neither Congress nor the President de jour has demonstrated sound fiscal discipline in the past. So why let either of them keep steering this train until it runs head first over a cliff.

If bankers want some benchmark to set borrowing rates let them come up with their own. Loans are pretty much a commodity so let the markets weed out the ones who overprice.
Mr. Jones Offline
#16 Posted:
Joined: 06-12-2005
Posts: 19,425
The ORAL ROBERTS UNIVERSITY FRAT BOY WITH CLARK KENT TURTLE SHELL GLASSES and slickded backed gel pompadore hair...
"SELLS OUT THE CHRISTIan rrrrriiiiiggggghhhhttttt...
8trackdisco Offline
#17 Posted:
Joined: 11-06-2004
Posts: 60,078
ZRX1200 wrote:
He doesn’t have much leeway, and courage of convictions is an endangered species in swampland.


The courage is probably part of the problem. Best I can say about the Conservative Eight Squad is they are representing their fire breathing constituents. Everyone else is repping their lobbyists.
8trackdisco Offline
#18 Posted:
Joined: 11-06-2004
Posts: 60,078
deadeyedick wrote:
Doesn't really matter who has the credit card in hand. Last I noticed both Trump and Biden couldn't get a HELOC from Wells Fargo with their spending records.


Bam!
8trackdisco Offline
#19 Posted:
Joined: 11-06-2004
Posts: 60,078
HockeyDad wrote:
So another $1.7 trillion added to the national debt?


Knew it was around a trillion in debt each time the government shuts down.

Is 1.7 trillion the updated number?
8trackdisco Offline
#20 Posted:
Joined: 11-06-2004
Posts: 60,078
ZRX1200 wrote:
Spending = OK

Tax cuts = The Devil

Got it……I’m making a list of who to not take seriously in adult conversations.


Much more complicated than that, isn’t it?

If we stopped the excess spending (whatever that means):we’d have to raise taxes 35 trillion dollars to break even.

How can we afford to cut taxes?
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