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Congressional leaders announce agreement on topline spending levels, a key step to averting shutdown

Congressional leaders announce agreement on topline spending levels, a key step to averting shutdown
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Congressional leaders announce agreement on topline spending levels, a key step to averting shutdown
Congressional leaders have reached an agreement on topline spending levels for the current fiscal year that could help avoid a partial government shutdown later this month.The agreement largely hues to spending caps for defense and domestic programs that Congress set as part of a bill to suspend the debt limit until 2025. But it does provide some concessions to House Republicans who viewed the spending restrictions in that agreement as insufficient.In the video player above: Senate Majority Leader Chuck Schumer, on Jan. 3, said he was hopeful that a shutdown could be avoidedIn a letter to colleagues, House Speaker Mike Johnson said Sunday it will secure $16 billion in additional spending cuts from the previous agreement brokered by then-Speaker Kevin McCarthy and President Joe Biden and is about $30 billion less than what the Senate was considering."This represents the most favorable budget agreement Republicans have achieved in over a decade," Johnson writes.Biden said the agreement "moves us one step closer to preventing a needless government shutdown and protecting important national priorities.""It reflects the funding levels that I negotiated with both parties and signed into law last spring. It rejects deep cuts to programs hardworking families count on, and provides a path to passing full-year funding bills that deliver for the American people and are free of any extreme policies," Biden said in a statement.The agreement speeds up the roughly $20 billion in cuts already agreed to for the Internal Revenue Service and rescinds about $6 billion in COVID relief funds that had been approved but not yet spent, according to Johnson's letter.바카라 게임 웹사이트It바카라 게임 웹사이트s a good deal for Democrats and the country," Senate Majority Leader Chuck Schumer told colleagues in a briefing call.Essentially, Democrats see the trade-offs they made as mild. In a description provided to reporters, they said the COVID savings would have 바카라 게임 웹사이트no significant impact on any current projects or activities in motion." And they said that moving all of the $20.2 billion in IRS cuts to this year instead of over two years would still leave the agency able to maintain 바카라 게임 웹사이트critical investments바카라 게임 웹사이트 that Congress provided in 2022. At the time, Congress provided the IRS with an additional $80 billion that could be spent over 10 years.Overall, the agreement calls for $886 billion in defense funding. It would provide $772 billion in domestic, non-defense spending, when including $69 billion called for in a side deal to the debt ceiling bill that McCarthy had reached with the White House, Democrats said.The most conservative House Republicans opposed the earlier debt ceiling agreement and even brought House proceedings to a halt for a few days to show their displeasure. Many were surely wanting additional concessions, but Democrats have been insistent on abiding by the debt ceiling agreement바카라 게임 웹사이트s spending caps, leaving Johnson in a difficult spot.바카라 게임 웹사이트It's even worse than we thought,바카라 게임 웹사이트 the House Freedom Caucus said of the agreement in a tweet posted on X. 바카라 게임 웹사이트This is total failure.바카라 게임 웹사이트Lawmakers needed an agreement on overall spending levels so that appropriators could write the bills that set line-by-line funding for agencies. Funding is set to lapse Jan. 19 for some agencies and Feb. 2 for others.The agreement is separate from the negotiations that are taking place to secure additional funding for Israel and Ukraine while also curbing restrictions on asylum claims at the U.S. border.In a joint statement, Senate Majority Leader Chuck Schumer and House Democratic leader Hakeem Jeffries also voiced their support for the agreement.바카라 게임 웹사이트It will also allow us to keep the investments for hardworking American families secured by the legislative achievements of President Biden and Congressional Democrats,바카라 게임 웹사이트 Schumer and Jeffries said.But they also warned House Republicans about trying to add conservative policy riders to the bills in the coming days, saying Democrats would not support "poison pill policy changes in any of the twelve appropriations bills put before the Congress.바카라 게임 웹사이트Rep. Patrick McHenry, who helped lead the debt ceiling negotiations when McCarthy was speaker, noted that two-thirds of both parties in the House supported that agreement.바카라 게임 웹사이트This deal, which adheres to that framework, deserves equally as robust support,바카라 게임 웹사이트 McHenry said.Senate Republican leader Mitch McConnell, R-Ky., tweeted that he was encouraged that leaders identified a 바카라 게임 웹사이트path toward completing바카라 게임 웹사이트 the spending bills. It was a cautious recognition that some obstacles could lie ahead.바카라 게임 웹사이트America faces serious national security challenges, and Congress must act quickly to deliver the full-year resources this moment requires,바카라 게임 웹사이트 McConnell said.

Congressional leaders have reached an agreement on topline spending levels for the current fiscal year that could help avoid a partial government shutdown later this month.

The agreement largely hues to spending caps for defense and domestic programs that Congress set as part of a bill to suspend the debt limit until 2025. But it does provide some concessions to House Republicans who viewed the spending restrictions in that agreement as insufficient.

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In the video player above: Senate Majority Leader Chuck Schumer, on Jan. 3, said he was hopeful that a shutdown could be avoided

In a letter to colleagues, House Speaker Mike Johnson said Sunday it will secure $16 billion in additional spending cuts from the previous agreement brokered by then-Speaker Kevin McCarthy and President Joe Biden and is about $30 billion less than what the Senate was considering.

"This represents the most favorable budget agreement Republicans have achieved in over a decade," Johnson writes.

Biden said the agreement "moves us one step closer to preventing a needless government shutdown and protecting important national priorities."

"It reflects the funding levels that I negotiated with both parties and signed into law last spring. It rejects deep cuts to programs hardworking families count on, and provides a path to passing full-year funding bills that deliver for the American people and are free of any extreme policies," Biden said in a statement.

The agreement speeds up the roughly $20 billion in cuts already agreed to for the Internal Revenue Service and rescinds about $6 billion in COVID relief funds that had been approved but not yet spent, according to Johnson's letter.

바카라 게임 웹사이트It바카라 게임 웹사이트s a good deal for Democrats and the country," Senate Majority Leader Chuck Schumer told colleagues in a briefing call.

Essentially, Democrats see the trade-offs they made as mild. In a description provided to reporters, they said the COVID savings would have 바카라 게임 웹사이트no significant impact on any current projects or activities in motion." And they said that moving all of the $20.2 billion in IRS cuts to this year instead of over two years would still leave the agency able to maintain 바카라 게임 웹사이트critical investments바카라 게임 웹사이트 that Congress provided in 2022. At the time, Congress provided the IRS with an additional $80 billion that could be spent over 10 years.

Overall, the agreement calls for $886 billion in defense funding. It would provide $772 billion in domestic, non-defense spending, when including $69 billion called for in a side deal to the debt ceiling bill that McCarthy had reached with the White House, Democrats said.

The most conservative House Republicans opposed the earlier debt ceiling agreement and even brought House proceedings to a halt for a few days to show their displeasure. Many were surely wanting additional concessions, but Democrats have been insistent on abiding by the debt ceiling agreement바카라 게임 웹사이트s spending caps, leaving Johnson in a difficult spot.

바카라 게임 웹사이트It's even worse than we thought,바카라 게임 웹사이트 the House Freedom Caucus said of the agreement in a tweet posted on X. 바카라 게임 웹사이트This is total failure.바카라 게임 웹사이트

Lawmakers needed an agreement on overall spending levels so that appropriators could write the bills that set line-by-line funding for agencies. Funding is set to lapse Jan. 19 for some agencies and Feb. 2 for others.

The agreement is separate from the negotiations that are taking place to secure additional funding for Israel and Ukraine while also curbing restrictions on asylum claims at the U.S. border.

In a joint statement, Senate Majority Leader Chuck Schumer and House Democratic leader Hakeem Jeffries also voiced their support for the agreement.

바카라 게임 웹사이트It will also allow us to keep the investments for hardworking American families secured by the legislative achievements of President Biden and Congressional Democrats,바카라 게임 웹사이트 Schumer and Jeffries said.

But they also warned House Republicans about trying to add conservative policy riders to the bills in the coming days, saying Democrats would not support "poison pill policy changes in any of the twelve appropriations bills put before the Congress.바카라 게임 웹사이트

Rep. Patrick McHenry, who helped lead the debt ceiling negotiations when McCarthy was speaker, noted that two-thirds of both parties in the House supported that agreement.

바카라 게임 웹사이트This deal, which adheres to that framework, deserves equally as robust support,바카라 게임 웹사이트 McHenry said.

Senate Republican leader Mitch McConnell, R-Ky., tweeted that he was encouraged that leaders identified a 바카라 게임 웹사이트path toward completing바카라 게임 웹사이트 the spending bills. It was a cautious recognition that some obstacles could lie ahead.

바카라 게임 웹사이트America faces serious national security challenges, and Congress must act quickly to deliver the full-year resources this moment requires,바카라 게임 웹사이트 McConnell said.