Connect with us

Hi, what are you looking for?

Economy

McConnell says Republicans ‘always’ lose when government shuts down, ‘never’ produce a policy change

Senate Minority Leader Sen. Mitch McConnell, R-Ky., said Tuesday government shutdowns ‘have always been a loser for Republicans politically’ and that they’ve ‘never produced a policy change’ amid ongoing division in Congress about government funding.

‘I’m not a fan of government shutdowns,’ McConnell told reporters following the GOP conference’s weekly luncheon. 

McConnell said the upper chamber is waiting to see what the House is going to do on a continuing resolution (CR), which would keep the previous year’s funding for federal programs temporarily. 

However, the anticipated procedural vote for the temporary spending bill, which was crafted through negotiations between the House Freedom Caucus and Main Street Caucus, was removed from the schedule on Tuesday. The government will enter partial shutdown if no deal is reached by 11:59 p.m. on Sept. 30.

‘We’ll see what the House does and act accordingly,’ McConnell said. ‘I support what the speaker is trying to accomplish because he’s trying to avoid a government shutdown, and he’s trying to help with an appropriations process so that we have something close to a normal process.’

The House Freedom Caucus and Main Street Caucus’s proposed legislation proposed averting a government shutdown through Oct. 31 by an 8% reduction in non-defense discretionary spending, along wit key components of the House GOP’s border security bill, The Secure the Border Act, passed earlier this year. 

But House Republicans are divided on the issue and whether a CR should even be passed, and House Speaker Kevin McCarthy can only lose a handful of Republicans to pass anything without Democratic votes.

Meanwhile, the Senate — which Majority Leader Chuck Schumer, D-N.Y., has used as a shining example of bipartisanship in contrast to the House — is also experiencing pushback from Republican leaders on passing its appropriation bills.

Last week, Sen. Ron Johnson, R-Wis., rejected a move to advance military construction and Veterans Affairs spending bills because they were combined with funding for the departments of Agriculture, Transportation and Housing and Urban Development. He and other conservatives argued they should be split up and voted on individually. 

Sen. Jon Cornyn, R-Texas, attempted shifted the blame to Schumer, and said on the floor last week: ‘He knows we can’t pass all these bills in the next 16 days.’

‘It’s a gold standard for political theater, this is drama scripted by the majority leader so he won’t get blamed for a shutdown,’ he said, calling it ‘a Schumer shutdown.’

If both chambers can’t pass all 12 appropriation bills by Jan. 1, a 1% spending cut will be enacted on all non-defense discretionary spending.

Fox News’ Elizabeth Elkind contributed to this report. 

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    North Korea may be known as the hermit kingdom, but the isolated nation could be edging toward opening its borders to small numbers of...

    Latest News

    Evacuations are underway across Hawaii’s Big Island and Maui as passing Hurricane Dora helps fuel wildfires that have damaged structures, prompted rescues and spurred...

    Editor's Pick

    One of the perks of being speaker of the House — or at least, one of the characteristics of it — is that you...

    Latest News

    Former world No. 1 Caroline Wozniacki won her first competitive tennis match in three-and-a-half years on Tuesday, defeating Australian Kimberly Birrell 6-2 6-2 at...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 balanceandcharge.com