Updated: September 27, 2023, 11:38 AM
Senate Leaders Agree on Short-Term Budget Deal, Extending Deadline to November 17
House Speaker Uncertain about Introducing Interim Budget as Republican Party Foes Block the Way
Senate Democratic Leader Chuck Schumer
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Seoul, South Korea – On September 26th, the US Senate reached an agreement to pass a temporary budget bill, averting a potential government shutdown resulting from delays in processing next year’s budget. However, there is uncertainty surrounding the introduction of this budget bill in the House of Representatives, as House Speaker Kevin McCarthy faces opposition from within his own Republican Party.
Bloomberg News reported that Senate leaders from both the Democratic and Republican parties have agreed to vote on a budget plan that includes short-term government spending by November 17, four days prior to the deadline for next year’s budget negotiations on September 30. The objective of this agreement is to prevent a shutdown that would disrupt government operations due to a reduction in the federal government’s budget. The proposed solution is to extend the deadline by implementing a short-term budget until mid-November, allowing the Democratic and Republican parties time to discuss the main budget.
The interim budget includes $6 billion in additional aid funds for Ukraine, falling short of the $24 billion requested by President Joe Biden. Furthermore, out of the $16 billion in emergency aid funds requested by the White House, only $6 billion was included in the budget.
Senate Democratic Leader Chuck Schumer emphasized that the short-term budget plan is not a final solution but rather serves as a bridge towards the main budget discussions. Meanwhile, Republican Senate Leader Mitch McConnell voiced his belief that a government shutdown is detrimental and should not be used as a bargaining chip against the government and ruling party.
Republican House Speaker Kevin McCarthy
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However, it remains uncertain whether the deadline will be extended through the implementation of the short-term budget plan. The New York Times reported that although the Senate leadership intends to process a temporary budget and send it to the House, there is no guarantee that Republican House Speaker Kevin McCarthy will present the budget to the House. McCarthy faces opposition from hardline Republicans within his party, who demand significant budget cuts and have threatened to remove him from his position if he introduces a temporary budget plan with the help of Democratic lawmakers.
Bloomberg News predicted that Speaker McCarthy may face impeachment threats from conservative Republican hardliners if he proceeds with the interim budget vote in the Senate. The budget’s fate is uncertain, as it is expected to face strong opposition once it reaches the House of Representatives, primarily due to the majority of Republican House members opposing additional support for Ukraine.
In response to this situation, the House of Representatives appears to be pursuing a different approach rather than aligning with the Senate’s temporary budget agreement. Chairman McCarthy is considering a plan to prioritize the processing of four out of the twelve appropriations bills, namely State Affairs, Agriculture, Homeland Security, and National Defense. However, this plan is not merely an attempt to avoid a shutdown but also aims to minimize its impact to some extent.
Some moderate Republicans within the party are pushing for a petition to enforce a “revision ban,” which would force a vote on a specific measure in the plenary and alleviate the burden on Speaker McCarthy by introducing a temporary budget bill. However, due to the complexity and time-consuming nature of the process, it is unlikely that a screening ban will be implemented within the deadline.
Contact: jamin74@yna.co.kr
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September 27, 2023, 11:38 AM
Execution time2023-09-27 11:38
Senate leaders reach short-term budget deal, pushing deadline down to November 17
The Speaker of the House of Representatives, blocked by the hard enemies of the Republican Party, is uncertain about presenting the interim budget
Senate Democratic Leader Chuck Schumer
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(Seoul = Yonhap News) Reporter Jeong Yun-seop = The US Senate agreed on the 26th (local time) to process a temporary budget bill to avoid a ‘shutdown’ situation, which temporarily stops the work of the federal government due to delays in processing next year. budget.
However, it is unclear whether House Speaker Kevin McCarthy, who is being blocked by bitter Republican Party foes, will even introduce this budget bill to the House of Representatives, raising concerns that he could the closure will eventually become a reality.
Bloomberg News reported that Democratic and Republican Senate leaders have agreed to vote on a budget plan including short-term government spending by November 17, four days before the deadline for next year’s budget negotiations (September 30).
This agreement between Senate leaders of both parties is intended to avoid a shutdown that paralyzes business due to a cut in the federal government’s budget.
If this happens, the deadline will be extended by preparing a short-term budget until mid-November, giving the Democratic and Republican parties time to discuss the main budget.
The interim budget included $6 billion in additional aid funds for Ukraine, but fell short of the amount requested by President Joe Biden ($24 billion).
In addition, of the $16 billion in emergency emergency aid funds requested by the White House, only $6 billion was reflected.
Senate Democratic Leader Chuck Schumer emphasized that “the short-term budget plan is not the final destination, but a bridge (to proceed with the main budget).”
Republican Senate Leader Mitch McConnell expressed his usual belief, saying, “The government shutdown is bad news and it doesn’t work as a bargaining chip (against the government and the ruling party).”
Republican House Speaker Kevin McCarthy
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However, it is still unclear whether the closing deadline will be extended due to the short-term budget plan.
The American daily New York Times (NYT) reported that the leadership of the Senate intends to process a temporary budget and send it to the House, but there is no guarantee that the Chairman of the Republicans McCarthy will present the budget to the House.
This is because hard-liners in the Republican Party, who have been demanding large-scale budget cuts, have threatened to introduce a motion to remove Speaker McCarthy if he presents a temporary budget plan with the help of Democratic lawmakers.
Bloomberg News predicted that Speaker McCarthy could face impeachment threats from conservative Republican hardliners if he votes on the interim budget in the Senate, and predicted that the budget would be destroyed as soon as it reached the House. the Representatives.
In addition, the NYT reported that a majority of Republican House members oppose additional support for Ukraine, so even if the temporary budget bill is passed to the House of Representatives, it is expected to meet with opposition strong
In this situation, it appears that the House of Representatives is taking a different route rather than being bound by the Senate’s temporary budget agreement.
Chairman McCarthy is considering a plan to process only four of the 12 appropriations bills first: State Affairs, Agriculture, Homeland Security, and National Defense. However, this plan is not just a desperate attempt to avoid the closure itself, but also to reduce the impact even slightly.
In addition, some moderates in the Republican Party are pushing for a ‘revision ban’ petition to force a vote on a specific measure in the plenary in order to lighten the burden on Speaker McCarthy by introducing a temporary budget bill.
However, the overall analysis is that it is unlikely that a screening ban will be realized within the deadline because the process is complex and time-consuming.
jamin74@yna.co.kr
Report via KakaoTalk okjebo
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2023/09/27 11:38 Sent
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