DIRS.INFO The most relevant business & tech news

☆ Congress passes stopgap bill to avert government shutdown
▼ + stars: | 2024-02-29 | by ( Clare Foran | Ted | ) edition.cnn.com time to read: +5 min

The House and Senate both passed a stopgap bill on Thursday to avert a partial government shutdown at the end of the week. The House vote was 320 to 99 with 113 Republicans voting in favor and 97 Republicans voting against. “The appropriations process is ugly,” Johnson told reporters on Thursday. Rep. Marjorie Taylor Greene of Georgia, who will vote against the stopgap bill, swiped at the speaker over cutting a deal with Democrats on government funding. Rep. Tim Burchett of Tennessee, who was one of the eight Republicans who voted to oust McCarthy, said he opposed the stopgap bill and broader funding deal but was sympathetic to Johnson’s circumstances.

Persons: Joe Biden, Mike Johnson, ” Johnson, –, we’ve, We’re, Johnson, Marjorie Taylor Greene, swiped, CNN’s Manu Raju, Rep, Byron Donalds of, it’s, ”, Kevin McCarthy, Tim Burchett, McCarthy, CNN’s Lauren Fox, Manu Raju Organizations: GOP, CNN, Louisiana Republican, Agriculture, FDA, Commerce, Justice, Science, Energy, Water, Veterans Affairs and Transportation, Housing, Urban Development, Defense, Financial Services, General Government, Homeland Security, Labor, Health, Human Services, Legislative Branch, State, Foreign Locations: Washington, Marjorie Taylor Greene of Georgia, Byron Donalds of Florida, Louisiana, Tennessee

☆ Congressional leaders strike a deal on appropriations bills and a stopgap funding measure
▼ + stars: | 2024-02-28 | by ( Melanie Zanona | ) edition.cnn.com time to read: +1 min

Congressional leaders have struck a deal on some of the appropriations bills funding the federal government, as well as a short-term stopgap measure that would extend government funding and prevent a partial shutdown ahead of a Friday night deadline, a GOP leadership aide told CNN on Wednesday. The House plans to vote Thursday on the one-week stopgap measure to avert a partial government shutdown, a GOP aide told CNN Wednesday, coming just one day before the deadline to fund roughly 20% of the federal government. House Speaker Mike Johnson has offered to move a stopgap spending bill to buy negotiators more time to hammer out a longer-term spending agreement ahead of Friday’s first funding deadline, according to sources familiar with the matter. The speaker’s proposal to the White House, first reported by Punchbowl News, would move that first funding deadline for four government agencies from March 1 to March 8, and kick the rest to March 22. House Majority Leader Steve Scalise said Wednesday afternoon they will be releasing the text of the measure “in the next few hours.”This story and headline have been updated with additional developments.

Persons: Mike Johnson, Steve Scalise Organizations: GOP, CNN, Agriculture, Commerce, Justice, Science, Energy, Veterans Affairs and Transportation, Housing, Urban, Defense, Health, Human Services, Homeland Security, Financial Services, State, Foreign Ops, Legislative, White, Punchbowl News

☆ House GOP's budget 'poison pills' could force spending cuts, rattle economy
▼ + stars: | 2024-02-27 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +5 min

House Republican hardliners' efforts to stonewall a budget deal ahead of a looming government shutdown could risk triggering automatic spending cuts later this spring that may put pressure on the U.S. economy's already fraught recovery. A full-year budget deal to avert the FRA cuts appears increasingly unlikely, amid staunch opposition from the House's ultraconservative wing. Freedom Caucus derailmentMembers of the House Freedom Caucus, a coalition of hardline conservatives, have been working to derail a permanent budget. Instead, they want to extend the current temporary spending resolution through the rest of the fiscal year, ensuring the FRA's spending cuts are triggered on April 30. But if the FRA's automatic spending cuts take effect, they could rattle the broader economy's teetering recovery.

Persons: Mike Johnson, Jake Sullivan, economy's, Joe Biden, Chuck Schumer, Mitch McConnell, Hakeem Jeffries, Jan, Johnson, Kevin McCarthy, McCarthy, McConnell, Piper Sandler, Nancy Lazar, Lazar, Sen, Patty Murray Organizations: National Security, U.S, Capitol, House Republican, Congressional Research Service, Caucus, Democrat, Freedom Caucus, Congressional Locations: Washington ,, stonewall, D

☆ US Senate to vote on spending package Wednesday -Schumer
▼ + stars: | 2023-11-01 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters at the Capitol in Washington, U.S., October 31, 2023. The Senate is working on bipartisan bills while the Republican-controlled House is aiming for measures that will pass with only votes from the majority. KEY QUOTE"Today we will pass the first three bipartisan appropriations bills," Schumer said on the Senate floor on Wednesday. "When these bills pass, they will be the only - I underscore, the only - bipartisan appropriations bills that have passed either chamber." BY THE NUMBERSCongress must pass 12 appropriations bills to fund the government through its fiscal year.

Persons: Chuck Schumer, Kevin Lamarque, Joe Biden, Schumer, Kevin McCarthy, McCarthy's, Mike Johnson, Moira Warburton, Rod Nickel Organizations: Capitol, REUTERS, Rights, U.S, Senate, Democratic, Republican, Republicans, Thomson Locations: Washington , U.S, U.S, Washington

Search resuls for: "Veterans Affairs and Transportation"

4 mentions found