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WASHINGTON— Mike Johnson ’s grace period is likely over with House Republicans, with griping and obstructionism firing up again from different wings of his party, undercutting his efforts to unify the GOP heading into a rebooted budget fight. After winning the gavel in late October, the Louisiana Republican averted a crisis this past week and passed a short-term spending bill that funds the government through early next year. But to do so, the new speaker had to rely on large numbers of Democrats, with 95 members of his own party voting against that deal because they said it did too little to cut federal spending or secure the border.
Persons: WASHINGTON, Mike Johnson ’ Organizations: House Republicans, Louisiana Republican Locations: Louisiana
WASHINGTON (AP) — By most accounts, Speaker Mike Johnson inherited a House Republican majority in disarray after the sudden ouster of his predecessor last month. But as Johnson, R-La., tries to rebuild that slim majority, he’s fast running into the same hard-right factions and divisions that Rep. Kevin McCarthy, R-Calif., was unable to tame. Centrist conservatives said the measures went too far, however, as the hard-right faction demands steeper reductions in government programs. Johnson rebuffed their suggestion to at least attach the House-passed Israel aid package as a way force the Senate to act. He’s admired, he's trusted,” said Rep. Bob Good, R-Va. “You know, he’s human.
Persons: Mike Johnson, Johnson, Kevin McCarthy, ” Johnson, Joe Biden, McCarthy, , Chip Roy, Nancy Pelosi, ” Roy, , Nick LaLota, LaLota, Biden, He’s, he's, Bob Good, Garrett Graves, Hakeem Jeffries, Jeffries Organizations: WASHINGTON, Republican, Capitol, Teamsters, House Republicans, Biden, Republicans, thundered, Rep, GOP, Justice Department, Hamas, Jan, Democrats, Democratic Locations: Texas, Ukraine, Russia, Israel, Gaza, Mexico, , Garrett Graves of Louisiana, New York
Rep. Garret Graves of Louisiana recently told Politico that Congress has become a "childish" place. "I mean, this isn't a place where you attract the cream of the crop," he told the outlet. The House in October ousted Kevin McCarthy as speaker, an act that continues to reverberate to this day. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. And even with McCarthy as speaker, he never earned the trust among a key bloc of conservatives, which eventually led to his downfall.
Persons: Garret Graves of, Kevin McCarthy, , Kevin McCarthy of, Graves, Jeff Landry, McCarthy, Mike Johnson of, Rashida, Tim Burchett, George Santos Organizations: Politico, Service, White, Capitol, Republican, GOP, House Republican Conference, Democratic Rep Locations: Garret Graves of Louisiana, Kevin McCarthy of California, Louisiana, Mike Johnson of Louisiana, Michigan, Israel, Tennessee, George Santos of New York
White House challenges House impeachment inquiry of Biden
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +2 min
U.S. President Joe Biden takes part in a leaders plenary meeting during Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Brittany Hosea-Small Acquire Licensing RightsWASHINGTON, Nov 17 (Reuters) - The White House on Friday challenged the validity of an impeachment inquiry run by Republicans in the U.S. House of Representatives into President Joe Biden's son's business dealings. A letter from White House legal counsel Dick Sauber sent to House Republicans leading the inquiry said the probe was not valid since the House did not vote to authorize it. The White House says Biden has done nothing wrong and Republicans have no basis for an impeachment inquiry. Sauber said recent subpoenas and demands for congressional testimony from various White House officials and Biden family members were irresponsible.
Persons: Joe Biden, Brittany Hosea, Joe Biden's, Dick Sauber, Sauber, James Comer, Jim Jordan, Biden, Hunter, Jordan, Steve Holland, Makini Brice, Richard Chang Organizations: Economic Cooperation, REUTERS, Rights, U.S . House, White, House Republicans, Reuters, House, Republican, Republicans, Sauber, Thomson Locations: Asia, San Francisco , California, U.S, Kentucky
The White House on Friday condemned House Republicans’ wide-ranging impeachment inquiry into President Biden, saying that there was no legitimacy to the investigation and that recent subpoenas and demands for congressional testimony from the former White House counsel, White House aides and Biden family members were “irresponsible.”“You appear so determined to impeach the president that you have misrepresented the facts, ignored the overwhelming evidence disproving your claims and repeatedly shifted the rationale for your ‘inquiry,’” Richard Sauber, a special counsel for Mr. Biden, wrote to Representatives James R. Comer, a Kentucky Republican who leads the Oversight Committee, and Representative Jim Jordan, an Ohio Republican who heads the Judiciary Committee. Mr. Sauber’s letter came after House Republicans demanded to interview Biden family members and issued a subpoena to Dana Remus, a former White House counsel under Mr. Biden. It was perhaps the strongest rebuke of the inquiry the Biden administration has issued. House Republicans are investigating myriad aspects of the Biden administration and have accused the president of accepting millions of dollars in bribes and altering U.S. policy to enrich his family, but they have not produced proof to back up their boldest claims. Their investigation has focused heavily on the president’s son, Hunter Biden, and work he did for companies and partners in Ukraine, China and other countries.
Persons: Biden, White, , Richard Sauber, James R, Comer, Jim Jordan, Sauber’s, Dana Remus, Hunter Biden Organizations: Republicans, White, Kentucky Republican, Ohio Republican, House Republicans Locations: Kentucky, Ohio, Ukraine, China
Opinion | Why We Can Expect More Chaos in the House
  + stars: | 2023-11-17 | by ( Molly Reynolds | ) www.nytimes.com   time to read: +2 min
This puts more and more stress around the handful of bills that are seen as so important that they must pass, and the annual spending bills fall into this category. The desire to use spending bills to advance partisan goals can ultimately make them more difficult to pass. Among Mike Johnson’s first pledges after his election as speaker was an ambitious schedule for floor consideration of individual spending bills in the House. conference: A vote on one was canceled in part because some Republican members from districts won by President Biden announced they would oppose it over abortion-related language. Consider the partial shutdowns in late 1995 and early 1996, both resulting from broad disagreement between President Bill Clinton and the new House Republican majority on big-picture fiscal questions about taxes and the deficit.
Persons: Matt Gaetz, Mike Johnson’s, Biden, Bill Clinton, Barack Obama’s, Donald Trump’s, Newt Gingrich, shutdowns —, Organizations: Republican, Affordable
President Biden signed a short-term government funding bill on Thursday, narrowly averting a government shutdown but leaving a larger spending clash for Congress early next year. The Senate gave final approval to the package late Wednesday, about 48 hours before a shutdown deadline at midnight Friday. The vote in the Senate was 87 to 11, with 10 Republicans and one Democrat, Michael Bennet of Colorado, opposing the bill. It was approved by the House on Tuesday with near-unanimous support from Democrats and nearly half of House Republicans opposing it. The spending plan does not include additional aid for Israel or Ukraine.
Persons: Biden, Michael Bennet of Colorado Organizations: Congress, Energy Department, Jan, Republicans Locations: Israel, Ukraine, San Francisco, Pacific
CNN —President Joe Biden on Thursday signed the stopgap spending bill into law, averting a shutdown for now and setting up a contentious fight over funding in the new year. The plan is not a full-year spending bill and only extends funding until January 19 for priorities including military construction, veterans’ affairs, transportation, housing and the Energy Department. Democrats have once again conceded aid for Ukraine after additional military assistance wasn’t included in the stopgap bill that passed in September. The measure passed with a vote of 336 to 95 in the House on Tuesday with more Democrats than Republicans voting in support. His predecessor, Rep. Kevin McCarthy, was ousted after putting the previous stopgap bill on the House floor at the end of September, though the move averted a shutdown.
Persons: Joe Biden, Mike Johnson, wasn’t, Johnson, Kevin McCarthy, McCarthy Organizations: CNN, Energy Department, Israel, Republicans Locations: Ukraine
The Senate on Wednesday night passed a stopgap funding bill, punting the GOP's spending fight and the threat of a government shutdown until after the holidays. The funding bill next heads to President Joe Biden's desk for his expected signature. The CR is designed to buy more time for House Republicans to pass appropriations bills and for House and Senate negotiators to reach a deal on funding. The House has passed seven of the twelve annual appropriations bills that fund the government for a full fiscal year, while the Senate has passed three. Johnson and his leadership team sent House lawmakers home for the Thanksgiving holiday early on Wednesday after two appropriations bills ran into trouble.
Persons: Chuck Schumer, Jack Reed, Joe Biden's, Schumer, Mike Johnson's, Johnson, Scott Perry, we're, I've, we've, Hakeem Jeffries, Jeffries, — Frank Thorp V, Garrett Haake Organizations: U.S, Capitol, Republicans, New, Agriculture, Transportation, Housing, Urban Development, Veterans Affairs, Defense Department, House Republicans, House, Caucus, Democrats, Congressional Black Caucus Locations: Washington, Israel, Ukraine, D
U.S. House Speaker Mike Johnson (R-LA) speaks during a press conference on Capitol Hill in Washington, U.S., November 14, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - A group of hardline Republicans has put new U.S. House Speaker Mike Johnson on notice that he can no longer count on their support for legislation, signaling a possible early end to his "honeymoon" period. "We want the message to be clear," said Representative Scott Perry, chairman of the hardline conservative House Freedom Caucus. The bill passed the House with support from 209 Democrats but only 127 Republicans - a troubling sign for the new speaker. He had also angered hardliners by suspending House rules to circumvent their hopes of blocking debate on the measure.
Persons: Mike Johnson, Elizabeth Frantz, Scott Perry, We're, Nick LaLota, Johnson, Joe Biden, Kevin McCarthy, McCarthy, Anna Paulina Luna, David Morgan, Scott Malone, Deepa Babington Organizations: Capitol, REUTERS, Rights, Republicans, ., Louisiana lawmaker, Caucus, Freedom Caucus, Republican, Democratic, Thomson Locations: Washington , U.S, Louisiana, America, Mexico, New York
“Representative Santos sought to fraudulently exploit every aspect of his House candidacy for his own personal financial profit,” the report concluded. Ethics panel concludes sexual harassment allegation against Santos was not substantiatedThe House Ethics panel said there was not substantial evidence to support a sexual harassment allegation brought against Santos. But the report also indicates that there was some tension between the overlapping DOJ criminal probe and House ethics probe. The ethics panel reached out to the Justice Department to deconflict their investigations, and top DOJ officials asked them in March to pause the ethics probe. The House report says DOJ’s “deferral requests” prevented them from getting to the bottom of certain allegations.
Persons: George Santos, Santos, Santos ’, , Ubers, ” Santos, Mary Altaffer, AP Santos, , , Nancy Marks, Santos “, , it’s, DOJ’s Organizations: New York Rep, US, Republican, , US Justice Department, Santos ’, New York University, Baruch College, , New York's, AP, Federal, Commission, ” “, Santos, Resources, CNN, Justice Department, ISC, DOJ Locations: , Washington, Florida, Las Vegas, Atlantic City, Jericho , New York, CityMD, Huntington , New York, Rhinebeck , New York, Queens , New York, Glen Cove , New York, United States, Santos ’
They’re members of Congress. “I mean, straighten up here.”Even before this week, a number of vulgar refrains, heated exchanges and a near physical altercation punctuated this Congress after festering in recent years. What have we become?’”Indeed, this Congress seemed to kick off with drama baked in. The picture of this Congress is a stark departure from expectations for lawmakers in recent history. “For a lot of members, Congress is not a legislature so much as it is a reality television show about a legislature,” C. Lawrence Evans, a professor of government at the College of William & Mary, says.
Persons: , , ” Sen, Mazie, Elizabeth Warren, There's, ” Dan Lamb, it's, Matt Gaetz, Kevin McCarthy, Marjorie Taylor Greene’s, Hunter Biden, Lauren Boebert, Adam Schiff, Greene, Tim Burchett, McCarthy, Jared Moskowitz, James Comer, Sen, Markwayne Mullin, Barack Obama, Lindsey Williams Drath, ” Drath, , Drath, Lawrence Evans, College of William & Mary, “ It's, they’re, Mullin, ” Evans, Mike Johnson, Gaetz, Cynthia Lummis, Bernie Sanders, Sanders, Donald Trump, Trump, ” Sanders, Charles Sumner Organizations: Hawaii Democrat, Cornell University, Georgia Republican, Colorado Republican, House Republicans, California Democrat, New, New York Democrat, South Carolina Republican, Forward Party, Republican Party, College of William &, Wyoming Republican, Trump, Capitol Locations: Mazie Hirono, Hawaii, Massachusetts, Colorado, California, New York, Wyoming, Vermont, America, legislating, Arizona
(Photo by Jabin Botsford/The Washington Post via Getty Images)Republican Rep. George Santos of New York said Thursday he will not seek reelection in 2024 in the wake of a damning House Ethics report that found "substantial evidence" of campaign fraud and other violations by the embattled congressman. Santos "blatantly stole from his campaign" and "sought to fraudulently exploit every aspect of his House candidacy for his own personal financial profit," according to the report from the investigative body of the House Ethics Committee. The full ethics panel, led by Republican Rep. Michael Guest of Mississippi, unanimously adopted the report and voted to refer its findings to the Department of Justice. The scathing, 56-page ethics report is only the latest blow to Santos, the scandal-plagued freshman lawmaker who is facing a raft of criminal theft and fraud charges in New York federal court. Last month, Santos' former campaign treasurer Nancy Marks pleaded guilty to campaign finance fraud charges related to her work for Santos.
Persons: George Santos, Jabin Botsford, Santos, Michael Guest of, Joe Murray, Sam Miele, Miele, Kevin McCarthy, Nancy Marks Organizations: House Republican, Washington, Getty Images, Republican, Republican Rep, Michael Guest of Mississippi, Department of Justice, FBI, Santos Locations: Washington, DC, Washington ,, George Santos of New York, OnlyFans, New York, Long
The statement said the lawmaker “carried out information-subversive activities in favor of the Russian Federation” intended to destabilize and discredit Ukraine. When Giuliani went to Ukraine in 2019 to try to dig up dirt on then-candidate Biden and his son Hunter Biden, Dubinsky was one of the people he met with. Giuliani traveled to Ukraine in December 2019 to meet with several Ukrainian officials in an effort to defend Trump against House Democrats' impeachment inquiry. The US and Ukrainian governments have now both said these three Ukrainian officials participated in the Kremlin’s efforts to interfere with the 2020 US election. They also promoted the untrue conspiracy theory that Ukraine meddled in the 2016 US presidential election to undermine Trump, contrasting with the reality that Russia meddled to help Trump win.
Persons: CNN —, Rudy Giuliani, Joe Biden, Oleksandr Dubinsky, , Russian Federation ”, Andrii Derkach, Kostiantyn Kulyk, Giuliani, Donald Trump, Biden, Trump, Hunter Biden, Dubinsky, Derkach, Kulyk, Hunter, Trump’s, impeaching Biden, SBU, Leah Millis, Igor Kolesnikov, Kolesnikov, , Russia meddled, denigrate Biden, Volodymyr Zelensky, Andriy Yermak, ” Dubinsky Organizations: CNN, Bureau of Investigation, Security Service of Ukraine, Russian Federation, Trump, Biden, Moscow, House Republicans, GOP, House Democrats, Reuters, GRU, Kremlin Locations: Ukraine’s, Ukraine, Russia, Ukrainian, Russian, Moscow
The recent speakership fight took more of a toll on House Republicans than it seemed at the time. One House Republican said he got so stressed out that he started vomiting. "It took a lot of prayer to get through it," said Rep. Mike Bost of Illinois. Advertisement"It took a lot of prayer to get through it," Bost told POLITICO. But it's not just him — several House Republicans are clearly feeling the weight of the last few weeks.
Persons: Mike Bost, , Kevin McCarthy, Mike Johnson, Bost, Matt Gaetz, McCarthy, McCarthy's, it's, Tim Burchett, elbowing, Burchett, Greg Murphy of, Murphy Organizations: Republicans, Republican, Service, House Republicans, Illinois, POLITICO, Citizen Free Press, Business Locations: Illinois, Florida, Gaetz, Tennessee, Greg Murphy of North Carolina
REUTERS/Julia Nikhinson/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - U.S. House Representative George Santos said he will not run for reelection after a damning House Ethics Committee report referred "additional uncharged and unlawful conduct" by him to the Justice Department on Thursday. I will however NOT be seeking re-election for a second term in 2024," Santos said in a post on the X social media site. "Representative Santos’ conduct warrants public condemnation, is beneath the dignity of the office, and has brought severe discredit upon the House" of Representatives, the bipartisan committee said in a statement. Ethics Chairman Michael Guest, a Republican, intended to file a motion to expel on Friday, according to media reports. Santos survived a vote to expel him from the House brought by fellow House Republicans from New York state in early November.
Persons: George Santos, Julia Nikhinson, Santos, Santos ’, Michael Guest, Moira Warburton, Andrew Goudsward, Jonathan Oatis Organizations: Rep, Capitol, REUTERS, Rights, . House, Justice Department, Department of Justice, Republican, Republicans, Thomson Locations: Washington , U.S, New York
Just before hard-right House Republicans staged a floor mutiny over spending on Wednesday that sent lawmakers home early for their Thanksgiving break, they managed one final vote, on a measure to reduce the salary of an obscure Biden administration official to $1. On Wednesday, the would-be victims included Xavier Becerra, the health secretary, and Vincent J. Munster, a virus scientist at the National Institute of Allergy and Infectious Diseases. Last week, it was Karine Jean-Pierre, the White House press secretary. But others, such as ones taking aim at Lloyd J. Austin III, the defense secretary, and Pete Buttigieg, the transportation secretary, have succeeded. But House Republicans’ choice to repeatedly push such proposals highlights their slash-and-burn approach to federal spending, and why Congress is facing such a steep challenge reaching a longer-term deal to fund the government.
Persons: Biden, Mike Johnson, Biden’s, Xavier Becerra, Vincent J ., Jean, Pierre, Lloyd J, Austin III, Pete Buttigieg Organizations: Republicans, Vincent J . Munster, National Institute of Allergy, White House, Democratic
PoliticsEmbattled US Rep George Santos won't run for re-electionPostedU.S. House Representative George Santos said he will not run for re-election after a damning House Ethics Committee report referred "additional uncharged and unlawful conduct" by him to the Justice Department on Thursday. Alex Cohen has more.
Persons: Rep George Santos, George Santos, Alex Cohen Organizations: Rep, House, Justice Department
Rep. George Santos, R-N.Y., leaves a House Republican Conference meeting on the speaker of the House discussions in Longworth Building on Tuesday, October 10, 2023. House Republicans who previously opposed efforts to oust GOP Rep. George Santos are now lining up to expel him after a scathing ethics report accused the embattled New York lawmaker of brazen campaign fraud and theft. The report, released Thursday morning by the House Ethics Committee, found that Santos "sought to fraudulently exploit every aspect of his House candidacy for his own personal financial profit." Santos, who was already facing related criminal charges in New York federal court, announced later Thursday that he would not seek reelection in 2024. "I will continue on my mission to serve my constituents up until I am allowed," Santos wrote on X shortly after the report came out.
Persons: George Santos, Santos Organizations: Republican, House Republicans, GOP, New, House Locations: Longworth, New York
Disgraced Rep. George Santos announced Thursday that he will not seek reelection after the House Ethics Committee released a blistering report detailing “potential violations of federal criminal law” on his part and referred its findings to the Justice Department. He deceived donors into providing what they thought were contributions to his campaign but were in fact payments for his personal benefit. But both failed to garner enough support, with some Republicans arguing at the time that they would wait for the Ethics Committee to release its findings. Though the committee did not recommend House action taken against Santos, another expulsion vote is expected to follow, likely once the chamber returns from a Thanksgiving recess. Meanwhile, Santos already faces a 23-count federal indictment, though he pleaded not guilty earlier this year.
Persons: George Santos, , New York Republican “, , “ Santos ’, Santos Organizations: Justice Department, New York Republican, Federal, Commission, ” “, House Democrats, New York House Republicans
The report details “substantial evidence” that one of the nation’s most famous liars had violated federal laws. It only adds to the long list of news stories that have uncovered how much of what Santos told voters was not true. Today, the odds became pretty good that enough Republicans might join Democrats in voting to expel Santos. Like Trump, Santos is a symptom, not the cause of what has been happening to the Republican Party. Eliminating him from the caucus will not solve the problem at the core of the party.
Persons: Julian Zelizer, George Santos, Santos ’, ” Santos, Donald Trump, Santos, Republicans can’t, , , Anthony D’Esposito, George Santos ’, , Trump, Marjorie Taylor Greene, Jon Lovitz’s, Tommy Flanagan —, Lovitz Organizations: CNN, Princeton University, The New York Times, America, House, Republican Rep, Department of Justice, Long Island Republicans, Democrats, GOP, Republicans, Trump, , New, , New York Republicans, Guinness, World Records, Republican Party, Marjorie Taylor Greene of, CBS, Fox News Locations: George Santos of New York, ,, , New York, People’s, Marjorie Taylor Greene of Georgia
The day Congress went back to fourth grade
  + stars: | 2023-11-15 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +12 min
The 118th Congress, which took an initial step to punt funding deadlines to the winter, looked more like a fourth grade class on a day that will further erode trust in government ahead of next year’s elections. Across Capitol Hill in the world’s so-called greatest deliberative body, Oklahoma Republican Sen. Markwayne Mullin was spoiling for a prize fight. Senate Republican leader Mitch McConnell, however, suggested that policing the Capitol was beyond even his wily capacity to enforce discipline within his conference. And only in the malfunctioning Congress would a speaker try to prevent one government shutdown by laying the possible path for two others. Israel and Ukraine have nothing to thank Congress forThe most glaring example of Congress’ failure to fulfill its duty on Tuesday came at a pro-Israel demonstration on the National Mall.
Persons: Joe Biden’s, Xi Jinping, Kevin McCarthy –, , Tim Burchett, CNN’s Manu Raju, McCarthy, Oklahoma Republican Sen, Markwayne Mullin, Sean O’Brien, Mullin, O’Brien, ” Mullin, , ” O’Brien, Vermont Sen, Bernie Sanders, let’s, ” Sanders, , Jared Moskowitz, James Comer, Comer, leafing, Moskowitz couldn’t, Gargamel, Marjorie Taylor Greene, Georgia –, Darrell Issa, Alejandro Mayorkas, Greene, Donald Trump, ” McCarthy, Dakota Sen, John Thune –, Mitch McConnell, who’s, Mike Johnson’s, Johnson, ” Rep, Patrick McHenry, Tom Cole, Trump, Joe Biden, Chuck Schumer, Hakeem Jeffries, Iowa GOP Sen, Joni Ernst, Biden, Vladimir Putin, hasn’t, he’d, ” Connecticut Democratic Sen, Chris Murphy Organizations: CNN, 118th, Republican, GOP, Tennessean, Oklahoma Republican, International Brotherhood of Teamsters, Health, Education, Labor, Pensions, Sooner, Martial Arts, Democratic, Biden, Florida Democrat, Capitol, Georgia Republican, Homeland, Capitol ., Congressional, Senate Republican, Capitol Police, Kentucky Republican, Republicans, , CNBC, , Congress, House Democratic, Iowa GOP, Internal Revenue Service, Senate, White, ” Connecticut Democratic Locations: Israel, Ukraine, Washington, China, Oklahoma, Vermont, Florida, Kentucky, Georgia, California, Capitol . Congress, Dakota, Gaza, Iowa, “ Ukraine, ” Connecticut
Senate passes stopgap bill to avert government shutdown
  + stars: | 2023-11-15 | by ( Clare Foran | Ted | ) edition.cnn.com   time to read: +2 min
The Senate on Wednesday passed a stopgap bill to keep the government open, averting a shutdown for now while setting up a contentious fight over funding in the new year. The bill was approved by the House on Tuesday and will now be sent to President Joe Biden to be signed into law. The Senate passed the bill by a vote of 87 to 11. Newly elected House Speaker Mike Johnson will face another major leadership test as lawmakers navigate that challenge. Former Speaker Kevin McCarthy was ousted after putting a stopgap bill on the House floor at the end of September.
Persons: Joe Biden, Mike Johnson, Johnson, Kevin McCarthy, McCarthy Organizations: Energy Department, Democrats, Republicans Locations: Israel, Ukraine
If the House passes the bill, the Senate will next need to approve the measure. Government funding is currently set to expire at the end of the week on Friday, November 17. In the first major test of his leadership, newly elected House Speaker Mike Johnson is pursuing an unusual two-step plan that would set up two new shutdown deadlines in January and February. The conservative House Freedom Caucus, a group of roughly 30 hardliners, has taken an official position against Johnson’s two-part government funding plan. A number of conservatives oppose the stopgap bill because it would not implement the deep spending cuts they have demanded.
Persons: Mike Johnson, Johnson, CNN’s Kristin Wilson, Annie Grayer, Lauren Fox Organizations: Energy Department, Caucus, Republican, GOP, Freedom Caucus, Johnson’s Locations: Israel, Ukraine
U.S. Secretary of Treasury, Janet Yellen hosts a Finance Ministers? Meeting plenary at the APEC (Asia-Pacific Economic Cooperation) Summit in San Francisco, California, U.S. November 13, 2023. "This is a decision I disagree with," she said at a news conference at the close of the APEC Finance Ministers' Meeting in San Francisco, California. The ratings agency on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable," citing large fiscal deficits and a decline in debt affordability. The rise in long-term interest rates would create a challenge to debt sustainability if it lasts, Yellen acknowledged.
Persons: Janet Yellen, Carlos Barria, Yellen, Biden, David Lawder, Ann Saphir, Tom Hogue Organizations: Treasury, Ministers, APEC, Economic Cooperation, REUTERS, FRANCISCO, . Treasury, Monday, APEC Finance, Internal Revenue Service, House Republicans, Thomson Locations: Asia, San Francisco , California, U.S
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