Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "stopgap"


25 mentions found


And it raised serious doubts over the GOP’s capacity to pull off another politized maneuver designed to please the former president – an impeachment of President Joe Biden. The malpractice of Johnson’s impeachment team was encapsulated by Democrats outmaneuvering them to bring a shoeless Rep. Al Green, who was recovering from surgery, to the chamber in a wheelchair to cast a dramatic vote. Losing the ability to governThe House GOP meltdown came as this divided, angry Congress’ capacity to govern at the most basic level appears to be imploding. But the most Trumpy wing of the House GOP has other concerns. But Tuesday’s confusion shows that a House majority dominated by extremism and exhibitionism is not an operable majority.
Persons: Mike Johnson’s speakership, , Alejandro Mayorkas, Donald Trump’s, Joe Biden, outmaneuvering, Al Green, Johnson, Biden, , Trump, Oklahoma Sen, James Lankford, – Johnson, Mayorkas, ” It’s, it’s, , Elise Stefanik, , Steve Scalise, Kevin McCarthy, California — Organizations: CNN, Homeland, Israel, GOP, House Republicans, Republicans, Democratic, Trump, Congress, Capitol Locations: Ukraine, Taiwan, Oklahoma, Israel, Russia, China, California, New York, Washington, America
Amazon.com Inc.'s proposed $1.7 billion deal to buy robot vacuum firm iRobot Corp. was given the all-clear by the UKs antitrust agency. The vacuum maker also announced it would lay off 31% of its employees, around 350 people, and that its chair and CEO Colin Angle would step down effective immediately. The fate of the deal was plunged into uncertainty after The Wall Street Journal reported that the European Union would not offer regulatory approval. The robotic vacuum maker has a market capitalization of under $400 million, following Monday's news and prior reports that the European Union would move to block the deal. In July, iRobot entered into a $200 million financing facility to fund its operations as a stopgap until the deal closed.
Persons: Sophie Park, Colin Angle, iRobot, We're, David Zapolsky, Angle Organizations: Amazon.com Inc, iRobot Corp, Bloomberg, Getty, Street Journal, European Union, Amazon, European Commission Locations: Bedford , Massachusetts
It’s a decline not seen around the rest of the developed world, where higher education is expanding. Provide universal low-cost child careFrom my vantage point, the single highest barrier to Millennial economic stability is child care. The reasons behind that are complex, but cost is certainly among them: The United States has some of the highest child care costs in the world. Affordable, high-quality, universal child care helps mothers, and particularly low-income mothers, to stay in the workforce, which pays dividends for their families. Child care programs help to prepare kids for school and may keep them more active and socially engaged.
Persons: Jill Filipovic, CNN —, haven’t, We’ve, , Z, Gen Zers, isn’t, Millennials, Organizations: Twitter, CNN, Boomers, American Boomers, Ivy League, OECD Locations: New York, Europe, States, tony
The Davos consensus on the presidential electionPublicly, the global business leaders who gathered at the World Economic Forum in Davos, Switzerland, haven’t wanted to predict the winner of the upcoming U.S. presidential election. In an interview with Andrew on CNBC, he didn’t predict that Trump would win, but suggested that dismissing the former president and his supporters would be a mistake. “He wasn’t wrong about some of these critical issues, and that’s why they’re voting for him,” he said. “Trump is already the president at Davos — which is a good thing because the Davos consensus is usually wrong,” Alex Soros, the son of George Soros, said on a panel. A little history: The Davos consensus was that Hillary Clinton would beat Trump in 2016.
Persons: haven’t, Donald Trump, DealBook, Trump, Jamie Dimon, JPMorgan Chase, Andrew, , ” Dimon, , MAGA, bode, “ Trump, ” Alex Soros, George Soros, Hillary Clinton, Sting, Biden, It’s, Reddit, Macy’s, Tony Spring, Warren Buffett, Morningstar Organizations: Economic, JPMorgan, CNBC, Trump, NATO, Biden, Trump’s Republican, Davos, Apple Watch, Reuters, Investors Locations: Davos, Switzerland, U.S, China, American, Indonesia, E.S.G
The duck stamp act incident of early 2024 sets up two new funding deadlines on March 1 and March 8. Short-term funding bills that keep the lights on are clearly not how the massive US government is supposed to be run. There’s been least one short-term spending bill in all but three fiscal years since 1977, according to the Congressional Research Service. Why use the duck stamp bill to fund the government? Spending bills are supposed to begin in the House, and so to make this latest stopgap measure work, senators substituted the spending bill into a House-passed bill originally having to do with the duck stamp, making it possible for duck hunters to carry an electronic as opposed to paper duck stamp during the “taking of waterfowl.”Fear not for the duck hunters.
Persons: , Mike Johnson, Kevin McCarthy, Johnson, McCarthy, it’s, There’s Organizations: CNN, Republican Party, Senate, Congressional Research Service Locations: Washington
Republicans may control the House, but when it comes to enacting any significant measure this Congress, it has fallen to Democrats to supply the bulk of the votes. It was the latest sign of a punishing dynamic Mr. Johnson inherited when he won the speakership in the fall. With a minuscule and shrinking majority, a restive right wing willing to defect on major issues, and a Democratic Senate and president, Mr. Johnson is presiding over a House majority in name only — not a governing majority — sapping his leverage. Moments before the temporary spending bill passed on Thursday, it appeared Mr. Johnson might fall just short of mustering the support of a majority of his majority — long the informal but sacrosanct standard for determining what legislation a G.O.P. One hundred and seven Republicans voted for the stopgap bill and 106 opposed it, with Democrats supplying most of the votes — 207 — to push through the bill.
Persons: Mike Johnson, Johnson, Organizations: Republican, Democratic
"Those individuals have now overplayed their hand," said Republican Representative Greg Murphy, a member of the Republican Study Committee conservative caucus. They now find themselves boxed out on spending, at a time when the nation's debt has surpassed $34 trillion. "At the end of the day, we control one-half of one branch of government, and we're working against Senate Democrats, House Democrats -- to be honest, Senate Republicans -- and the White House," said Representative Kelly Armstrong. And in November, the number of Republican voting against reached 93 on Johnson's initial stopgap spending bill. "I have no doubt that our wonderful Speaker of the House, Mike Johnson, will only make a deal that is PERFECT ON THE BORDER."
Persons: David Morgan WASHINGTON, Chuck Schumer, Mike Johnson, Johnson, Greg Murphy, Joe Biden, Kevin McCarthy, McCarthy, Bob Good, Dan Bishop, Kelly Armstrong, Schumer, Bishop, Andy Biggs, McCarthy's, Jared Moskowitz, Biggs, Donald Trump, Trump, David Morgan, Makini Brice, Scott Malone, Daniel Wallis Organizations: Republicans, U.S . House, Democratic, Republican, Caucus, North Carolina Republican, Senate, White, Senate Democrats, House Democrats, New York Democrat, Republican Party, Freedom Caucus Locations: Mexico, U.S, Ukraine, Israel, Gaza
President Biden on Friday signed legislation averting a partial government shutdown, which will fund agencies until early March as Congress continues to wrangle over spending proposals to fund the government for the remainder of the year. The Senate and the House approved the stopgap measure on Thursday; funding was to run out at midnight Friday. The six-week deal was passed over the opposition of hard-right Republicans in the House but with bipartisan majorities in both chambers. It will allow Congress to negotiate and pass bills totaling $1.66 trillion to fund the government through the fall. Karine Jean-Pierre, the White House press secretary, said in a statement on Friday that the new measure “prevents a needless shutdown, maintains current funding levels and includes no extreme policies.”She indicated that the White House was prepared for fights ahead, as the new resolution was the third time since the start of the fiscal year on Oct. 1 that Congress had temporarily extended funding.
Persons: Biden, Karine Jean, Pierre Organizations: Republicans, White House, White
WASHINGTON — Congress passed a bill on Thursday that would prevent a partial government shutdown this weekend and keep federal funds flowing through March 1 and March 8. It is the third stopgap bill since last September as the divided Congress struggles to agree on full-year government funding bills. The first stopgap bill led to the ouster of Kevin McCarthy, R-Calif., as speaker. Around the same time, the House announced that it would cancel votes on Friday in anticipation of a winter storm and complete votes on the stopgap bill on Thursday. The funding bill is unrelated to negotiations surrounding an immigration and national security supplemental bill that would provide aid to Ukraine and Israel.
Persons: Chuck Schumer, Mike Johnson, Joe Biden's, Kevin McCarthy, Johnson, Schumer inveighed, rousers, Schumer, It's, we're Organizations: U.S, Capitol, WASHINGTON —, Democratic, Republican, House Republicans Locations: Washington , DC, Ukraine, Israel
WASHINGTON (AP) — Congress sent President Joe Biden a short-term spending bill on Thursday that would avert a looming partial government shutdown and fund federal agencies into March. House Republicans have fought bitterly over budget levels and policy since taking the majority at the start of 2023. Former House Speaker Kevin McCarthy, R-Calif., was ousted by his caucus in October after striking an agreement with Democrats to extend current spending the first time. “We’re not going to get everything we want.”Most House Republicans have so far refrained from saying that Johnson’s job is in danger. In Thursday afternoon's vote, 107 House Republicans voted to keep federal agencies funded and 106 voted against the measure.
Persons: Joe Biden, , Karine Jean, Pierre, ” Jean, Mike Johnson, Chuck Schumer, Chip Roy, ” Roy, Johnson, Rosa DeLauro, ” DeLauro, Kevin McCarthy, ” Johnson, “ We’re, Bob Good, McCarthy, Schumer, ” Good, , Andy Barr, Biden, Russia, Farnoush Amiri, Lisa Mascaro, Darlene Superville Organizations: WASHINGTON, , Republican, Caucus, White, Republicans, , Rep, House Republicans, . Virginia, Kentucky, GOP, Democratic, Associated Press Locations: Texas, Ukraine, Israel, U.S, Mexico
The Senate was expected to pass legislation on Thursday to fund the government through early March, putting pressure on the House to quickly follow suit to avoid a partial government shutdown beginning Saturday. Senator Chuck Schumer, the New York Democrat and majority leader, cleared the way on Wednesday for a midday vote on the measure. It is intended to give Congress time to pass spending bills totaling $1.66 trillion to fund the government through the fall, holding most federal spending steady while bolstering the military. The legislation “will give Congress time to continue working on the appropriations process to fund the government for the rest of the fiscal year,” Mr. Schumer said. He will need significant numbers of Democrats to back the measure given expected Republican opposition.
Persons: Chuck Schumer, ” Mr, Schumer, Mike Johnson Organizations: New York Democrat
U.S. stock futures oscillated near the flat line on Thursday night. S&P 500 futures ticked down by 0.03%, while Nasdaq 100 futures added 0.01%. The S&P 500 added 0.88%, while the Nasdaq Composite climbed 1.35%. The S&P 500 and the Nasdaq are now positive for 2024. The S&P 500 is marginally lower by 0.06%.
Persons: iRobot, Joe Biden, Dow, Thomas Martin, Ally Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Street Journal, European Commission, Dow, Bank of America, Apple, Tech, Treasury, Globalt Investments, Regions Financial, Ally Financial, State Street, Traders Locations: New York City . U.S
CHICAGO (AP) — As temperatures hover below freezing in Chicago, dozens of asylum-seekers are staying in the lower level of a library until the bitter cold gripping much of the country lifts. But after that, Chicago’s plans for offering immediate shelter to the growing number of migrants arriving in the nation’s third-largest city remain murky. Last week, it was parked city buses. “The city’s favorite word for everything is ‘temporary,’” said Vianney Marzullo, a volunteer who has helped migrants staying at O’Hare International Airport. Marylin Gonzalez, 34, slept on the buses last week along with her husband and three children, ages 15, 16 and 18.
Persons: ’ ”, Vianney Marzullo, , Greg Abbott, Brandon Johnson, Abbott, Johnson, ” Johnson, J.B, Pritzker, Marylin Gonzalez, Gonzalez, , Harold, Angel Alberto Chourio Organizations: CHICAGO, Chicago, O’Hare International, Texas Gov, Illinois Gov, O’Hare, Emergency Management, Harold Washington Library Center, Associated Press Locations: Chicago, New York, Denver, Democratic, Big, Texas, Venezuela
The Senate on Tuesday took the first step in advancing a stopgap spending bill to avoid a partial government shutdown at the end of the week, buying time to enact a broader bipartisan funding agreement for the remainder of the year. By a 68-to-13 vote, senators voted to take up the legislation, which would temporarily extend funding for some federal agencies until March 1 and for others through March 8. Their opposition means that Mr. Johnson is all but certain to be forced once again to turn to Democrats for help in passing crucial spending legislation, in a vote expected later this week. “The key to finishing our work this week will be bipartisan cooperation in both chambers,” said Senator Chuck Schumer, Democrat of New York and the majority leader. “You can’t pass these bills without support from Republicans and Democrats in both the House and the Senate.”
Persons: Mike Johnson, Johnson, , Chuck Schumer, Organizations: Louisiana Republican, Senate, Republicans, Democrats Locations: Louisiana, New York
In reaching the agreement, House Speaker Mike Johnson risks triggering a backlash from House Republicans who are itching for another fight. Photo: Kent Nishimura/Getty ImagesWASHINGTON—Congressional leaders have reached an agreement on a new stopgap spending bill that would extend government funding into March, as House Speaker Mike Johnson (R., La.) sticks to his plan to defy the most brass-knuckled budget hawks in his party in a bid to avoid a government shutdown. The government has been running on short-term spending laws, known as continuing resolutions, or CRs, since the start of the fiscal year on Oct. 1, as lawmakers continued to negotiate full-year funding.
Persons: Mike Johnson, Kent Nishimura Organizations: House Republicans, Getty, WASHINGTON, Congressional, CRs
Mike Johnson sided with the military hawks and appropriators in his GOP conference. Photo: anna rose layden/ReutersWASHINGTON—Congressional leaders have reached an agreement on a new stopgap spending bill that would extend government funding into March, according to a person familiar with the matter, as House Speaker Mike Johnson (R., La.) sticks to his plan to defy the most brass-knuckled budget hawks in his party in a bid to avoid a government shutdown. The government has been running on short-term spending laws since the start of the fiscal year on Oct. 1, as lawmakers continued to negotiate full-year funding.
Persons: Mike Johnson, anna, layden Organizations: GOP, WASHINGTON, Congressional
Congressional leaders unveiled stopgap legislation on Sunday to avert a partial government shutdown, teeing up a race to pass the bipartisan spending deal into law before a deadline at the end of the week. The bill, which came out of a spending deal negotiated by Speaker Mike Johnson and Senator Chuck Schumer, the majority leader, would temporarily extend funding for some federal agencies until March 1 and for others through March 8. It would keep the government funded at its current spending levels, without any policy changes or conditions. In a sign that Democrats were preparing to muster the bulk of the votes to pass the bill, Representative Hakeem Jeffries of New York, the minority leader, signaled his backing of the bill on Sunday night. He wrote to his caucus that he was “in strong support of the effort to keep the appropriations process moving forward and avoid a disruptive partial government shutdown.”
Persons: Mike Johnson, Chuck Schumer, Johnson, , Republicans —, Kevin McCarthy, Hakeem Jeffries Organizations: Republicans Locations: New York
WASHINGTON (AP) — Congressional leaders are preparing a stopgap bill to keep the federal government running into March and avoid a partial shutdown next week. The stopgap bill, expected to be released Sunday, would come as House Speaker Mike Johnson, R-La., has been under pressure from his hard-right flank in recent days to jettison a recent bipartisan spending deal with Senate Democrats. Johnson insisted Friday that he is sticking with the deal he struck with Senate Majority Leader Chuck Schumer, D-N.Y., despite pressure from some conservatives to renegotiate. Political Cartoons View All 253 Images“Our top-line agreement remains,” Johnson said Friday, referring to the budget accord reached Jan. 7. That accord sets $1.66 trillion in spending for the next fiscal year, with $886 billion of the tally going to defense.
Persons: Mike Johnson, Johnson, Chuck Schumer, ” Johnson Organizations: WASHINGTON, Congressional, Democrats
Senate Republicans repeatedly said this week that a short-term spending bill may be necessary to keep the government open, a harsh reality for House Speaker Mike Johnson, who is balancing a looming shutdown deadline with the demands of hardline Republicans. The last temporary spending bill Congress passed, in November, established a laddered schedule of funding deadlines, the first on Jan. 19 and the other on Feb. 2. Meanwhile, eyes are on Johnson to follow through on the hardline Republican demands he was elected to champion. If not, he could meet the same fate as his predecessor, former House Speaker Kevin McCarthy, R-Calif., who was ousted in part for conceding to Democrats to avoid a government shutdown. While following through on the hardline demands would earn Johnson points with some House Republicans, it makes negotiating with Democrats harder, adding time to budget talks that he does not have.
Persons: Mike Johnson, Jan, Sen, John Cornyn, John Thune, Mitch McConnell, Johnson, Kevin McCarthy, Donald Trump, Hugh Hewitt, dwindles, Chuck Schumer Organizations: U.S, Capitol, Republicans, Republican, CRs, Street Locations: Texas, Ky
CNN —The US Senate Budget Committee is launching an investigation into whether Florida’s state-backed home and property insurance company has enough money in the bank to withstand future disasters, as scientists warn warming oceans and sea level rise are making storms more destructive. Citizens Property Insurance Corporation exists as a so-called insurer of last resort - if owners cannot convince a private insurance company to cover their property, Citizens will step in. If that were to happen, the Senate Budget Committee is worried Florida might turn to the federal government looking for a bailout, Whitehouse said. State insurers of last resort were originally intended as a stopgap for consumers, ensuring their coverage wouldn’t be interrupted. Florida isn’t alone; some major private insurers have either pulled out or stopped writing new policies in wildfire-prone California.
Persons: Ron DeSantis, , Sen, Sheldon Whitehouse, ” Whitehouse, Michael Peltier, Whitehouse, , Benjamin Keys, ” Keys, , Keys, “ It’s Organizations: CNN, Citizens Property Insurance Corporation, Republican Gov, Citizens, Democrat, , Munich Re, Swiss, Wharton School, University of Pennsylvania, Senate, FAIR, Florida’s Citizens, Budget Locations: After Florida, Rhode Island, Florida, Miami, Tampa, “ Florida, Munich, riskiest, California
Celsius, the suddenly-ubiquitous energy drink, is a favorite of Gen Z — and Capitol Hill. "I love to take meetings in front of the Celsius vending machine," he told Business Insider. "It's a way better alternative to coffee, honestly," Robertson told Business Insider. "Capitol Hill is full of young, energetic career-oriented people who by and large care about fitness," he told Business Insider. Stanford said these young workers are part of a new consumer group that's helping drive the overall growth of the energy drink market.
Persons: Z, , Matthew Hoekstra, Gen Z, Brent Robertson, Roger Marshall, Victoria Knight, Knight, she's, Robertson, Hoekstra —, Matthew Hoekstra Florida, Anna Paulina Luna, w3O2gsMYXP —, Eric Garcia, Rayburn, Dirksen, — Doug Andres, @DougAndres, curt, Duane Stanford, Stanford, Hoekstra, John Parra, Garcia Organizations: Capitol, Service, Republican Kansas, Capitol Press Corps, PepsiCo, Vibe, Caucus, The Independent, Republican House, Cannon, Beverage, Essential Energy, Republicans Locations: Washington, Rayburn
VA loan borrowers were given the option to put their mortgages in forbearance, meaning they could temporarily pause their mortgage payments. So on November 17, the VA announced a stopgap for distressed VA borrowers. Advertisement"This is good news for VA borrowers, especially those who may be struggling with their mortgage payments," says Christy Bunce, president of New American Funding. How to take advantage of the Refund Modification programDuring the pause, the VA is also offering its Refund Modification program. The VA says that borrowers struggling to make mortgage payments should visit the VA Housing Assistance website or call 877-827-3702 for help.
Persons: servicers, , who's, it's, Christy Bunce, Bunce Organizations: Service, Department of Veterans Affairs, NPR, Veterans, New Locations: forbearance
That shift appears to come mostly from Republicans: 59% now say too much is spent on Ukraine aid, but that’s down from 69% in October. Nonetheless, the Republican resistance to continued Ukraine aid remains strong. Then last week, it passed a stopgap funding measure that keeps the government operating through early next year, but with no additional Ukraine aid. “It’s a big lump sum.”Four in 10 U.S. adults say Ukraine is an ally that shares U.S. interests and values. About half of Republicans say Ukraine is a partner that the U.S. should cooperate with, but say it is not a nation that shares U.S. values.
Persons: Joe Biden, , Eric Mondello, Mondello, Paula Graves, “ Putin, Graves, He’s, who’s, ” Graves, Biden, Lloyd Austin, don’t, John Kirby, , Mitch McConnell, Dakota Sen, John Thune, Mike Johnson —, Johnson, Pearson, Peter Einsig, Einsig Organizations: WASHINGTON, , Associated Press, NORC, for Public Affairs Research, Capitol, Republicans, America, U.S, White, National Security Council, White House, Senate, Republican, Ukraine, Kyiv, Democratic, GOP, AP Locations: Washington, Kyiv, Ukraine, Russia, Fountain , Colorado, Clovis , California, Israel, Russian, America, , U.S, Ky, Dakota, United States, Tulsa , Oklahoma
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
Total: 25