Index Investing News
Monday, April 27, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

US House panel approves four funding bills; government shutdown deadline approaches By Reuters

by Index Investing News
September 23, 2023
in Markets
Reading Time: 3 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


© Reuters. The U.S. Capitol dome is seen in a reflection outside the United States Capitol building in Washington, U.S., September 22, 2023. REUTERS/Evelyn Hockstein

WASHINGTON (Reuters) – The U.S. House of Representatives’ Rules Committee on Saturday voted, 9-2, to tee up four appropriations bills for debate on the full House floor, the latest move in Republicans’ last-ditch bid to prevent government shutdowns after a Sept. 30 deadline.

The committee’s action, on a rare Saturday session, sets rules for debating the four bills covering fiscal 2024 funding for the departments of Defense, Agriculture, State and Homeland Security.

It was unclear whether enough Republicans will vote on the House floor for the rules, which must be established before the House can proceed to the funding bills themselves.

Infighting between far right and moderate House Republicans has so far stymied attempts to advance most legislation that would keep the government running when the new fiscal year starts on Oct. 1. Their party holds a narrow 221-212 majority in the House and can afford very few defections.

A short-term spending bill, known as a continuing resolution, will almost certainly be needed to avert many federal agencies from suspending operations when existing monies expire in a week. A group of far-right Republicans has fought against this, seeing it as endorsing government spending they consider too high.

“To talk about a CR (continuing resolution) is too premature,” Republican Representative Andy Ogles told reporters outside a House Rules Committee meeting on Friday ahead of the vote. “We have a task at hand which is to pass 12 appropriations bills and that’s what we need to focus on.”

Instead, House Republicans have prepared the four separate, full-year spending bills that are certain to be rejected by the Democratic-controlled Senate. So far, the House has passed only one of 12 appropriations bills for the fiscal year, which the Senate has not planned to take up.

“The goal is to try to move as many (bills) as possible to show the good faith effort on both sides” of the Republican caucus, Representative Marc Molinaro, a moderate freshman Republican, told reporters on Friday.

House Speaker Kevin McCarthy has said the House may begin advancing the four bills on Tuesday as he seeks leverage in negotiations with the Senate. He is hoping the bills will give him enough room to advance a short-term spending bill to keep the government running through Oct. 31, though a handful of Republicans have said they oppose a short-term funding bill.

The vote by the Rules Committee comes two days after five Republicans joined with Democrats to block a procedural vote on the defense spending bill. It was the third time the party had failed to advance that legislation, which has broad support from Republicans.

If Congress cannot agree on a spending plan, government activities will be shuttered or limited.

Former President Donald Trump, the leading candidate for the Republican nomination for the 2024 presidential election, has publicly supported a shutdown. During Trump’s four-year presidency, the government closed three times.

A shutdown is not completely inevitable. Senate Majority Leader Chuck Schumer, a Democrat, scheduled a procedural vote for Tuesday evening to begin advancing a stopgap funding bill.

If that passes, McCarthy would decide on bringing it up for a vote in the House, risking the wrath of his conservative flank. That could potentially spark a move to remove McCarthy from his speakership, leading to further chaos in the House.



Source link

Tags: ApproachesApprovesbillsDeadlineFundinggovernmentHousepanelReutersshutdown
ShareTweetShareShare
Previous Post

BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC By Cointelegraph

Next Post

If West wants battlefield resolution to Ukraine conflict, so be it – Lavrov — RT World News

Related Posts

Here’s How NVIDIA Hits 0 a Share by 2030

Here’s How NVIDIA Hits $670 a Share by 2030

by Index Investing News
April 25, 2026
0

Long before NVIDIA $NVDA became the most valuable company in the world we theorized that’s what would happen. No crystal...

From Mani-Pedis to a Million Bucks

From Mani-Pedis to a Million Bucks

by Index Investing News
April 21, 2026
0

Life takes us all on a journey. One that ultimately defines us as individuals. For some of you, that path...

JetBlue Airways (JBLU) Jumps 9.3% to .02

JetBlue Airways (JBLU) Jumps 9.3% to $6.02

by Index Investing News
April 17, 2026
0

JetBlue Airways Corporation surged 9.3% Friday to close at $6.02 as the airline announced new summer seasonal service between Boston...

Value beating growth across the board this year

Value beating growth across the board this year

by Index Investing News
April 13, 2026
0

Apr 13, 2026, 11:21 AM ETVanguard Russell 3000 Index Fund ETF (VTHR), IWV, IWB, IWR, IWC, IWN, IWO, IWMIVW, IWF,...

Northwest Bancshares stock hits 52-week high at 13.62 USD By Investing.com

Northwest Bancshares stock hits 52-week high at 13.62 USD By Investing.com

by Index Investing News
April 9, 2026
0

Northwest Bancshares Inc. stock reached a new 52-week high, closing at 13.62 USD. This milestone reflects a significant upward trajectory...

Next Post
If West wants battlefield resolution to Ukraine conflict, so be it – Lavrov — RT World News

If West wants battlefield resolution to Ukraine conflict, so be it – Lavrov — RT World News

Celtics come to a decision on Malcolm Brogdon

Celtics come to a decision on Malcolm Brogdon

RECOMMENDED

Trump to drag US out of Paris local weather settlement – NYT — RT World Information

Trump to drag US out of Paris local weather settlement – NYT — RT World Information

November 10, 2024
Actual Property Traders Ran 0M Ponzi Ploy to Recoup Shareholders: Choose

Actual Property Traders Ran $230M Ponzi Ploy to Recoup Shareholders: Choose

October 19, 2024
Custom-built Wisconsin cabin with outdoor pickleball court lists for .8M (gallery)

Custom-built Wisconsin cabin with outdoor pickleball court lists for $3.8M (gallery)

October 29, 2022
Is India at Risk of Chinese-Style Surveillance Capitalism?: Andy Mukherjee

Is India at Risk of Chinese-Style Surveillance Capitalism?: Andy Mukherjee

August 9, 2022
Minority shareholders denounce Brazil’s Americanas for ‘multi-billion fraud’ By Reuters

Minority shareholders denounce Brazil’s Americanas for ‘multi-billion fraud’ By Reuters

January 13, 2023
Steve Hill: Prospects are limitless in Las Vegas because of imaginative and prescient of locals

Steve Hill: Prospects are limitless in Las Vegas because of imaginative and prescient of locals

March 4, 2025
FirstFT: New UK lender plans 50-year mounted fee mortgages

FirstFT: New UK lender plans 50-year mounted fee mortgages

August 16, 2022
10 gamers who can shine beneath Thomas Tuchel for England

10 gamers who can shine beneath Thomas Tuchel for England

October 16, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In