spot_imgspot_img

Spending Bill Fails, but GOP Vows To Cut Waste

spot_img

(AURN News) — A clean spending bill failed to pass the House Thursday night following intervention from President-elect Donald Trump. The original funding bill was 1,500 pages long and, after Trump’s involvement in cutting waste, is down to 116 pages.

“This is Washington. This is how the lawmaking is done. It’s a long process,” Johnson said. “Sometimes it takes a while to reach consensus.”

Johnson also anticipates a major shift when it comes to government spending when he says Republicans will have greater control. “Republicans will have control of the White House and the Senate and the House, and we’ll be able to make the key decisions about funding for the 2025 fiscal year,” Johnson said.

The bill includes $100 billion for hurricane relief and $10 billion in emergency aid for struggling farmers and ranchers. Johnson attributed agricultural difficulties to “Bidenomics and inflation, the high cost of inputs and fertilizer and seed.”

A key provision in the new bill extends the debt ceiling to Jan. 30, 2027. Trump, weighing in on Truth Social, pushed for an even longer extension: “Congress must get rid of, or extend out to, perhaps, 2029, the ridiculous Debt Ceiling. Without this, we should never make a deal. Remember, the pressure is on whoever is President.”

The new proposal marks a departure from the initial spending bill, which had included a controversial congressional pay raise before Trump became involved in negotiations. The new bill also extended the debt limit to Jan. 20, 2027.


Click play to listen to the AURN News report from Jamie Jackson:

The post Spending Bill Fails, but GOP Vows To Cut Waste appeared first on American Urban Radio Networks.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Fani Willis Removed From Trump Election Case

A state of appeals court has removed Fulton County...

King County prosecutors charge 17 for $100,000 in vandalism damages

(The Center Square) – The King County Prosecuting Attorney's...

Thoughts already turning toward Ohio’s next legislative session

(The Center Square) – While the last General Session...

Audit: Parish overpays misrepresentative clerks

(The Center Square) – Accounting contractors working for St....

Holiday traffic could eclipse records

(The Center Square) – AAA is predicting 108,677 more...

Colorado economy expected to slow

(The Center Square) – Colorado's economy is expected to...

LA honors homeless lives lost as overdose, violence and illness drive rising deaths

(The Center Square) – Los Angeles will be recognizing...

More like this
Related

Fani Willis Removed From Trump Election Case

A state of appeals court has removed Fulton County...

King County prosecutors charge 17 for $100,000 in vandalism damages

(The Center Square) – The King County Prosecuting Attorney's...

Thoughts already turning toward Ohio’s next legislative session

(The Center Square) – While the last General Session...

Audit: Parish overpays misrepresentative clerks

(The Center Square) – Accounting contractors working for St....