Connect with us

Hi, what are you looking for?

Oracle of  Omaha SaysOracle of  Omaha Says

Latest News

Trump, Schumer reach government funding deal, sacrifice DHS spending bill in the process

Senate Democrats and the White House reached a deal to fund the government, but lawmakers aren’t out of the woods yet in averting a partial shutdown. 

Senate Minority Leader Chuck Schumer, D-N.Y., and President Donald Trump labored over a deal from late night Wednesday until Thursday evening after the top Senate Democrat unleashed several funding demands and the White House accused Schumer of blocking a meeting with rank-and-file Democrats. 

‘The separation of the five bipartisan bills the Democrats asked for + the two-week DHS [continuing resolution] has been agreed to,’ Schumer said in a statement. 

Trump, in a post on Truth Social, said that the ‘only thing that can slow our Country down is another long and damaging Government Shutdown.’ 

‘I am working hard with Congress to ensure that we are able to fully fund the Government, without delay,’ Trump said. ‘Republicans and Democrats in Congress have come together to get the vast majority of the Government funded until September, while at the same time providing an extension to the Department of Homeland Security (including the very important Coast Guard, which we are expanding and rebuilding like never before).’ 

‘Hopefully, both Republicans and Democrats will give a very much-needed Bipartisan ‘YES’ Vote,’ he continued. 

The deal brokered between the two would see the Department of Homeland Security (DHS) funding bill stripped from the broader six-bill package. Schumer and Democrats have been adamant that if the bill were sidelined, they’d vote for the remaining five, which includes funding for the Pentagon. 

Their agreement also tees up a short-term funding extension, known as a continuing resolution (CR), for two weeks to keep the agency funded while lawmakers negotiate restrictions on Immigration and Customs Enforcement (ICE). 

Trump and Schumer’s bipartisan truce comes after Senate Majority Leader John Thune, R-S.D., and Senate Republicans barreled ahead with a test vote on the funding package that was ultimately torpedoed by Senate Democrats and a cohort of seven Republicans earlier in the day. 

Republicans again have the opportunity to bring the package back to the floor, but to speed up the process, they would need consent from lawmakers on both sides of the aisle.

And they are still working out the kinks on their own end through the hotline process, where the package is scrutinized by every Senate Republican before being given the go-ahead for a floor vote. 

Speedig up the process may prove tricky, given that several of the Republican defectors, including Sens. Ron Johnson, R-Wis., Rick Scott, R-Fla., and Ted Budd, R-N.C., were upset with earmarks baked into the bill. 

And Sen. Rand Paul, R-Ky., wants an amendment vote on his provision to strip the bill of millions in ‘refugee welfare money‘ and signaled that he may slow the process down if he doesn’t. 

Many Senate Republicans recognize that stripping the DHS bill is not the best outcome but contended that it was better than not funding the government and entering into yet another shutdown.

‘That’s the only way we’re going to get through this without a long government shutdown,’ Sen. Steve Daines, R-Mont., said. 

To his point, despite lawmakers reaching an agreement that will likely see the remaining bills passed and keep DHS funded for a month, the House will have to agree. They don’t return until next week, and fiscal hawks are already publicly panning the plan.

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    A former Republican legislative candidate who traveled to Washington for former President Donald Trump’s ‘Stop the Steal’ rally was arrested Friday and charged with...

    Economy

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Latest News

    Abbe Lowell, Hunter Biden’s attorney, filed an ethics complaint Friday against Georgia Rep. Marjorie Taylor Green after she displayed censured nude photos of the president’s...

    Stock

    Even as U.S. inflation broadly cools, frozen vegetable prices are hot. The average shelf price for frozen veggies rose by 18% in the past year...