WorldMcCarthy Demands 8% Spending Cut, Border Wall to Avert Shutdown by admin September 19, 2023 written by admin September 19, 2023 Bookmark 14(Bloomberg) — House Speaker Kevin McCarthy proposed a deal to temporarily avert a US government shutdown, with demands including an 8% spending cut for domestic agencies and a resumption of border wall construction.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysCarry Trade Mints 42% Profit and Sparks Push Into New MarketMGM Resorts Hackers Broke In After Tricking IT Service DeskMcCarthy presented the plan to Republican lawmakers in a conference call Sunday evening after negotiators representing key factions within the House GOP settled on the demands to temporarily fund the government for 31 days. A House vote on the measure is planned for Thursday.The demands, which also include provisions curtailing the ability of migrants to claim asylum in the US, are anathema to most Democrats and aren’t likely to be accepted by the Democratic-led Senate. That means the bill doesn’t reduce the risk of a shutdown.The bill also doesn’t contain emergency Ukraine war funds or disaster aid including relief for victims of Maui wildfires and a Florida hurricane requested by President Joe Biden’s administration.McCarthy immediately faced opposition from some GOP ultra-conservatives that could doom the plan. Six hard-right lawmakers quickly announced their opposition. McCarthy can only afford to lose four Republicans, without Democratic support.Read More: Migration Clash Emerges as Flashpoint in GOP Shutdown FightBut if McCarthy and the plan’s authors can unite Republicans behind the strategy, it would clear the way for the House to vote on a proposal for temporary funding. Efforts to pass funding measures have ground to a halt in the House amid clashes between GOP hardliners and moderates.McCarthy became so frustrated with hardliners’ opposition to any spending measures that he dared them at a meeting on Thursday to try to oust him from his leadership position.The new proposal followed days of talks between leaders of two key Republican factions. Representatives Byron Donalds, a negotiator for the ultra-conservative Freedom Caucus, and Dusty Johnson, leader of the more moderate Main Street Partnership, presented the plan in the conference call.Still, the plan quickly ran into objections from the hard right that jeopardize its chances in the House.Representative Rosa DeLauro, the top-ranking Democrat on the House Appropriations Committee, said the GOP proposal was “extreme” and “would cut funding to the National Institutes of Health including funding for cancer research, defund the police, and decrease resources to important allies like Ukraine and Israel.”Earlier Sunday, McCarthy said he hoped to avert a shutdown because it would undermine Republicans’ leverage in negotiations over federal spending.Read More: McCarthy Says Government Shutdown Would Be Self-Defeat for GOP“I want to make sure we don’t shut down,” McCarthy said on Fox News’ Sunday Morning Futures. “I don’t think that is a win for the American public and I definitely believe it’ll make our hand weaker if we shut down.”(Updates with detail beginning with sixth paragraph)Most Read from Bloomberg BusinessweekMBAs Are Spurning McKinsey to Buy Small CompaniesThe Real-Life Inspiration Behind The Bonfire of the VanitiesAn Online Startup Pitches a New Kind of MBAHow Sam Bankman-Fried’s Elite Parents Enabled His Crypto EmpireTikTok Shop Is a Real E-Commerce Threat©2023 Bloomberg L.P. 0 comment 0 FacebookTwitterPinterestEmail admin Follow Author previous post Donald Trump Wishes ‘Liberal Jews’ a Happy New Year by Accusing Them of Destroying America next post China flies 103 military planes toward Taiwan in a new high of activity the island calls harassment You may also like Bookmark RM400m subsidy for govt premises to use imported... October 2, 2023 Bookmark Consumers welcome more govt interventions over rice supply October 2, 2023 Bookmark Ministry channels RM33m for 13 vaccine research projects October 2, 2023 Bookmark Anwar: Why angry at DAP? They supported Felda... October 2, 2023 Bookmark Calls for Madani medical scheme to be expanded October 2, 2023 Bookmark In Pelangai, Anwar says bringing in FDI for... October 2, 2023 Bookmark UK’s Hunt tries to defuse tax row with... October 2, 2023 Bookmark Andretti wins FIA approval of bid to enter... October 2, 2023 Bookmark US Supreme Court spurns copyright fight over concert... October 2, 2023 Bookmark Beyonce’s concert film to be distributed globally by... October 2, 2023Leave a Comment Cancel ReplySave my name, email, and website in this browser for the next time I comment.