Connect with us

Hi, what are you looking for?

Daily Market SolutionDaily Market Solution

Investing

Senior US House Republican calls for talks with Democrats as shutdown looms

By Moira Warburton

WASHINGTON (Reuters) – A senior U.S. House Republican said on Thursday that his party needs to begin talks with Democrats on funding the government past a Sept. 30 deadline, as Speaker Mike Johnson plotted his next move after pulling a controversial stopgap funding bill.

Representative Tom Cole, the Republican chair of the House Appropriations Committee, told reporters that he and others were “supportive of what he (Johnson) is trying to do,” but pointed out that the deadline is rapidly approaching.

Johnson on Wednesday canceled a vote on a bill that would have extended government funding at current levels into March 2025 and implemented a controversial provision requiring people to provide proof of citizenship to register to vote because of opposition within his own party.

Republicans currently hold a 220-211 House majority, meaning they have repeatedly had to rely on Democrats to pass legislation.

But Democrats opposed the funding bill due to the voting measure, which they said was unnecessary given that it is already illegal for noncitizens to vote in federal elections.

Johnson is under added pressure from Republican presidential candidate Donald Trump, who has urged Republicans to shut down the government if they cannot pass the voting measure.

But Trump’s position is not popular among the moderates in his party, many of whom are about to face tough reelection fights in the Nov. 5 general election.

“We can’t have a government shutdown five weeks before an election,” Cole said. “There are some things that do need to be negotiated, and the final deal is going to take Democratic votes,” he said, pointing to Democratic control of the U.S. Senate and the White House, both of which will need to agree to any final stopgap funding solution.

Democratic House Minority Leader Hakeem Jeffries told reporters on Thursday that he had a “brief conversation” with Johnson the day before about finding “a path forward” on government funding, but declined to share details of the discussion.

This post appeared first on investing.com







    You May Also Like

    Editor's Pick

    Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trump’s running mate, Sen. J.D. Vance (R-Ohio),...

    Investing

    Australia is home to a thriving tech sector with investment opportunities across a variety of subsectors. The tech sector contributed about AU$167 billion to...

    Editor's Pick

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

    Investing

    Overview Energy Fuels (TSX:EFR,NYSE:UUUU) has been the largest producer of uranium in the United States and an emerging producer of rare earth elements (REEs)....

    Disclaimer: Dailymarketsolution.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 dailymarketsolution.com