On Wednesday, Home Republicans rejected Speaker Mike Johnson’s proposed spending invoice that might have prolonged federal funding till March 14 and averted a authorities shutdown.
The Particulars: President-elect Donald Trump and Elon Musk joined a big portion of Home GOP members in opposing the compromise invoice which included quite a few Democratic coverage priorities.
Learn Subsequent: Trump Administration May Ban Amazon’s Prime-Promoting Routers Linked To Chinese language Cyberattacks: Report
A number of the Republican-contested late additions from Democrats included a pay increase for members of Congress, new rules for well being plan directors and federal funds to rebuild the collapsed Francis Scott Key Bridge. The provisions had been added after Johnson opened the door with a last-minute addition of $10 billion in assist for farmers.
Trump and Vice President-elect JD Vance blasted the proposed spending invoice on Wednesday afternoon in a press release posted on social media.
Musk actively criticized the invoice on his social media platform X all through the day on Wednesday. He additionally posted victoriously on the platform after the invoice was rejected.
What’s Subsequent: Johnson, a Republican from Louisiana, has not outlined a backup plan and the following step stays unclear, in response to sources accustomed to the discussions, per the Washington Publish. Most federal operations would shut down at 12:01 a.m. Saturday if Congress doesn’t cross a invoice to increase the deadline.
Learn Subsequent:
This picture was generated utilizing synthetic intelligence by way of Dall-E 3.
Market Information and Information dropped at you by Benzinga APIs
© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.