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October 31, 2023

Biden Threatens to Vote 2 GOP Funding Bills

House Republicans have two funding bills on the floor right now: HR 4821 and HR 4820.

The bills cover appropriations for the Department of the Interior, Department of Transportation, Department of Housing and Urban Development, and their related agencies.

The Biden administration is now stating that Biden should veto the bills if they make it through Congress and to his desk.

VETO

The reason that the administration is saying no is one of the main reasons that Rep. Kevin McCarthy (R-CA) lost his gavel.

Biden and McCarthy negotiated a deal, but it was a deal that many House Republicans did not agree with.

McCarthy is now out. However, Biden believes that deal should still be respected, but Speaker Johnson (R-LA) appears to be ready to draw the line against omnibus legislation.

Another sticking point for Biden is that Republicans are now going after funds from the Inflation Reduction Act that have not yet been put into play.

This was legislation forced through by Democrats that was touted as addressing inflation, but all it really did was fund pet projects and climate change.

As an example, the IRS was slated to get more than $70 billion from the legislation, which is a chunk of the money that the GOP is going after to fund other legislation.

Biden’s Office of Management and Budget (OMB) wants the legislation vetoed if it gets to Biden’s desk.

The Whtie House stated, "House Republicans had an opportunity to engage in a productive, bipartisan appropriations process, but instead are wasting time with partisan bills that cut domestic spending to levels well below the FRA agreement and endanger critical services for the American people.

"These levels would result in deep cuts to clean energy programs and other programs that work to combat climate change, essential nutrition services, law enforcement, consumer safety, education, and healthcare."

It continued, "The Administration stands ready to engage with both chambers of the Congress in a bipartisan appropriations process to enact responsible spending bills that fully fund Federal agencies in a timely manner.”

Once again, the clock is ticking on a government shutdown, with a November 17 deadline.

They have more than two weeks to figure this out, but who wants to bet this comes down to the final hours before a solution is reached, likely with yet another temporary spending bill?

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