
News Link • Government Debt & Financing
House Republicans Strike Spending Deal After Trump Steps In
• https://www.breitbart.com, Bradley JayeRepublicans from different ideological corners of the caucus shuffled down Capitol corridors, primarily between the Speaker's suite and Majority Whip Tom Emmer's (R-MN) office, trying to strike a deal throughout Thursday.
Johnson's short-term continuing resolution with tens of billions of dollars in add-ons, multiple extensions and reauthorizations, and hundreds of pages of provisions maligned as handouts to Democrats and lobbyists, was heavily criticized by Republicans as its details emerged earlier in the week. The House website unveiled the text of the bill Tuesday evening.
By Wednesday afternoon, Trump and Vice President-elect JD Vance had stepped in to kill it.
Vance spent much of Wednesday evening in the Speaker's office. Trump and Vance's team, led by top congressional liaison James Braid, a former top Senate hand to Vance, took a significant role in Wednesday's negotiations.
By late afternoon, a deal was reached.
The new spending deal includes a three-month clean extension of current spending levels, a one-year farm bill extension, $110 billion in disaster aid, and – as Trump requested – a two-year suspension of the debt limit until January 2027.
NEWS: House GOP has agreed on a plan B CR with the following, multiple sources tell me:
— Liz Elkind (@liz_elkind) December 19, 2024
- Clean 3-mo CR
- Clean farm bill pkg
- Disaster aid - $110B
- Clean health extenders w/o PBM reform
- Paygo scorecard wiped to zero
- 2-yr suspension of debt limit to Jan 2027
- No E15