Connect with us

Hi, what are you looking for?

Economy

House GOP majority to shrink again in time for potential government shutdown showdown

The House of Representatives is again teetering on the edge of a government funding showdown as House Republican leaders prepare for their majority to be whittled down to just two.

Rep. Bill Johnson, R-Ohio, confirmed to Fox News on Tuesday that he will resign from Congress effective Jan. 21 to be Youngstown State University’s next president.

That’s right in the middle of Congress’s two government funding deadlines. Under a continuing resolution (CR) passed late last year, the House and Senate must reach an agreement to fund certain agencies by Jan. 19 and others by Feb. 2. 

But the narrow two-seat margin Johnson will leave behind won’t last long. Rep. Brian Higgins, D-N.Y., said in November that he would leave Congress in February.

Fox News Digital reached out to Higgins’ office multiple times to ask about an exact resignation date.

If he stays past the first two days of the month, however, House Republicans will have little wiggle room in bipartisan negotiations on avoiding a government shutdown if a plan is not put in place by Feb. 2.

Former House Speaker Kevin McCarthy’s departure, effective Dec. 31, reduced the GOP to a three-seat majority just days before Johnson’s plans were announced. 

‘Between God, gravity, indictments and retirements, we’re one day away from losing the majority, depending on what happens.’

— Rep. Mike Garcia, R-Calif

Some House Republicans shrugged it off when asked by Fox News Digital in late December, including GOP Conference Vice Chair Blake Moore, R-Utah, who said their situation with Johnson and McCarthy leaving would not be much different than the four-seat majority House Republicans had been operating under for most of 2023.

‘It’s tough to operate in a four-seat [majority], it’s tough to operate in a two-seat [majority]. We’ve got to be judicious in what we get done and do something that we can all get behind,’ Moore said.

But others who spoke to Fox News Digital about McCarthy’s departure were more wary. Rep. Mike Garcia, R-Calif., said after McCarthy’s announcement last month, ‘Between God, gravity, indictments and retirements, we’re one day away from losing the majority, depending on what happens.’

Any government funding deal will have to be bipartisan, with House Speaker Mike Johnson, R-La., currently working with Senate Majority Leader Chuck Schumer, D-N.Y., on a top-line figure.

But it will be more difficult for Republicans to extract the kind of conservative policies that they fit into several House-passed appropriations bills last year if they can only lose two House Republican votes to pass bills.

Speaking to reporters on Wednesday, Schumer said he is hopeful that a bipartisan deal will be reached in time to avoid a shutdown.

‘We’re getting quite close,’ the New York Democrat said. ‘I’m hopeful that we can get a budget agreement soon, and I’m hopeful that we could avoid a shutdown, given the progress we’ve made. That is certainly not out of the question, as some people have said it would be.’

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Overview The world of business technology has evolved. Driven by the shift towards distributed work and cloud application delivery, enterprise infrastructure is undergoing a...

    Investing

    Overview Hempalta Corp. (TSXV:HEMP) is engaged in processing industrial hemp at scale to produce a range of consumer and commercial products. Its proprietary processing...

    Investing

    Overview ALX Resources (TSXV:AL,FWB:6LLN,OTC:ALXEF) is dedicated to providing shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties, which include...

    Investing

    Overview Flynn Gold Limited (ASX: FG1) is an Australian mineral exploration company with a portfolio of projects in Tasmania and Western Australia. Tasmania is...

    Disclaimer: gorgeousincome.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 gorgeousincome.com