Trump urges Americans to vote Republican to cut deficit

Rand Paul speaks to reporters on his way to the floor of the US Senate

The midnight deadline was missed because of a nine-hour, on-again, off-again Senate floor speech by Senator Rand Paul, who objected to $300 billion in deficit spending in the bill. It also extends the federal debt ceiling to March 2019.

There was far less drama in the Senate, where the measure sailed through by a 71-28 tally.

The bill was approved by a wide margin in the Senate and it survived a rebellion of 67 conservative Republicans in the House of Representatives thanks to the support of some Democrats.

Ryan made a public pitch for votes on February 8, emphasizing the increased funding for the Pentagon to assuage the concerns of Republicans who said they would vote no because the plan also raised spending on domestic programs.

It also would increase the government's debt cap, preventing a first-ever default on USA obligations that looms in just a few weeks. Next up, however, is a Senate immigration battle that may well lead nowhere, complicated by divisions within parties rubbed raw by the spending pact plus election-year pressures that always make compromise challenging.

The partial shutdown — the military and essential workers would remain on the job regardless — was the second in less than a month.

The Republican Party was once known for fiscal conservatism, but congressional Republicans and Trump are now quickly expanding the USA budget deficit and its $20 trillion national debt.

"I ran for office because I was very critical of president Obama's trillion-dollar deficits", Paul said.

Mulvaney told federal agencies they should execute their contingency plans and instructed federal employees to report to work Friday to "undertake orderly shutdown activities". The Senate eventually approved the bill, followed by the House, after that shutdown technically started. "If it's truly our core principle, it should be equal whoever is in the White House". Aides closed shop early in the night, with no comment on the display on the Hill. "Also means JOBS, JOBS, JOBS!" tweeted the President.

Trump tweets, "Just signed Bill". GOP leaders were using that argument and a desire to boost military spending to sell the budget plan.

"We will effectively shut down the federal government for no good reason", said Sen. Non-defense spending will rise by $63 billion this year and $68 billion next year.

House Democratic leaders opposed the measure — arguing it should resolve the plight of Dreamers — but not with all their might.

"If you vote no, you're voting against fixing the military", said Rep. Mac Thornberry, R-Texas, chairman of the House Armed Services Committee.

Ryan didn't immediately respond. Markets barely flinched at the last shutdown in January, but that was before a sell-off that started on January 30 amid concerns about inflation and higher interest rates. Trump has vowed to end the so-called Deferred Action for Childhood Arrivals, or DACA, program, by March 5. That's in addition to the estimated $1 trillion added to the deficit over a decade by the Republican tax cut legislation passed in December. But they pointed to money they have long sought for the Pentagon, which they say needs huge sums for readiness, training and weapons modernization.

"Costs on non-military lines will never come down if we do not elect more Republicans in the 2018 election, and beyond". The bill rains money on the military - $160 billion over two years - and sets aside billions for mental health and the opioid crisis, veterans and even child care. It also renews a number of expired tax breaks for calendar 2017 including for cellulosic biofuel, while extending a nuclear power tax credit that was scheduled to expire so that it is available after 2020.

Representative Luis Gutierrez, an Illinois Democrat, urged his party to kill the spending bill unless it also protected young immigrants who were brought to the US illegally as children and have been shielded under the soon-to-end Deferred Action for Childhood Arrivals program. "So if we can negotiate a deal like I think we've gotten that essentially meets every other one of our priorities then I think that's where a lot of the Democrats are".

Related:

Comments


Other news