The U.S. Republican Party is considering a stopgap budget for a period of 14 to 60 days. Representative Graves, an ally of Speaker McCarthy, made this announcement on the 23rd.
With seven days left until the start of the new fiscal year on October 1, Congress needs to pass a short-term budget to prevent a government shutdown.
Mainstream Republicans have proposed a 31-day continuing budget resolution, but it has been opposed by Gaetz and others. House Republicans are now rushing to craft a new continuing budget resolution.
Congressman Graves
Photographer:Ting Shen/Bloomberg
According to lawmakers, the proposed amendments under consideration include a temporary 27% cut in spending (initially 8%).
Considering the House of Representatives’ deliberation schedule, there is little time left to cover the necessary bridge budget by the evening of the 30th.
Meanwhile, the U.S. Senate is working on its own interim budget bill, which could be released as soon as the 26th.
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news-rsf-original-reference paywall">Original title:House GOP Mulls Stopgap for 14 to 60 Days to Stave Off Shutdown(excerpt)
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2023-09-24 03:06:22