President Donald Trump weighed in. J.D. Vance put in effort. Elon Musk did what Elon Musk does. Speaker of the House Mike Johnson tried to push it through. Despite those efforts, the Continuing Resolution to keep the government running plus a few other items failed to pass.
Now, Johnson and his team have to get a deal done Friday that will appease enough Democrats and dissenting Republicans or there will be a partial government shutdown.
According to Fox News:
The legislation was hastily negotiated on Thursday after GOP hardliners led by Elon Musk and Vivek Ramaswamy rebelled against an initial bipartisan deal that would have extended the government funding deadline until March 14 and included a host of unrelated policy riders.
The new deal also includes several key policies unrelated to keeping the government open, but the 116-page bill is much narrower than its 1,547-page predecessor.
Like the initial bill, the new iteration extended the government funding deadline through March 14 while also suspending the debt limit – something Trump had pushed for.
It proposed to suspend the debt limit for two years until January 2027, still keeping it in Trump’s term but delaying that fight until after the 2026 Congressional midterm elections.
Some Republicans who voted against the bill chimed in on X:
I voted no on a Trillion Dollar CR that I wasn’t even allowed to read. pic.twitter.com/Y6CUtsIRaG
— Tim Burchett (@timburchett) December 20, 2024
I understand a lot is flying around – but I was one of the first out publicly against the CRamnibus.
Currently, I’m against raising the debt ceiling without major spending cuts/reform.
Congress needs to feel the pain of their actions and confront reality. https://t.co/X2n5XnNL7M
— Chip Roy (@chiproytx) December 20, 2024
This isn’t complicated.
Separate the bills and vote on them individually.
one vote on the clean CR
one vote on the debt limit
one vote on disaster relief
one vote on farm bailouts
Radical right? Individual bills for each issue.
— Thomas Massie (@RepThomasMassie) December 20, 2024
My conscience led me to a “no” as the bill increases spending by over 100 billion, increases the debt limit, and does NOT offer real spending cuts, therefore allowing inflation to continue. My mind is on all Oklahoma families, farmers, and ranchers who have lost approximately 20…
— Congressman Josh Brecheen (@RepBrecheen) December 19, 2024
Will the government get shut down? Will relief be delivered to hurricane victims and farmers? Will spending be cut? These are all questions that may or may not get answered Friday.
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
