The Senate advanced its 2024 federal spending plan Thursday, setting up a standoff with the Republican-led House that could lead to a partial government shutdown later this year.
advanced its 2024 federal spending plan Thursday, setting up a standoff with the Republican-led House that could lead to a partial government shutdown later this year.
The Democrat-led panel stuck to a $1.59 trillion cap set in a bipartisan deal to increase the nation’s borrowing limit, a measure President Biden signed earlier this month., Washington Democrat, called the spending limits “really challenging,” and warned she won’t go any lower than the caps, which were set by Mr. Biden and Speaker Kevin McCarthy, California Republican.
Across the Capitol, House Republicans, who control the majority, aren’t budging on their lower spending levels. Under the debt limit deal, if Congress fails to reach a bipartisan deal on spending by January 2024, all non-mandatory spending will be cut by 1%.
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