Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Trending Now

Macquarie Value Fund Q3 2025 Sales And Purchases

December 7, 2025

Fed expected to cut rates despite deep divisions over US economic outlook

December 7, 2025

Box Q3: Limited Alpha Ahead (NYSE:BOX)

December 5, 2025

John Wiley & Sons, Inc. (WLY) Q2 2026 Earnings Call Transcript

December 4, 2025

General Motors Company (GM) Presents at UBS Global Industrials and Transportation Conference Transcript

December 3, 2025

Verizon: Not A Value Trap, The Math Works (NYSE:VZ)

December 2, 2025
Facebook Twitter Instagram
  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact
Facebook Twitter Instagram
Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Sign Up for News & Alerts
Make a Living ClubMake a Living Club
Home » Factbox-Republican leadership fight means growing backlog of bills in US House
Economy

Factbox-Republican leadership fight means growing backlog of bills in US House

Press RoomBy Press RoomOctober 24, 2023
Facebook Twitter Pinterest LinkedIn WhatsApp Email

WASHINGTON (Reuters) – Infighting among Republicans who control the U.S. House of Representatives has left that chamber leaderless for three weeks, preventing Congress from taking up urgent legislation.

Here are some of the items on lawmakers’ growing to-do list:

ISRAEL AND UKRAINE AID, U.S. BORDER SECURITY

Democratic President Joe Biden has asked Congress to provide $61.4 billion to Ukraine and $14.3 billion to Israel to help in their military conflicts.

Those are the biggest items in a $106 billion package that also includes $13.6 billion for U.S. border security and $9.2 billion for humanitarian aid.

Biden has rolled all those items together, but Republicans may try to break them up, as they are divided over further support for Ukraine.

LOOMING GOVERNMENT SHUTDOWN

U.S. government funding is due to expire on Nov. 17 and a partial shutdown of many federal services, from scientific research to nutrition benefits, could begin the next day if lawmakers do not act.

Congress has yet to pass any of the 12 detailed spending bills that fund government operations for the fiscal year that started on Oct. 1. Republicans have passed four of those bills out of the House, but they differ significantly from bipartisan legislation being developed in the Senate.

To avert a partial government shutdown in mid-November, the House and the Democratic-controlled Senate will have to resolve their differences and send those 12 spending bills to Biden to sign into law, or else agree on a stopgap bill that would push the deadline back.

The government is currently funded by a similar stopgap bill that former House Speaker Kevin McCarthy engineered the passage of on Sept. 30, leading a small group of hardline Republicans to oust him and set off the current leadership crisis.

AIR TRAVEL

Congress also faces a Dec. 31 deadline to update legislation that covers the Federal Aviation Administration and other air travel issues.

The House passed bipartisan legislation in July, but the Senate has yet to pass its own version. The two chambers would need to resolve any differences before sending it on to Biden to sign into law.

Failure to renew these programs could prevent the government from collecting more than $50 million in taxes each day that fund the U.S. aviation system.

AGRICULTURE AND FOOD

Congress must renew legislation that covers farm subsidies, nutrition aid and other agricultural programs. Lawmakers are supposed to pass a new farm bill ever five years, but negotiations often push that deadline back. This version is expected to cost more than $1.5 trillion.

FLOOD INSURANCE

Congress also must periodically update the National Flood Insurance Program, which provides subsidized insurance to property owners in flood-prone areas.

The program is due to lapse on Nov. 17. If Congress does not renew it, the Federal Emergency Management Agency says it would be able to process insurance claims but would not be able to provide new policies, which could affect more than a thousand property sales each day.

 

 

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Treasury’s Yellen says funding bill allows lending of $21 billion to IMF trust By Reuters

Economy April 25, 2024

Pro-EU ex-minister beats Slovak PM Fico’s ally to set up run-off presidential vote By Reuters

Economy April 24, 2024

President Biden signs $1.2 trillion US spending bill By Reuters

Economy April 23, 2024

China plans new rules on market access, data flows Premier Li tells global CEOs By Reuters

Economy April 22, 2024

China could grow faster with pro-market reforms, IMF managing director says By Reuters

Economy April 21, 2024

China told it faces ‘fork in the road’ as officials meet CEOs By Reuters

Economy April 20, 2024
Add A Comment

Leave A Reply Cancel Reply

Latest News

Fed expected to cut rates despite deep divisions over US economic outlook

December 7, 2025

Box Q3: Limited Alpha Ahead (NYSE:BOX)

December 5, 2025

John Wiley & Sons, Inc. (WLY) Q2 2026 Earnings Call Transcript

December 4, 2025

General Motors Company (GM) Presents at UBS Global Industrials and Transportation Conference Transcript

December 3, 2025

Verizon: Not A Value Trap, The Math Works (NYSE:VZ)

December 2, 2025
Trending Now

John Hancock Multimanager 2015 Lifetime Portfolio Q3 2025 Commentary

December 1, 2025

BitMine Immersion: Major Test Passed So Far (NYSE:BMNR)

November 30, 2025

United Natural Foods Q1 Preview: Doesn’t Seem Like An Exciting Opportunity Right Now

November 28, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Make a Living is your one-stop news website for the latest personal finance, investing and markets news and updates, follow us now to get the news that matters to you.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Topics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
Quick Links
  • Cookie Policy
  • Advertise with us
  • Get in touch
  • Submit News
  • Newsletter

Subscribe to Updates

Get the latest finance, markets, and business news and updates directly to your inbox.

2025 © Make a Living Club. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.