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Free trade, open borders, taco trucks on every corner. Latest discussion thread: April 2024 **We in m/Neoliberal support:** - Free trade and competitive markets

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Democracy, human rights, civil liberties and due process Neoliberals can be found in many political parties and we are not dogmatic supporters of specific parties. But we tend to find ourselves agreeing more often with parties that espouse liberal values, internationalism and centrist economics, such as the Democrats in the US, Liberal Democrats in the UK, FDP in Germany, Renaissance/MoDem in France, the Liberal Party in Canada, and so on. **Further reading** - I’m a neoliberal. Maybe you are too.
The neoliberal mind
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founded 1 year ago

McCarthy Demands 8% Spending Cut, Border Wall to Avert Shutdown (www.bloomberg.com)

submitted 1 year ago by CoffeeAddict@kbin.social to c/Neoliberal@kbin.social

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(Bloomberg) - House Speaker Kevin McCarthy proposed a deal to temporarily avert a US government shutdown, with demands including an 8% spending cut for domestic agencies and a resumption of border wall construction.

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[–] CoffeeAddict@kbin.social 3 points 1 year ago

There is a paywall, so here is the article content:

Story by Erik Wasson and Billy House

(Bloomberg) -- House Speaker Kevin McCarthy proposed a deal to temporarily avert a US government shutdown, with demands including an 8% spending cut for domestic agencies and a resumption of border wall construction.

McCarthy presented the plan to Republican lawmakers in a conference call Sunday evening after negotiators representing key factions within the House GOP settled on the demands to temporarily fund the government for 31 days. A House vote on the measure is planned for Thursday.

The demands, which also include provisions curtailing the ability of migrants to claim asylum in the US, are anathema to most Democrats and aren’t likely to be accepted by the Democratic-led Senate. That means the bill doesn’t reduce the risk of a shutdown.

The bill also doesn’t contain emergency Ukraine war funds or disaster aid including relief for victims of Maui wildfires and a Florida hurricane requested by President Joe Biden’s administration.

McCarthy immediately faced opposition from some GOP ultra-conservatives that could doom the plan. Six hard-right lawmakers quickly announced their opposition. McCarthy can only afford to lose four Republicans, without Democratic support.

But if McCarthy and the plan’s authors can unite Republicans behind the strategy, it would clear the way for the House to vote on a proposal for temporary funding. Efforts to pass funding measures have ground to a halt in the House amid clashes between GOP hardliners and moderates.

McCarthy became so frustrated with hardliners’ opposition to any spending measures that he dared them at a meeting on Thursday to try to oust him from his leadership position.

The new proposal followed days of talks between leaders of two key Republican factions. Representatives Byron Donalds, a negotiator for the ultra-conservative Freedom Caucus, and Dusty Johnson, leader of the more moderate Main Street Partnership, presented the plan in the conference call.

Still, the plan quickly ran into objections from the hard right that jeopardize its chances in the House.

Representative Rosa DeLauro, the top-ranking Democrat on the House Appropriations Committee, said the GOP proposal was “extreme” and “would cut funding to the National Institutes of Health including funding for cancer research, defund the police, and decrease resources to important allies like Ukraine and Israel.”

Earlier Sunday, McCarthy said he hoped to avert a shutdown because it would undermine Republicans’ leverage in negotiations over federal spending.

“I want to make sure we don’t shut down,” McCarthy said on Fox News’ Sunday Morning Futures. “I don’t think that is a win for the American public and I definitely believe it’ll make our hand weaker if we shut down.”