Can New House Speaker Mike Johnson Prevent The Looming Government Shutdown?

Benzinga2023-10-26

The House Republicans now have a fresh leader who provides a new viewpoint on the imminent funding crisis. The government is set to shut down in 24 days without a funding solution, a situation the new...

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Cyberboyz
2023-10-26
Cyberboyz
Nice

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The government is set to shut down in 24 days without a funding solution, a situation the new...</p>\n\n<a href=\"https://www.benzinga.com/government/23/10/35432556/can-new-house-speaker-mike-johnson-prevent-the-looming-government-shutdown\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.benzinga.com/government/23/10/35432556/can-new-house-speaker-mike-johnson-prevent-the-looming-government-shutdown","article_id":"1197526330","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197526330","pubTimestamp":1698311094,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"The House Republicans now have a fresh leader who provides a new viewpoint on the imminent funding crisis. 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The two main reasons behind this are that House conservatives trust Johnson more than they did McCarthy, and time is running out.Johnson, who has only been in Congress since 2017, is backing a so-called continuing resolution through Jan. 15 or Apr. 15, depending on which date garners more GOP support. However, Johnson also requires the backing of Senate Democrats and the White House, potentially necessitating a deal on tens of billions of dollars in aid for Ukraine, Israel, and the southern border.Several hardliners who voted against McCarthy assert that Johnson offers a fresh start. They believe that under Johnson's leadership, there is a genuine intention to push for single-subject bills, something they felt was lacking under McCarthy. This sentiment was echoed by Rep. Matt Gaetz (R-Fla.) who noted a sincerity in Johnson's approach.Rep. 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