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White House warns of veto on 2 GOP spending bills as deadline nears.

The White House Threatens ⁣Veto on ​Republican-Backed Budget Cuts

The White House has made it clear⁣ that‌ President Joe Biden​ is prepared to veto two appropriations bills proposed by Republicans, which would result ‌in significant budget cuts ⁤for federal ‌agencies. This move comes as ⁤the bills are set to be ​voted on this‌ week.

Using his ​veto ​powers, the president can prevent a ⁢bill ‌passed by Congress from becoming law. ⁣However, Congress has⁤ the ability to‌ override the veto with a two-thirds majority vote in ‍both chambers.

In two statements of Administration Policy released on October 30, ⁤the Biden administration expressed its opposition ‌to the bills and stated that if presented to President Biden, he would veto them. You can read the⁤ statements here ​and ​ here.

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The White‍ House also took the opportunity to criticize ⁣House Republicans for seeking larger ⁢spending cuts⁣ than what was ‍agreed upon between the White House and former House Speaker Rep. Kevin McCarthy (R-Calif.) in May.

Rep. McCarthy‌ was removed‌ as House speaker following a vote initiated by Rep. Matt ⁢Gaetz (R-Fla.). ⁣Gaetz’s main complaint against McCarthy ‍was that he facilitated the passage ⁣of legislation opposed by Republicans within his own ​party with ‌support from elected Democrats.

Former House Speaker Kevin‍ McCarthy (R-Calif.) talks with reporters after the House failed to elect a new speaker on the first round of votes at the U.S. Capitol Building in⁣ Washington on Oct. 17, 2023. (Joe Raedle/Getty Images)

“The Administration negotiated in good faith⁤ with⁢ House Republican Leadership‌ on⁤ bipartisan legislation to ​avoid a first-ever default and protect the Nation’s hard-earned‌ and historic⁢ economic recovery,” the ‌White House stated.

“House Republicans ⁤had an opportunity to ​engage⁢ in a⁤ productive, bipartisan appropriations process,​ but instead are wasting time with partisan bills that cut domestic spending to levels well below the‍ FRA agreement and⁣ endanger critical services for the American people,”‌ the White House added.

The ⁣two proposed bills would result in billions ⁤of dollars in⁣ cuts to various federal agencies. The​ Department ⁤of Transportation, for ‍example, ​would face a reduction of approximately $7 billion compared to the funding ⁢levels of⁣ fiscal year 2023.

Housing⁣ and Urban Development funding would ‌be cut by $1.2 billion ⁣compared ‌to 2023 levels,⁣ while the EPA’s funding would be reduced by nearly $4 billion, bringing it to levels not seen⁤ since FY 1991, according to ​the White House.

For these bills to‌ pass, they would need to be approved by the GOP-controlled House and⁤ the Democratic-controlled ⁤Senate. Currently, the GOP‌ holds a slight majority in the House.

Funding Deadline⁢ Fast Approaching

The White House’s veto threats come as lawmakers face a November 17‌ deadline‌ to fund ⁢the government.

In his final⁢ act as speaker, Rep. McCarthy, ⁢with the support of House Democrats, pushed a stopgap spending bill through ⁣the lower chamber to keep the government funded‌ until ⁣November 17.

Newly-elected House ⁢Speaker Mike Johnson (R-La.), who was relatively unknown in the capital’s political ⁢scene prior to‌ assuming the role, still needs‌ to pass seven ​of the​ 12 annual appropriations bills to avoid another government shutdown. So far, only five of the ​12 bills have passed through the House, with none approved by the‌ Senate.

House Speaker Mike Johnson (R-La.) speaks to reporters at the U.S. Capitol ‌in ⁢Washington on Oct. 26, ⁢2023. (Drew Angerer/Getty Images)

The ongoing political standoff over raising the federal debt ceiling⁣ has been a⁤ major ⁤issue throughout the ⁤year. The ​debt ceiling, set by Congress, limits the total amount of debt ​the government ⁢can hold. In the past, Congress typically raised the cap when approaching⁤ the limit. However, Republicans​ have ​recently called for spending cuts⁢ instead as the national debt⁤ surpasses ‌$33 trillion.

According to estimates from the U.S. Treasury, the⁢ government ⁣expects ⁣to ‌borrow⁢ nearly $1.6 trillion⁣ in net new debt over ⁢the ‍next six months, ⁣covering this quarter⁣ and the next.

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The appropriations bills in question are the ​Department of the Interior, Environment, ‌and Related Agencies Appropriations Act 2024 (H.R. ​4821) and the ‍Transportation, Housing, and Urban ​Development, and Related⁢ Agencies Appropriations ⁣Act 2024 (H.R. 4820).

The Republican-backed budget cuts included​ in these bills​ have ⁢drawn criticism from the Biden administration‌ and Democrats in Congress. They argue that these cuts ⁤would significantly impact ‌key federal agencies and their ability to carry out their ⁤missions ​effectively.

The ⁣Department of the ‍Interior, Environment, and ‌Related ​Agencies Appropriations Act 2024‌ funds ​key ⁣agencies such as the Environmental Protection Agency​ (EPA), the Department of the Interior, and the Forest Service. The bill proposes a⁤ ​25% cut to the EPA’s budget and eliminates funding for climate change programs. It also​ includes cuts to the Fish and Wildlife Service and the National Park Service.

The Transportation, ⁢Housing, and Urban Development, and⁢ Related ​Agencies⁢ Appropriations Act 2024 funds ⁢agencies such as the ‍Department of Transportation and the Department of Housing and Urban Development. The bill includes ‌a 35% cut to the‌ Department⁢ of Transportation’s budget, which would impact ‌infrastructure⁤ projects and transportation⁢ programs.

The White House argues that these budget ‌cuts‌ would hinder the government’s ability to address⁣ pressing issues such as climate ⁢change, infrastructure development, and affordable housing. They ⁣argue that investing in these areas is crucial for the country’s future and that cutting funding would be detrimental to long-term⁣ progress.

Republicans,‌ on the other hand, ‍argue ⁤that these budget ⁢cuts are necessary to reduce government spending and address‌ the national debt. They believe that prioritizing fiscal responsibility is important and that reducing funding‌ for certain agencies and programs is a ‌step in ⁢the right direction.

As the bills are set‍ to be voted ⁢on this week, ‌the ​White House’s threat to veto them adds another layer of⁣ tension⁣ and uncertainty to the budget process. If ​President Biden follows through ⁣with ⁤his veto ​threat, it ‌would require a two-thirds ⁣majority vote‌ in both ​chambers of Congress⁢ to override the veto and pass the bills into ⁣law.

The outcome of these appropriations bills ‌will have significant implications for federal agencies and the programs and‍ services ⁢they provide. It will also ‌shed light on the ongoing debates between the Biden administration and ⁤Republicans​ regarding the country’s spending ​priorities and the role⁢ of ⁤government in addressing key issues.

As‍ the deadline for passing‍ a ⁤budget approaches, the negotiations and discussions surrounding these bills will likely intensify. The ability of both⁣ sides ​to reach a compromise will be ⁢crucial⁢ in determining the outcome and shaping⁢ the trajectory of federal spending ‍in the coming year.


Read More From Original Article Here: White House Threatens Veto of 2 Republican Spending Bills as Funding Deadline Looms

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