• UPDATE: Johnson To Try Three Different Bills

    December 20, 2024
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    This story is developing...

    UPDATE: House Republicans are now likely to split the bill in pieces and hold different votes. A longer-term debt limit deal is NOT part of it, per Jake Sherman - however it appears that they will attempt to kick the can to March.

    UPDATE: After yesterday's disastrous failed vote on a pared down spending package, speaker Mike Johnson is set to roll out a revised plan for another bite at the apple before tonight's deadline for a federal government shutdown.


    Yesterday, a Trump-backed continuing resolution that was slimmed down to less than 200 pages, with some of the nefarious spending removed, was torpedoed by conservative Republicans in the House of Representatives, who were upset with some of the remaining provisions.

    Congress failed again in its responsibility to fund the government on time. While the most egregious items were taken out of the original CR, I cannot support the negotiated deal that raises the debt by $4 trillion rather than making the cuts necessary to rein in government spending, wrote Congressman Keith Self on X.

    My conscience led me to a “no” as the bill increases spending by over 100 billion, increases the debt limit, and does NOT offer real spending cuts, therefore allowing inflation to continue. My mind is on all Oklahoma families, farmers, and ranchers who have lost approximately 20 percent of their purchasing power since 2020 because of Congress’s continual deficit spending, said Congressman Josh Brecheen on X.

    Matrix puppets Joe Biden and Kamala Harris were 'rushed back to The White House', in a theater of the absurd.

    After rage from bill-drafter Elon Musk, and Vice President-elect J.D. Vance, there may be a chance the government will actually shut down soon until the next Congress, which would be the best outcome for the American people.

    DOGE member Elon Musk posted the video below as a 'great explanation' of what is happening.

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    L Todd Wood

    L Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd has been a national security columnist for The Washington Times and contributed to One American News, Fox Business, Newsmax TV, Moscow Times, Novaya Vremya (Ukraine), the New York Post, National Review, the Jerusalem Post, Zero Hedge and others. He is also founder/publisher of CDM. For more information about L. Todd Wood, visit LToddWood.com.
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