The bill features several components designed to lock down support from the party’s various factions.
The measureseeks to cutdiscretionary spending by roughly 8 percent while also allowing for exemptions for areas like defense, veterans and disaster relief.
The also includes policies from House Republicans’ signature border bill, which would restart construction of the southern border wall, restrict access to asylum and boost hiring of border agents.
The funding deal was worked out between leaders of the Main Street Caucus and House Freedom Caucus. It is seen as the opening bid by House Republicans as negotiations are expected to pick up.
But the legislation, which would punt a shutdown and buy time for spending talks, is already facing criticism from conservatives.
“A CR is a continuation of Nancy Pelosi’s budget and Joe Biden’s policies," Rep. Matt Rosendale (R-Mont.) wrote on X, the platform formerly known as Twitter.
"We were assured in January that we weren’t going to use the Democrats’ gimmicks to fund government and that we would deliver the 12 appropriations bills," he continued.
Republican Reps. Andy Biggs (Ariz.), Marjorie Taylor Greene (Ga.), Tim Burchett (Tenn.), Matt Gaetz (Fla.), Ralph Norman (S.C.), Anna Paulina Luna (Fla.), Ken Buck (Colo.), Victoria Spartz (Ind.) and Andy Ogles (Tenn.) have also either said they will vote against the legislation or are leaning against it.
The House Oversight Committee will hold a hearing entitled “Bidenomics: A Perfect Storm of Spending, Debt, and Inflation” on Tuesday at 2 p.m. ET.
The Federal Open Market Committee (FOMC) will convene Tuesday for its two-day meeting. Federal Reserve Chair Jerome Powell will announce whether the committee votes to pause or hike interest rates on Wednesday at 2 p.m. ET.
House Republicans’ proposed short-term spending bill is facing internal opposition that could sink the measure and complicate the conference’s attempt to show unity in its opening offer to the Senate and White House. Read more