December 18, 2024 10:03 GMT
US: Elon Musk Appears To Call On Republicans To Vote Down Govt Funding Stopgap
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Elon Musk has appeared to urge Republican lawmakers to vote down a three-month funding stopgap to avert a government shutdown on December 21, stating on X, "This bill should not pass" adding "Ever seen a bigger piece of pork?", referring to legislation seen to include extraneous measures.
- House Speaker Mike Johnson (R-LA) announced the stopgap yesterday after weeks of negotiations that have irked Republican conservatives and moderates alike. The final text includes USD$100 billion in disaster relief and USD$10 billion for farmers, neither of which is offset.
- The 1,500-page bill also includes language to curb some outbound investment in the Chinese tech sector and a Democrat-sponsored provision to extend duty-free imports for Haitian textiles. A measure to direct more spending back to pharmaceutical companies was dropped - another blow to the industry after President-elect Trump said on Monday he will "knock out the middleman" to bring down drug prices.
- Musk is widely seen as one of Trump's most influential inner circle members. However, several previous public pronouncements have fallen flat, notably when he supported Howard Lutnick for Treasury Secretary, decrying Trump's ultimate selection - Scott Bessent - as "a business-as-usual choice."
- Although the bill is likely to pass the House with strong Democrat support, the level of Republican dissent sets up a period of potential instability in the House when Johnson must navigate his Jan 3 re-election vote, revisit FY25 govt funding, and start work on Trump's big-ticket agenda - all of which needing near-unanimous support from conservative deficit hawks.
- Punchbowl News reports: "Several senior House Republican leadership sources told us that more than 100 GOP lawmakers are likely to vote against the bill."
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