MNI POLITICAL RISK - Weekend Deadline For FY24 Bill Text Nears

Executive Summary:

• Congressional leaders likely need to release the final text of the remaining six fiscal year 2024 spending bills this weekend to allow sufficient time to clear Congress ahead of the funding deadline on March 22. The six bills cover roughly two-thirds of discretionary spending and present a far more challenging lift than the 'minibus' package which narrowly passed Congress last week.
• Democrats may have more leverage in FY24 negotiations after the nonpartisan Congressional Budget Office (CBO) said yesterday that nondefence programmes are unlikely to be hit by automatic spending cuts if the appropriations process isn’t complete by the April 30.
• Two discharge petitions are a long way from collecting enough signatures to compel action on Ukraine aid.
• Legislation which would force ByteDance to sell the social media platform TikTok sailed through the House of Representatives in a bipartisan 352-65 vote yesterday.
• Senate Majority Leader Chuck Schumer (D-NY) will deliver a ‘major address’ on Israel today .
• The centrist political organisation No Labels will today announce its framework for selecting a 2024 presidential ticket - a bid which some Democrats fear could cost Biden the White House in November.
• District Judge Aileen Cannon will hold a hearing today on two motions to dismiss some charges against former President Trump.
• House Rep Lauren Boebert (R-CO) will not retire her seat to run in a June special election.
• Poll of the Day: Students believe that the government should do more to help ease their student loan debt.

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MNIPOLRISKUSDaily140324.pdf