November 25, 2024 15:34 GMT
US: OMB Nominee Vought May Add Hardline Edge To Debt Limit/FY25 Negotiations
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US President-elect Donald Trump’s selection of Russell Vought to lead the White House Office of Management and Budget may increase hardline negotiating tactics during the twin challenges of legislating fiscal year 2025 government funding and raising the federal debt limit in the new year.
- Vought worked with hardline House conservatives to oppose the debt limit/spending deal negotiated by President Biden and former Speaker Kevin McCarthy in 2023 - the Fiscal Responsibility Act - which was subsequently extended by Speaker Mike Johnson (R-LA) earlier this year.
- Punchbowl News reports: “Johnson wants [extend government funding] into next year, which would give Trump and Vought — a key Project 2025 author — a chance to shape any eventual spending deal.”
- Punchbowl adds: “For Trump, this is shaping up to be a repeat of 2017, when the appropriations battle dragged into May. It will impact Trump’s “100 Days” agenda, at least as far as Congress is concerned.”
- The FRA suspended the debt ceiling until January 1, at which point the Treasury will postpone the deadline with “extraordinary measures until some point in the spring. Vought may press for using the threat of a default to extract spending cuts, as conservatives did in 2023.
- Rep. Rosa DeLauro (D-CT), the ranking Democrat on the House Appropriations Committee, said: “The Constitution gives Congress the power of the purse, and nowhere does it give the White House any unilateral power to impound funds appropriated by Congress… Russ Vought, author of Project 2025, is deeply confused about this…”
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