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Showing posts with the label Cromnibus Funding Bill

Averting Government Shutdown At What Cost?...

What has thrown the plan into chaos is that numerous House Democrats are defecting over extraneous policy provisions that would weaken derivative trading rules on big banks and loosen campaign finance laws. The bill likely will need significant Democratic support to pass. If ever there was or is a reason to oppose a federal spending bill to fund the government the above is it. We absolutly do not need looser campaign finance laws and a relaxation on derivative trading rules. Risky bank behavoir and loose campaign finance laws is a dandy recipe for disaster. TPM - House Republican leaders are skating on thin ice with the government funding bill, facing stiff opposition from the left and the right that threatens passage just hours before a midnight deadline to avert a shutdown. GOP leaders temporarily recessed the House and postponed a final vote scheduled for the afternoon, while informing members to be ready to vote. "Leadership teams are still talking to their respective...