This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Billionaires lead GOP revolt in opposition to crucial spending invoice
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Politics > Billionaires lead GOP revolt in opposition to crucial spending invoice
Politics

Billionaires lead GOP revolt in opposition to crucial spending invoice

Editorial Board Published December 19, 2024
Share
Billionaires lead GOP revolt in opposition to crucial spending invoice
SHARE

Led by billionaires who’ve been appointed by Donald Trump to wield large affect over his incoming administration, Republican members of Congress are rejecting a last-ditch spending invoice simply days earlier than a attainable authorities shutdown.

Home Speaker Mike Johnson has needed to attain throughout the aisle for Democratic help to move the persevering with decision laws forward of Friday, the final day earlier than funding dries up. However hard-line Republicans in his personal social gathering have voiced their opposition to the invoice, which comprises financial support for these hit by latest hurricanes and a few reduction for farmers.

It appears to be like like they’re taking their cues from the likes of failed presidential candidate and billionaire Vivek Ramaswamy, who Trump appointed to guide the advisory (and fully unofficial) Division of Authorities Effectivity alongside multibillionaire Elon Musk. The obscenely rich duo needs the invoice killed.

In a TikTok video, Ramaswamy claimed that he learn the whole thing of the 1,500-page invoice launched Tuesday evening “that blows away your taxpayer money.”

“Real-time advice to Congress: go back to the drawing board, start with a blank slate & do this the right way,” Ramswamy later wrote.

Musk additionally voiced his displeasure with the invoice Tuesday, writing, “This bill should not pass.”

Echoing the billionaires, Texas Sen. John Cornyn requested, “How on earth did a 3 month Continuing Resolution grow into this Cramnibus.” In response, Musk known as it “a nightmare bill.”

“Any member of the House or Senate who votes for this outrageous spending bill deserves to be voted out in 2 years!” Musk wrote in a separate publish. Musk spent a minimum of $250 million to assist elect Trump and has mentioned he’ll put extra of his immense fortune into molding the Republican Get together in his picture.

Equally, Florida Rep. Kat Cammack mentioned she was in opposition to the invoice and claimed the deal is “doing credible damage” to the social gathering.

Extremely, even Trump is now reportedly expressing his opposition to the invoice, in accordance with Axios, whereas Politico studies that Johnson is already weighing a spending Plan B—which leads one to surprise who is really wielding essentially the most affect over the GOP.

Not solely is the present rise up a headache for Johnson’s fast considerations concerning the invoice passing, nevertheless it may harm his bid to be reelected speaker in January, when Congress reconvenes.

Rep. Thomas Massie advised reporters that he is not going to vote for Johnson, and if others comply with swimsuit the method may echo the a number of rounds of voting that former Speaker Kevin McCarthy needed to endure.

The billionaires have made their calls for identified and among the Republican Get together’s most outstanding figures are giving them what they need—even when working-class People should undergo the implications.

We’re proper within the thick of the vacation season, and we’re all drained after an extended election through which we gave 110%, however that is essential: Day by day Kos is falling wanting our remaining objective of the 12 months and time is operating out. Are you able to chip in to assist us shut the books on 2024?

TAGGED:billBillionairescriticalGOPLeadrevoltSpending
Share This Article
Twitter Email Copy Link Print
Previous Article Newsom proclaims state of emergency in response to hen flu Newsom proclaims state of emergency in response to hen flu
Next Article Single household residence sells for .7 million in San Jose Single household residence sells for $2.7 million in San Jose

Editor's Pick

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Nicki Minaj Calls Cardi B’s Daughter ‘Ugly’; Cardi Shoots Again That Nicki’s Son Is Nonverbal Because of Drug Use Throughout Being pregnant

Studying Time: 3 minutes The Nicki Minaj vs. Cardi B beef has been occurring for years. Like, mainly for so…

By Editorial Board 4 Min Read
China opens world’s reported largest span bridge over Beipan River valley to visitors
China opens world’s reported largest span bridge over Beipan River valley to visitors

The Huajiang Grand Canyon Bridge opened to visitors for the primary time…

3 Min Read
Bruce Bochy out as Rangers supervisor after 3-year stint and the staff’s solely World Collection title
Bruce Bochy out as Rangers supervisor after 3-year stint and the staff’s solely World Collection title

By STEPHEN HAWKINS ARLINGTON, Texas — Bruce Bochy is not going to…

4 Min Read

Oponion

Blake Shelton Fears Dropping Pal Kelly Clarkson To Ex Miranda Lambert

Blake Shelton Fears Dropping Pal Kelly Clarkson To Ex Miranda Lambert

Buddies taking sides after a breakup can at all times…

October 8, 2024

Andy Cohen: Does He Need Lisa Vanderpump Again on ‘RHOBH’?

Studying Time: 3 minutes Does Andy…

January 22, 2025

5 Okra Water Advantages for Summer time Hydration

Discover the confirmed okra water advantages…

April 10, 2025

Patrick Dempsey Divorced: His Historical past of Marriage, Defined

Studying Time: 3 minutes Patrick Dempsey…

August 9, 2025

Jewish leaders worry about rising antisemitism from the left

Jewish leaders say they are on…

November 26, 2021

You Might Also Like

The shutdown is Republicans’ fault—so why are voters mad at Democrats?
Politics

The shutdown is Republicans’ fault—so why are voters mad at Democrats?

Survey Says is a weekly sequence rounding up an important polling traits or information factors it's good to find out…

13 Min Read
Not less than 170 US hospitals face main flood threat. Specialists say Trump is making it worse.
Politics

Not less than 170 US hospitals face main flood threat. Specialists say Trump is making it worse.

Information visualizations by Lydia Zuraw LOUISVILLE, Tenn. — When a giant storm hits, Peninsula Hospital could possibly be underwater. At this…

29 Min Read
Crimson states are deporting with glee, however it may value them
Politics

Crimson states are deporting with glee, however it may value them

There's a clear asymmetry within the Trump administration’s mass-deportation efforts. As I’ve famous earlier than, rounding up immigrants takes an…

4 Min Read
Shutdown threatens additional destruction of surroundings and science businesses, advocates warn
Politics

Shutdown threatens additional destruction of surroundings and science businesses, advocates warn

Though Congress has handed bipartisan funding payments that keep science funding for particular businesses, the president and the director of…

7 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?