US House Speaker Paul Ryan says budget deal has been reached
House Speaker Paul Ryan said Wednesday that the chamber will now vote Friday on the $1.14 trillion end-of-the-year spending bill, breaking another deadline and forcing a second stop-gap resolution to keep the government running.
Despite pledges by Ryan to run a different kind of House after his predecessor, John Boehner, was ousted by conservatives angered over last-minute, dead-of-night compromises with Democrats, the new GOP speaker found himself asking lawmakers to endorse a huge, eleventh-hour deal of his own.
“On the Omnibus bill to keep government open, while I commend our Ranking Member Nita Lowey and the Democratic appropriators for their strong, principled leadership for America’s hard-working families during these tough negotiations, a number of concerns have arisen”, Pelosi said.
The deal, Congress’ last major piece of unfinished business for the year, became the vehicle for countless long-sought priorities and odds and ends, including reform of visa-free travel to the USA, renewable energy tax credits and health benefits for 9/11 first responders. Ryan, R-Wis., additionally stated the legislation in that extends the tax-break, which accompanies the omnibus spending bill, will probably be voted on Thurs.
Rep. Kevin Brady (R-Texas), chairman of the tax-writing Ways and Means Committee, said the package provides $560 billion in permanent tax relief – and $650 billion in total tax relief – over 10 years.
“The bill prohibits funds from being used to transfer terrorist detainees from Guantanamo Bay to the United States, and prohibits the construction or acquisition of a facility in the U.S.to house detainees”, Ryan’s office said.
The bill also strengthens the Visa Waiver Program to protect the homeland. “It’s a bicameral compromise, and I do believe we will have bipartisan votes on both of these”. Congress has included that provision since 1996, and Republicans have said a spending bill is not the place to target the Second Amendment.
In exchange, Democrats won five-year extensions of credits for wind and solar energy producers and a renewal of a land and water conservation fund. They also blocked GOP proposals to thwart Obama administration clean air and water regulations, but many still found the lifting of the oil export ban a bitter pill. And lifting the ban on exporting crude oil would have been better if passed a year or two ago when prices weren’t in freefall. While the legislation extends existing prohibitions on abortion-related spending, it does not include a ban on federal funding for Planned Parenthood, which has been a key goal of Republicans for much of the fall.
After years of trying, Republicans claimed wins by making permanent business tax breaks for research and development and for buying new equipment.
The White House reacted positively to the deal, saying it met President Barack Obama’s priorities without including “hundreds of needless ideological” extra measures.
The spending bill also doesn’t include GOP riders that would have targeted the U.S.’s new policy to normalize relations with Cuba.
Senate Minority Leader Harry Reid of Nev., second from left, accompanied by, from left, Senate Minority Whip Richard Durbin of Ill., Sen.
Leaders also were considering an expansion of a domestic manufacturing tax deduction for refiners that may be harmed by oil exports – possibly increasing it by 3 percentage points and allowing those facilities to count up to 55 percent of their transportation costs toward the deduction, the lobbyists said.
Two soon-to-take-effect taxes imposed under Obamacare could also be postponed, one on high-priced “Cadillac” tax plans and another on medical device manufacturers. Republicans had sought to cut the tax agency’s budget, while the White House sought an 18% increase. “I think the votes come together to pass it, and I get to go to my mother-in-law’s Saturday morning”. But an attempt led by Senate Majority Leader Mitch McConnell to weaken limits on spending by political parties was rebuffed.
According to the Republican source says McCarthy’s announced schedule for voting adheres to the “three-day rule” since the tax bill posted just before midnight and the spending bill posted after so they need to split votes – but both will go in one package to the Senate for a vote as one big tax/spending deal.