Punchbowl News: “McCarthy used a closed party meeting this evening to say that he wanted to pass a stopgap funding bill to keep the government open for 30 days at a $1.47 trillion spending level.”
“In addition, McCarthy wants to attach the House Republicans’ H.R. 2 border security bill and create a bipartisan commission to tackle the federal debt and deficit…. Simultaneously, House Republicans would move individual FY2024 spending bills at a discretionary spending level of $1.52 trillion…”
“McCarthy’s plan is mostly fantasy, since the Senate likely won’t accept this spending level on a stopgap, and they certainly won’t accept $1.52 trillion for a full year of funding.”
“But it may allow McCarthy and the House Republican leadership to resume passing spending legislation on the House floor. This is a key political moment for McCarthy as he tries to to reassert control over the direction of the House.”