Can Home Republicans govern in 2024– even a little– after the lost year of 2023? One decently appealing indication is the spending plan offer that Home Speaker Mike Johnson struck with Democrats over the weekend on federal costs levels for financial 2024.
The arrangement mainly hews to the debt-ceiling offer of last spring, with a couple of extra financial advantages. Financial 2024 discretionary costs (through this September) will stay at $1.59 trillion, as defined by statute in the Financial Duty Act consented to by previous Speaker Kevin McCarthy and President Biden in May. That’s a small triumph by itself given that Senate appropriators meant to bust that cap by including another $14 billion.
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