“There Is An Agreement”: Johnson To Whip Out Latest Attempt To Avert Friday Shutdown

Update (1350ET): Republican lawmakers have reportedly struck a new spending deal to keep the lights on in Washington until at least Jan. 30, 2027, according to Politico, citing two GOP lawmakers meeting in Speaker Mike Johnson’s office Thursday afternoon.

“There is an agreement,” said Rep. Stephanie Bice (R-OK). “The plan is to put a bill on the floor that we think is a reasonable step forward.”

🚨 BREAKING: SPENDING DEAL RELEASED

It moves the debt ceiling out to Jan. 30, 2027. pic.twitter.com/gYjbSzfoTm

— Eric Daugherty (@EricLDaugh) December 19, 2024

The new package is just 116 pages, down from 1,547 in the original draft.

Rep. Tom Cole (R-OK), who was also in Johnson’s office, didn’t say whether congressional Democrats or the White House had agreed to it, however Bloomberg reports that it has Trump’s blessing.

Late Wednesday afternoon, President-elect Trump demanded Johnson abandon the previous revision he’d worked out with Democratic congressional leaders.

Meanwhile, Trump is now gunning for… Chip Roy?

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‘With Friday’s government shutdown looming – and odds spiking after everyone figured out that the 1,547-page Continuing Resolution (CR) was full of Orwellian bullshit and other malarkey, House Speaker Mike Johnson (R-LA) has gone to Donald Trumps team with hat in hand.

The new plan will be a federal funding stopgap plan that includes disaster aid, pushing off the debt limit fight for two years, and a one-year farm bill extension, Politico reports, citing Republicans familiar with the discussions.

No word on how close this comes to a “clean” bill, or how much of the aforementioned bullshit is gone – such as funding the Global Engagement Center, shielding the Jan. 6 committee from subpoenas, and funding new biolabs, but we guess we’ll find out.

Also unknown is whether Democrats will support the plan.

But Trump had made an 11th hour public demand that any stopgap bill should deal with the debt limit. Trump’s team is pushing for at least a commitment to lift the debt limit before Jan. 20.

The level of disaster aid and whether it’s completely paid for is still unclear. The package would also likely include some additional economic aid for farmers, amid threats from rural Republicans to oppose any stopgap that doesn’t include the funding. -Politico

In a closed door meeting on Thursday, House Minority Leader Hakeem Jeffries (D-NY) told Democratic lawmakers: “Let us never negotiate out of fear. But let us never fear to negotiate,” citing JFK.

Polymarkets odds of a government shutdown went from 15% yesterday to 49% this morning.

According to Punchbowl News, here’s what happened, and what’s next;

At some point today, House Republicans and Democrats will likely have separate party meetings to chart their path forward. Democrats have announced their meeting for 9 a.m. We’ll talk more about them below.

But make no mistake — this is Johnson and Trump’s mess to solve. And we’re inching toward a shutdown as government funding runs out at midnight Friday.

Johnson was mostly MIA Wednesday, holed up in his Capitol office for hours without showing his face. Even the House GOP leadership team felt like they were being kept in the dark about what was happening.

Late in the evening, Johnson met with Vance, House Majority Leader Steve Scalise, Reps. Jim Jordan (R-Ohio), Chip Roy (R-Texas) and Mario Diaz-Balart (R-Fla.), Appropriations Committee Chair Tom Cole (R-Okla.) and Rules Committee Chair Michael Burgess (R-Texas). Jordan and Roy are conservative hardliners. Diaz-Balart is a senior appropriator.

As Scalise left around 10 p.m., he told reporters “We’re not there yet” when asked whether the debt-limit boost would be part of any new government-funding plan. “A lot of things have come up,” Scalise added.

A somewhat obvious play may be a funding bill with a two-year debt-limit extension. Why? Because Trump supports increasing the debt limit now. Given how volatile Trump was during his first term, there’s no guarantee he’ll do this again. (For what it’s worth, Biden administration officials estimate the debt limit won’t be reached until sometime next summer. GOP leaders were planning to handle it in a reconciliation bill).

Trump is giving Johnson cover for the time being. It’s limited, however. Because Trump, once again, has put his party in a bind. There are probably dozens of Republicans who have never voted for raising the debt ceiling. Now Trump is forcing them to do so.

Check back for updates.