US House Speaker Johnson to bring Israel bill to floor despite deficit risk
© Reuters. FILE PHOTO: Newly elected Speaker of the House Mike Johnson delivers remarks on the outer steps of the House of Representatives after he was elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. REUTERS/Nathan How
In the first major legislative action under Johnson, House Republicans unveiled their bill on Monday seeking to provide $14.3 billion for Israel by cutting Internal Revenue Service funding. Democrats and some Republicans oppose the plan, choosing instead to support Democratic President Joe Biden's request for a $106-billion bill including funding for Ukraine's war effort, increased border security, humanitarian aid and efforts to push back against China in the Indo-Pacific, as well as money for Israel.
Johnson rejected that assessment, telling reporters:"We don't put much credence in what the CBO says."Democrats accused Johnson's Republicans of wasting time by backing a partisan measure rather than a bill that would pass quickly to address the crisis following the Oct. 7 attack on Israel by Iran-backed Hamas militants from the Gaza Strip.
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