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Bankrupt US Government Avoids Shutdown: House Passes Bill To Keep Funding Through December 11

from Zero Hedge:

Last week, following the shocking news that House Speaker John Boehner had resigned, we analyzed the “flowchart” of next steps for both the US government shutdown and the debt ceiling showdown. The most urgent one, that of the imminent shutdown or passage of a continuing resolution, was as follows:  “Boehner will move to advance a “clean” CR — with the help of Democrats — before the new fiscal year starts on Thursday.” And he will succeed.

This is precisely what happened moments ago when following a 277-151 vote in the House, Congress sent legislation to Obama to prevent a government shutdown and will keep federal agencies funded through Dec. 11.

As the Hill reported, however, more Republicans voted against the spending bill than in favor of it. Republicans objcted to the inclusion of money for Planned Parenthood in the bill, leading 151 GOP lawmakers to vote against the bill, compared to only 91 who supported it. Every Democrat voted in favor of the legislation.

More form the Hill:

The vote also split the GOP lawmakers running for leadership positions in the wake of Speaker John Boehner’s (R-Ohio) surprise resignation last week.

Majority Leader Kevin McCarthy (R-Calif.), the heavy favorite to succeed Boehner, voted ‘yes,’ as did GOP Whip Steve Scalise (R-La.), who is running to succeed McCarthy.

But Scalise’s opponent, House Budget Committee Chairman Tom Price (R-Ga.), voted no. So did Rep. Daniel Webster (R-Fla.), McCarthy’s only opponent so far in the Speaker’s race.

Reps. Pete Sessions (R-Texas) and Dennis Ross (R-Fla.), who are both running to succeed Scalise, each voted ‘no,’ while Rep. Patrick McHenry (R-Va.), a third candidate, voted ‘yes.’

The Senate approved the legislation earlier on Wednesday in a 78-20 vote, and Obama is expected to sign it later tonight. All 20 no votes in the Senate came from Republicans, while Sens. Marco Rubio (R-Fla.) and Lindsey Graham (R-S.C.), who are both running for president, missed the vote.

Without action by Congress, the federal government would have shut down on Thursday.

As previously noted, Boehner’s resignation was the key catalyst that prevented a government shutdown: conservatives had warned Boehner that a motion to remove him as Speaker could be filed if he worked with Democrats to move the short-term funding bill. But once Boehner announced he would step down, conservatives lost their leverage.

Planned parenthood wasn’t the only issue at stake: Senate Republicans broadly favored moving the short-term measure even if it included money for Planned Parenthood, as did many House Republicans. They worried that provoking a shutdown would cost the GOP politically.

Read More @ ZeroHedge.com

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