Speaker Ryan: Trump Will Not Sign Funding Bill

Hope for averting a partial government shutdown dissipated Thursday afternoon as House Speaker Paul Ryan (R-Wis.) told reporters President Donald Trump would not sign a stopgap funding continuing resolution.

Speaker Ryan: budget deal is now in trouble
Speaker Ryan: budget deal is now in trouble
(MGN)

Hope for averting a partial government shutdown dissipated Thursday afternoon as House Speaker Paul Ryan (R-Wis.) told reporters President Donald Trump would not sign a stopgap funding continuing resolution already passed in the Senate.

“The president informed us he will not sign the bill that came from the Senate last evening because of his legitimate concerns for border security,” Ryan said after meeting with Trump. “So what we’re going to do is go back to the House and work with our members.”

President Trump has been pushing for $5 billion for border wall construction. Democrats, who gain a majority in the House in the new year, have balked at that figure.

Nine cabinet departments will run out of funding at midnight Friday if a spending bill is not passed. USDA and FDA are included on that list.

See what USDA reports and functions would be impacted by a partial government shutdown.

The Senate on Wednesday evening passed a continuing resolution that would have extended funding at current levels through February 8.

President Trump appeared to back off demands for the border wall funding, but was met with criticism from Freedom Caucus members who urged the president to use the budget deadline to fight for border security, prompting Trump to address the issue on Twitter on Thursday.

This is a developing story. Watch AgWeb.com for continuing updates.

AgWeb-Logo crop
Related Stories
Despite daily volatility, cattle markets are still driven by strong demand and tight supplies. Rising fuel costs could pressure consumers, but slow herd expansion keeps the long-term outlook bullish through the decade.
USDA expects to announce payment rates for its $1B specialty crop aid in a few weeks after closing acreage reporting, which will determine how relief is distributed across eligible crops.
Ag Secretary Brooke Rollins says a multi-agency Trump administration effort will target fertilizer costs and boost U.S. production, with a major announcement expected yet this week.
Read Next
As the Strait closure enters its tenth week, supply chain gridlock and policy hurdles suggest high input costs will persist through the 2027 planting season, according to Josh Linville, vice president of fertilizer with StoneX.
Get News Daily
Get Market Alerts
Get News & Markets App