News

U.S. Rep. Ryan sees no gov’t. shutdown this year

U.S. Rep. Ryan sees no gov’t. shutdown this year

GRIDLOCK: House Budget Committee Chairman Paul Ryan (R-WI) talks to reporters as he walks on the U.S. Capitol building in Washington June 11. Photo: Reuters/Yuri Gripas

WASHINGTON (Reuters) – U.S. Representative Paul Ryan expects his Republican Party to avoid a U.S. government shutdown this year, he told a Washington newspaper, saying he thought they would fund federal agencies through the upcoming elections.

Ryan, a Wisconsin representative who chairs the House Budget Committee, told the Washington newspaper Roll Call that Republicans were considering authorizing government expenditures until Dec. 11.

“If for some reason the Democrats don’t take that, then they will clearly have shut the government down,” said Ryan.

Ryan, who was the Republican vice presidential candidate in 2012, is often mentioned as a potential U.S. presidential contender in 2016. His new book, “The Way Forward: Renewing the American Idea,” was released this week.

The U.S. government was closed for more than two weeks in 2013 after lawmakers failed to extend its funding. House Republicans took most of the public blame because they refused to approve the spending unless Democrats agreed to defund President Barack Obama’s signature healthcare law.

Ryan said on Wednesday that Republicans do not want another shutdown that would threaten their popularity heading into the midterms, when the entire House and one-third of Senate seats are up.

He also said lawmakers would likely extend the life of the U.S. Export-Import Bank until after the midterm elections. Its charter is currently set to run out at the end of September.

Many House conservatives have said the bank’s activities supporting exports through direct loans and credit insurance belong in the private sector. They also say the bank mainly benefits big businesses such as Boeing and Caterpillar.

Democrats, on the other hand, say the bank supports middle-class manufacturing jobs and helps many small businesses.

Ryan said the Ex-Im Bank would likely get a short-term reauthorization so lawmakers could agree on reforms, such as lowering its lending cap.

Business groups have endorsed a temporary extension to keep the Ex-Im Bank operating past September.

(Reporting by Emily Stephenson, editing by G Crosse)

Latest Stories

in National, World

Shrinking U.S. trade gap shows economy’s underlying strength

trade

The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown.

in Weird

‘Barbie Jeep Girl’ is a living legend

19-overlay5

After getting her license suspended for a DWI, a Texas State student found a new, four-wheeled way to get around campus.

in Entertainment

Chris Evans makes ‘Marvel’-ous directoral debut

17-overlay6

The "Before We Go" director talks about pulling his film together and how being in the Marvel world makes it easier to get movies off the ground.