Politics

Capitol Hill Faces Critical Legislative Deadlines After November Elections

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Lawmakers on Capitol Hill are bracing for a series of pressing challenges as they prepare to navigate major legislative deadlines following the November elections. Among the key issues on their agenda is the urgent need to avert a federal government shutdown before the end of 2024 and to address the reinstatement of the federal debt limit in the new year.

The elections, which will determine control of the White House and both chambers of Congress, are expected to significantly alter the political landscape, creating uncertainty about how lawmakers will confront these challenges. Additionally, the fate of Republican leadership in both the House and Senate remains unknown, which will influence the dynamics of upcoming legislative negotiations.

Immediately after the elections, government funding will take precedence, with lawmakers facing a December 20 deadline during a lame-duck session—the period between the election and the swearing in of newly elected officials. This deadline follows a stopgap bill passed in late September that temporarily funded the federal government.

The need for disaster relief funding is also pressing, particularly following hurricanes Milton and Helene, which have caused widespread destruction in the Southeastern U.S. President Joe Biden and other leaders have called for swift action to replenish the dwindling disaster-relief funds, with the Small Business Administration’s disaster loan program already running out of funding due to increased demand.

Looking ahead to 2025, Congress will confront the reinstatement of the federal debt limit on January 2. Addressing this limit is crucial to allow the government to continue borrowing to meet existing financial obligations. After the limit is reinstated, the Treasury Department can implement “extraordinary measures” to delay potential default. However, predicting the exact timeline of when the U.S. could face an inability to meet its financial commitments, commonly referred to as the “X date,” remains challenging. This uncertainty adds to the high stakes of upcoming negotiations.

The risk of political brinksmanship surrounding the debt limit could create a volatile atmosphere, particularly if Republicans secure significant wins in the elections. Fiscal conservatives are expected to leverage their positions to push for spending cuts in exchange for raising or suspending the debt limit, mirroring tactics used in 2023.

In addition to funding and debt issues, lawmakers will aim to finalize the National Defense Authorization Act (NDAA) for fiscal year 2025 during the lame-duck session. The NDAA is essential for outlining defense policy and authorizing spending for the Department of Defense, and lawmakers from both parties will need to reconcile their respective versions of the bill to reach a compromise.

Furthermore, Congress faces a looming deadline to renew key agriculture policies, as the current farm bill expires at the end of December. Lawmakers will need to decide whether to pass a new five-year bill or a shorter-term extension to maintain essential agricultural programs.

As Congress returns after the elections, lawmakers will be under pressure to act swiftly on these critical issues while facing an evolving political landscape that could reshape their strategies and priorities for the new session.

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