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11/22/2024 03:24:30 am

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U.S. Representative Ryan Says Republican Party Won’t Force Government Shutdown This Year

U.S. Representative Paul Ryan

(Photo : Reuters/Yuri Gripas) House Budget Committee Chairman Paul Ryan (R-WI) talks to reporters as he walks on the U.S. Capitol building in Washington June 11, 2014.

U.S Representative Paul Ryan told a Washington newspaper on Wednesday that he believes Republicans won't be forcing any government shutdown this year and that approval for federal agency funding will continue until the end of the year.

In an interview with Roll Call, House Budget Committee Chair Ryan announced that his party is looking at authorizing budget proposals until December 11.  He added that if Democrats rescinded, then it could be interpreted as shutting the government down.

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The 44-year-old representative from Wisconsin is a contender in the 2016 presidential race.  He also ran as a vice presidential candidate in 2012 together with Rob Portman (Ohio), and Marco Rubio (Florida). He recently published a book titled The Way Forward: Renewing the American Idea, which tackles Ryan's political escapades from a careful analysis of the 2012 elections, the state of Republican Party, and a critique of President Obama's policies.

Last year, the federal government was closed more than two weeks halting all types of transactions after lawmakers did not approve extended funding.  The public blamed the Republican house majorly because they refused the budget proposal unless the Democrats agreed to withdraw support from President Obama's healthcare law.

Ryan clarified that there is no chance of another shutdown since he and his alliance do not want to decrease popularity now that the country is heading to midterm polls.  All 435 seats from the House of Representatives and one-third from the Senate are up.

As part of their support, Ryan said that the Republicans are most likely to extend funding approval for U.S. Export-Import Bank until the end of September.  The bank is currently benefitting big businesses such as Boeing and Caterpillar as well as loan and credit insurance companies and middle-class manufacturing businesses.

However, the Ex-Im Bank is likely to receive short-term fund authorizations so legislators can work on reforms on its lending cap instead, Ryan followed-up.

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