While the U.S. Treasury Department reports a $1.8 trillion deficit for fiscal year 2023, House Speaker Mike Johnson's speakership might be in peril as conservative backlash to his spending deal with Senate Majority Leader Chuck Schumer grows louder.
Johnson hasn't ruled out moving forward with a short-term spending bill in place of his agreement with Schumer but House conservatives don't support that move either.
The total breaks down to $886 billion defense spending and $773 billion for non-defense domestic spending.
The FRA is legislation that passed after former House Speaker Kevin McCarthy and President Biden struck a spending deal that raised the nation's debt ceiling.
House and Senate conservatives have spoken out against the Johnson and Schumer spending deal, arguing that it doesn't do enough to reduce the deficit, which was confirmed on Thursday to be $1.8 trillion in 2023.
Johnson said last year that he wouldn't support passing any more CRs. Johnson did not rule out passing another CR when asked about the issue on Wednesday.
At the time, this approach was criticized by the conservative House Freedom Caucus but Johnson had only been speaker for a short time, so no GOP members tried removing him from his post.
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