Wisconsin Rep. Paul Ryan, the new GOP nominee to replace John Boehner as Speaker of the House, laid out his first policy position Wednesday: supporting the new bipartisan budget deal. The House passed the agreement, averting a looming federal default and a partial government shutdown in December. Gwen Ifill reports.
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Now to this very busy day in the U.S. House, as lawmakers overwhelmed conservative opposition to approve that sweeping budget deal and Republicans, who control the chamber, formally nominated Paul Ryan as their candidate for speaker.
Two hundred out of 247 gave him their backing. He needs 218 votes in the full House to clinch the job.
The Wisconsin Republican emerged from a closed-door party caucus this afternoon, calling it a new day in the House of Representatives.
REP. PAUL RYAN (R), Wisconsin: We are not going to have a House that looks like it looked the last few years. We are going to move forward. We are going to unify. Our party has lost its vision and we're going to replace it with a vision.
The full House will vote on Ryan's nomination tomorrow. But although he said yesterday that the process of getting to a budget agreement stinks, he said today he will support it.
Hours later, the House moved to pass that agreement, averting a federal default next week and a likely government shutdown in December. The two-year package includes $80 billion in new spending, split evenly between defense and domestic programs. It also raises the government's borrowing limit through March 2017. The additional spending would be funded in part by sales of oil from the Strategic Petroleum Reserve and by cuts in Medicare reimbursements for hospitals and doctors.
The deal won support from many lawmakers on both sides of the aisle.
REP. TOM COLE (R), Oklahoma: It is a deal that leaves both sides unsatisfied, but it is a deal that avoids default, prevents a government shutdown, and adequately funds our military.
REP. LOUISE SLAUGHTER (D), New York: We have, I'm glad to say, a two-year budget agreement that eases the burden of the damaging sequester cuts, protects seniors, affirms the full faith and credit of the United States, and provides much-needed economic stability and security to our nation.
Republicans in the arch-conservative Freedom Caucus opposed the deal as a backroom bargain that bowed too much to President Obama's wishes.
REP. MARK SANFORD (R), South Carolina: The simple notion, the key to getting out of a hole is quit digging, and, fundamentally, I believe that this bill does more digging than not.
The Senate is expected to pass the budget next week.