On The Money: House votes to avert shutdown, fund government through November | Judge blocks California law requiring Trump tax returns | Senate panel approves three spending bills

On The Money: House votes to avert shutdown, fund government through November | Judge blocks California law requiring Trump tax returns | Senate panel approves three spending bills
© Greg Nash

Happy Thursday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.

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THE BIG DEAL—House votes to avert shutdown, fund government through November: The House on Thursday passed legislation to avert a government shutdown and keep the government funded through Nov. 21.

The bill, which passed in a 301-123 vote, came after some uncertainty that the stopgap measure would be brought to the House floor by the end of the week after it was yanked at the committee level on Tuesday evening.

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The measure, known as a continuing resolution or CR, was unexpectedly pulled from the House Rules Committee due to a lack of consensus on provisions including health care funding extensions and aid to farmers dealing with the repercussions of the trade war with China.

The bill text was ultimately released Wednesday evening after bipartisan, bicameral negotiators reached a deal on the provisions.

The Senate is expected to take up the House measure next week. The Hill’s Juliegrace Brufke and Niv Elis tell us how we got here.

 

LEADING THE DAY

Federal judge blocks California law requiring Trump tax returns: A federal judge issued a temporary injunction against a California state law that requires presidential candidates to disclose their tax returns to appear on the primary ballot after a challenge from President TrumpDonald John TrumpWHCA calls on Trump to denounce video depicting him shooting media outlets Video of fake Trump shooting members of media shown at his Miami resort: report Trump hits Fox News's Chris Wallace over Ukraine coverage MORE's lawyers and the Republican National Committee.

U.S. District Judge Morrison England Jr., a George W. Bush appointee on the U.S. District Court for the Eastern District of California, said there would be "irreparable harm without temporary relief" for Trump and other candidates if he did not make the rare temporary decision to block the law, the Los Angeles Times reported.

  • Trump is the first president in decades who hasn't voluntarily released any of his tax returns. He has said he won't do so while he's under audit, though the IRS has said that audits don't prevent people from releasing their tax information.
  • It’s unclear what practical impact the law could have on the 2020 general election ballot in California. Though Trump is highly unlikely to win California’s electoral votes anyone, his lack of presence on the ballot could depress GOP turnout.

 

Trump has filed many lawsuits in an effort to prevent his tax returns from being disclosed. Earlier on Thursday, he filed a lawsuit to block a subpoena the Manhattan District Attorney's Office issued to his accounting firm for his tax returns and other financial records.

  • The lawsuit comes after multiple news outlets reported on Monday that the Manhattan district attorney's office late last month subpoenaed eight years of Trump's personal and business tax returns from accounting firm Mazars USA.
  • The district attorney's office is investigating payments made to adult-film actress Stormy Daniels. Daniels, whose real name is Stephanie Clifford, has said that she received payments in exchange for keeping quiet during the 2016 election about an affair she allegedly had with Trump.

 

Senate panel approves three spending bills: The Senate Appropriations Committee advanced three spending bills Thursday, showing signs of progress in an appropriations process that has largely derailed in recent weeks.

The committee approved a $74.3 billion bill covering the departments of Transportation and Housing and Urban Development, a $151.7 billion bill covering agriculture spending and a $24.2 billion measure for financial services and general government.

All three bills were approved by the committee in unanimous 31-0 votes.

The committee also passed an amendment to the financial services bill that would allocate $250 million in election security funding for states. The panel previously advanced an energy and water appropriations bill unanimously, but ran into road blocks on other bills. The Hill’s Niv Elis explains why.

  • Other measures are stalled, including one covering the departments of Labor, Health and Human Services and Education — the largest domestic spending bill.
  • The committee also took bills covering appropriations for the State and Veterans Affairs departments off of its agenda in recent weeks.
  • Democrats accused Republicans of short-changing the labor bill in favor of funding the wall, and backfilling funds Trump had reprogrammed in the military construction bill. 
  • Meanwhile, Republicans were furious that Democrats planned to introduce abortion-related amendments to the labor and state bills, despite an earlier agreement to avoid controversial policy riders.

 

GOOD TO KNOW

  • The Koch political network has reportedly decided to alter its plan of attack against President Trump’s tariffs after acknowledging its first strategy failed.
  • The struggles that have plagued United States Steel Corporation this year continued during after-hours trading Wednesday when its stock price fell nearly 9 percent, according to CNN.

 

ODDS AND ENDS

  • Amazon on Thursday announced a sweeping new pledge to take on climate change amid intensifying pressure from thousands of its employees worldwide.