WASHINGTON — Bipartisan lawmakers on Monday weighed in on a possible government , as pressure builds on House Speaker Kevin McCarthy to get something passed with less than a week before the deadline.
The House speaker "has been able to deliver in a very razor-thin majority, so don't count him out," Rep. Jason Smith, R-Missouri, who chairs the House Committee on Ways and Means, told CNBC's on Monday.
McCarthy, R-Calif., is in a bind and can't afford to on a spending bill. With Republican votes at a premium, the House , which boasted in January, has stalled budget negotiations by adopting a hard stance on . McCarthy could seek help from Democrats to secure votes to avoid a shutdown but that would put his speakership at risk.
Rep. Tim Burchett, R-Tenn., said Sunday that he might back if such a compromise is reached.
"The reality is this intra-Republican fighting and the dysfunction in their caucus is what will, in the end, bring about this shutdown, if it comes about," Rep. Brendan Boyle, D-Pa., ranking member of the House Budget Committee, said on "Squawk Box" on Monday.
The House will reconvene Tuesday to continue budget negotiations after without passing a basic rules measure to debate a funding bill.
"Clearly it's a problem," , a former Democratic senator from North Dakota, told "Squawk Box" on Monday about moving bills through the House.
"We've got a system in Washington where the very, very elite minority who only get attention during these time periods can throw a cog into the wheel and stop government," Heitkamp added.
Failing to pass a spending bill by Saturday will affect nonessential government functions, such as and Social Security benefit verification. But it is not the crisis that many think it is, said Mick Mulvaney, former White House chief of staff under then-President Donald Trump.
"People will get paid at the end of this," Mulvaney told "Squawk Box." "Everything is going to be fine. It's not a crisis. It's just not the best way to reduce spending."
