Dec. 11 (Bloomberg) — Plans in the House of Representatives to vote on a $1.1 trillion spending bill and avoid a federal shutdown hit a snag amid opposition from both ends of the ideological spectrum.

Government funding expires today. Congressional leaders have said for weeks that they won't allow a shutdown.

Leaders delayed a vote, initially scheduled for about 2 p.m., as Speaker John Boehner sought Republican votes for the bill. Obama administration officials also were calling lawmakers to urge them to vote for the measure, said a Democratic official who sought anonymity.

Many Democrats oppose the bill because it includes a banking provision they call a giveaway to large institutions. A number of Republicans are against the measure because it puts off a confrontation over Obama's immigration policy until 2015.

“When you don't fight when you have the opportunity because you're going to find better ground, you lose the principle,” said Representative Steve King of Iowa.

President Barack Obama supports the spending measure though he opposes the banking provision and another that would allow larger individual contributions to political parties, according to an administration statement.

“The president certainly didn't get everything he wanted,” White House spokesman Josh Earnest told reporters today. “If the president were writing the bill himself, the bill would certainly look very different.”

Debate rules

Democrats showed their displeasure over the banking provision by voting earlier today against a procedural measure to set rules for debating the bill. That measure passed 214-212, with 16 Republicans joining the Democrats in opposition.

Boehner told reporters earlier today, “If we don't get finished today we're going to be here until Christmas.”

The banking language, insisted upon by Republicans, would ease rules enacted to protect taxpayers against bank losses after souring derivatives trades helped cause the 2008 financial crisis. The dispute over the banking rule is a preview of Republican plans to roll back other business regulations when they take control of both chambers in 2015.

The provision would put “taxpayers back on the hook for Wall Street's riskiest behavior,” House Minority Leader Nancy Pelosi, a California Democrat, said yesterday.

A deal on the measure was announced Dec. 9 after Senate Democratic negotiators accepted the banking rule changes and Republican demands on other policy provisions. Republicans oppose changes to the measure and said they're not reopening negotiations.

JPMorgan, Citigroup

The banking provision would let JPMorgan Chase & Co., Citigroup Inc. and other lenders keep swaps trading in units with federal backstops.

“This is about reckless behavior,” Senator Elizabeth Warren, a Massachusetts Democrat, said yesterday. “It's about a giveaway to the largest financial institutions in this country.”

Second-ranking Senate Democrat Richard Durbin of Illinois said he didn't know if he would vote for the spending bill with the banking changes.

“It is just an invitation for another financial disaster,” Durbin said. “It is a horrible choice between a bill of over a trillion dollars in spending, with a lot of very important provisions in it, and some absolutely awful language put in by special interests in the House.”

Environmental rules

Though Democrats aren't pleased about the policy changes, they said they beat back dozens of other provisions that Republicans had sought, including revisions focused on environmental and labor protections.

The deal puts off a confrontation over immigration until early 2015. The Department of Homeland Security, responsible for immigration policy, would be financed only through Feb. 27. Republicans want to use the agency's spending bill to block Obama from easing deportation rules for millions of undocumented immigrants.

Last year, Republican efforts to defund Obama's health care law led to a 16-day partial government shutdown.

In addition to the Dodd-Frank measure on swaps trading, the funding measure would allow exceptions to clean-water laws for agricultural refuse, and block the District of Columbia from spending money to legalize marijuana following a voter-approved measure allowing possession of as much as 2 ounces for personal use.

Truck drivers

The plan would roll back safety rules on rest for truck drivers, ignoring the pleas of consumer activists and Transportation Secretary Anthony Foxx.

The provision would temporarily suspend rules while a study is conducted about the number of trucks driven on congested roads. Under the change, truckers would be able to work as many as 82 hours a week.

The spending bill would allow a tenfold increase in donations that individuals can make to national political parties each year, to $324,000 from $32,400, according to a statement by Fred Wertheimer, president of Democracy 21. The group advocates for changes to campaign finance laws.

Donors would be able to give $97,200 a year to each of three party committees for conventions, to pay for building funds and to finance the expenses for recounts and legal challenges to election results, Wertheimer said in a statement

Housing program

The bill would bar the Department of Housing and Urban Development from starting a program to reduce mortgage-insurance premiums for borrowers who attend housing counseling sessions. It would stop HUD from funding increased oversight of mortgage originations by charging a new fee to lenders.

The plan includes a proposal sought by the National Rifle Association that lets gun manufacturers use lead to produce ammunition, and a labor provision exempting claim adjusters from overtime requirements during major disasters.

The measure would seek to shore up the Pension Benefit Guaranty Corp. by allowing some underfunded multiemployer pension plans to reduce benefits. The provision reflects an agreement by House Education and the Workforce Committee Chairman John Kline, a Minnesota Republican, and senior Democrat George Miller, a California Democrat.

The measure also includes an extension until Oct. 1, 2015, of a ban on taxing Internet access. It would provide $5.4 billion in emergency funds to respond to the Ebola outbreak.

The bill would require the Postal Service to continue delivering on Saturdays and to keep all post offices open.

The Export-Import Bank would be allowed to continue financing overseas coal-fired power projects. As part of Obama's effort to combat climate change, Ex-Im had revised its guidelines to bar such funding for plants that lack carbon- capture technology.

With assistance from Kathleen Miller, Derek Wallbank, James Rowley, Kathleen Hunter, Silla Brush, Jeff Plungis, Richard Rubin, Angela Greiling Keane, Clea Benson and Cheyenne Hopkins in Washington.

Copyright 2018 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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