Stocks Flux
  • Business
  • Politics
  • Latest news
  • World News
  • Business
  • Politics
  • Latest news
  • World News

Stocks Flux

Politics

Speaker Johnson moves on Senate’s Trump budget bill as House GOP rebels threaten to defect

by admin April 6, 2025
April 6, 2025
Speaker Johnson moves on Senate’s Trump budget bill as House GOP rebels threaten to defect

House Republican leaders are rallying GOP lawmakers around a plan to enact a broad swath of President Donald Trump’s agenda, after the legislation was passed by the Senate in the early hours of Saturday morning.

‘More than a year ago, the House began discussing the components of a reconciliation package that will reduce the deficit, secure our border, keep taxes low for families and job creators, reestablish American energy dominance, restore peace through strength, and make government more efficient and accountable to the American people. We are now one step closer to achieving those goals,’ Speaker Mike Johnson, R-La., and his top lieutenants wrote to House Republicans.

‘Today, the Senate passed its version of the budget resolution. Next week, the House will consider the Senate amendment.’

Congressional Republicans are pushing a conservative policy overhaul via the budget reconciliation process. Traditionally used when one party holds all three branches of government, reconciliation lowers the Senate’s threshold for passage on certain fiscal measures from 60 votes to 51.

As a result, it’s been used to pass sweeping policy changes in one or two massive pieces of legislation.

Senate Republicans passed a framework for a reconciliation bill just after 2 a.m. ET on Saturday, after hours of debate and votes on amendments to the measure.

It’s similar to the version House Republicans passed in late February; but mechanisms the Senate used to avoid factoring in the cost of extending Trump’s 2017-era tax cuts as well as a lower baseline for required federal spending cuts has some House conservatives warning they could oppose the bill.

The Senate’s version calls for at least $4 billion in spending cuts, while the House’s version mandates a floor of $1.5 trillion to $2 trillion.

Both bills also include Trump priorities on border security, energy, and new tax policies like eliminating penalties on tipped and overtime wages.

‘If the Senate’s ‘Jekyll and Hyde’ budget is put on the House floor, I will vote no,’ Rep. Chip Roy, R-Texas, wrote on X.

‘In the classic ways of Washington, the Senate’s budget presents a fantastic top-line message – that we should return spending back to the pre-COVID trajectory (modified for higher interest, Medicare, and Social Security) of $6.5 Trillion, rather than the current trajectory of over $7 Trillion – but has ZERO enforcement to achieve it, and plenty of signals it is designed purposefully NOT to achieve it.’

But House GOP leaders insist that the Senate’s passage of its framework simply allows the House to begin working on its version of the bill passed in February – and that it does not impede their process in any way.

‘The Senate amendment as passed makes NO CHANGES to the House reconciliation instructions that we voted for just weeks ago. Although the Senate chose to take a different approach on its instructions, the amended resolution in NO WAY prevents us from achieving our goals in the final reconciliation bill,’ the letter said.

‘We have and will continue to make it clear in all discussions with the Senate and the White House that—in order to secure House passage—the final reconciliation bill must include historic spending reductions while protecting essential programs.’

House GOP leaders have pointed out that passing a framework is just the first step in a long process, one that just lays out broad instructions for how money should be spent.

Now that similar frameworks have passed the House and Senate, the relevant congressional committees will work out how to achieve the final reconciliation policy goals under their given jurisdictions.

‘We have made it clear the House will NOT accept nor participate in an ‘us versus them’ process resulting in a take it or leave it proposition from the Senate,’ House leaders warned.

‘Immediately following House adoption of the budget resolution, our House and Senate committees will begin preparing together their respective titles of the reconciliation bill to be marked up in the next work period.’

The letter reiterated Johnson’s earlier goal of having a bill on Trump’s desk by the end of May.

House Budget Committee Chairman Jodey Arrington, R-Texas, called the Senate’s resolution ‘unserious and disappointing,’ noting it only mandated $4 billion in ‘enforceable cuts.’

He vowed to work with congressional leaders to find the best path forward, however.

‘I am committed to working with President Trump, House leadership, and my Senate counterparts to address these concerns and ensure the final reconciliation bill makes America safe, prosperous, and fiscally responsible again,’ Arrington said.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Musk says he hopes for ‘zero tariffs,’ freedom of trade zone between US and Europe
next post
Palestinian teen died in Israeli prison after suffering ‘likely prolonged malnutrition’, autopsy finds

You may also like

FDA chief counsel who defended abortion pill under...

March 13, 2025

New bill threatens to cripple ‘judicial tyranny’ from...

February 25, 2025

State Department breaks down plan to deal with...

May 14, 2025

Trump has higher approval rating than at any...

February 11, 2025

Zelenskyy sensationally predicts Putin ‘will die soon’

March 27, 2025

New FBI leader Kash Patel tapped to run...

February 23, 2025

OpenAI’s Sam Altman thanks Sen John Fetterman for...

May 9, 2025

Trump says ‘we need Greenland for international safety...

March 27, 2025

Trump claims ‘I don’t know her’ and ‘listened...

May 9, 2025

Trump admin seeks permission to fire head of...

February 17, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (231)
    • Latest news (10)
    • Politics (983)
    • World News (976)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Politics

    • Israel ‘probably’ killed Hamas leader Mohammed Sinwar, Netanyahu says, vowing all of Gaza will be under Israeli control

      May 22, 2025
    • Member of Irish hip hop trio Kneecap charged with terrorism offence

      May 22, 2025
    • Kim Jong Un’s fury after watching North Korea’s new navy destroyer crippled in botched launch

      May 22, 2025
    April 2025
    M T W T F S S
     123456
    78910111213
    14151617181920
    21222324252627
    282930  
    « Mar   May »

    Copyright © 2025 stocksflux.com | All Rights Reserved