Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

Leader Thune backs Senate GOP bid to speed past House on Trump budget plan

by admin February 6, 2025
February 6, 2025
Leader Thune backs Senate GOP bid to speed past House on Trump budget plan

: Senate Majority Leader John Thune, R-S.D., came out in support of a GOP effort in the upper chamber to get moving on legislation to advance President Donald Trump’s agenda.

It would be a significant departure from current plans for the House to pass a bill first, amid infighting by House Republicans over spending levels.

‘I appreciate Chairman Graham’s leadership in crafting a budget resolution that will unlock the ability to pass a reconciliation bill to secure the border, rebuild our military, and deliver a much-needed down payment on energy security,’ Thune told Fox News Digital in an exclusive statement. 

‘I am supportive of Chairman Graham’s efforts to advance the president’s priorities in the Senate, and I look forward to continuing our conversations with our House colleagues,’ he said. 

Earlier on Wednesday, ahead of a lunch with key Republicans, Senate Budget Committee Chairman Lindsey Graham, R-S.C., unveiled his plan to advance the bill through a key procedural hurdle next week. The House planned to move a bill this week, but leaders were forced to punt after conservatives balked at what they saw as a low threshold for spending cuts to offset the cost of new funding to implement Republican border and defense policies.

Now, with Thune’s blessing, Graham’s plan is primed to quickly maneuver through the Senate, getting a significant advantage over any competing House GOP efforts. 

Republicans in Washington, D.C., are preparing to use the budget reconciliation process to achieve a wide range of Trump proposals from border security to eliminating taxes on tips and overtime pay.

The reconciliaiton process lowers the threshold to advance a bill in the Senate from 60 votes to just 51. And with a 53-vote majority in the upper chamber, Republicans are poised to push policies through with only support from the GOP conference.

At the same time, with razor-thin margins in the House and Senate, the party can afford very few defectors. 

The first step in the crucial budget reconciliation process is marking up and advancing a bill through the Senate and House budget committees.

The budget that is headed to the Senate’s committee would be part of a two-pronged approach, with the first bill including Trump’s priorities for border security, fossil fuel energy and national defense.

This plan would see a second bill focusing on extending Trump’s tax policies from the Tax Cuts and Jobs Act (TCJA) later in the year. 

In a statement, Graham confirmed his plan to move forward on the two-bill plan. His office advised that next week there would indeed be a committee vote on a Fiscal Year 2025 budget resolution, which ‘will be the blueprint that unlocks the pathway forward for a fully paid for reconciliation bill to secure the border, bolster our military and increase American energy independence.’

‘To those who believe that Republicans should fulfill their promises on border security, mass deportation of criminal illegal aliens: I agree,’ Graham said. 

‘That is why the Senate Budget Committee will be moving forward next week to give the Trump Administration’s Border Czar, Tom Homan, the money he needs to finish the wall, hire ICE agents to deport criminal illegal immigrants, and create more detention beds so that we do not release more dangerous people into the country. This will be the most transformational border security bill in the history of our country. It’s time to act,’ he continued. 

While many Senate Republicans have espoused a preference for two bills to be passed this year through the key budget reconciliation process, they have faced significant opposition in the House, where the House Ways & Means Committee and House GOP leaders have pushed for one large bill with all of Trump’s priorities. 

House leaders had intended to make the first move in the process. But the Senate passing their own bill first could essentially force the lower chamber to contend with whatever product comes from the other side of Capitol Hill, instead of dictating their starting point themselves. 

Trump has previously said he preferred one large bill, but avoided demanding it. Rather, the president has left it with Congress, urging them to employ whichever strategy can be carried out quickest.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Zelenskyy wants nukes or NATO; Trump special envoy Kellogg says ‘slim and none’ chance
next post
USAID staffers stunned, angered by Trump admin’s DOGE shutdown of $40B agency

Related Posts

Musk unleashes wild Epstein claim against Trump after...

June 6, 2025

Speaker Johnson calls Biden ‘off script’ with threats...

May 10, 2024

‘American hero’ or ‘failure’: Elon Musk’s DOGE departure...

May 31, 2025

Panama eliminates charge fees for U.S. government vessels...

February 6, 2025

White House pressed on Biden refusing to speak...

December 21, 2024

‘Abandon Harris’ group endorses Jill Stein over ‘pro-genocide...

October 9, 2024

Biden top adviser Anita Dunn leaves White House...

July 31, 2024

New GOP-backed bill would ban aid to Afghanistan...

September 24, 2024

Trump reshapes US foreign policy with wildly successful,...

May 19, 2025

Emhoff denies report he slapped ex-girlfriend outside ritzy...

October 4, 2024

    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.

    Recent

    • Offense vs. Defense: How Geopolitical Tensions Shape Market Trends

      June 25, 2025
    • How to Use Fibonacci Retracements to Spot Key Levels

      June 25, 2025
    • Shifting Tides in the Stock Market: A New Era for Bulls?

      June 25, 2025
    • Experts gauge success of ‘bunker buster’ bombs dropped by US on Iran nuclear sites

      June 25, 2025
    • ‘I’m just a silly girl’: AOC fires back after Trump calls her ‘stupid’

      June 25, 2025

    Categories

    • Business (995)
    • Investing (2,462)
    • Politics (3,057)
    • Stocks (1,094)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved