Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

GOP rebels mutiny against House leaders as Trump budget bill talks hit impasse

by admin February 11, 2025
February 11, 2025
GOP rebels mutiny against House leaders as Trump budget bill talks hit impasse

The hard-line conservative House Freedom Caucus has released its own proposal to enact President Donald Trump’s agenda via the budget reconciliation process.

The plan would pair a debt ceiling increase and increased border security funding with deep spending cuts through welfare work requirements and rollbacks on progressive Biden administration initiatives.

It’s a sign that House GOP leaders have still not found consensus within the conference on a path forward, despite ambitious plans to get a bill through the chamber at the end of the month.

House and Senate Republicans are aiming to use their congressional majorities to pass a massive conservative policy overhaul via the budget reconciliation process.

By reducing the Senate’s threshold for passage from one-third to a simple majority, where the House already operates, Republicans will be able to enact Trump’s plans while entirely skirting Democratic opposition, provided the items included relate to budgetary and other fiscal matters.

GOP lawmakers want to include a wide swath of Trump priorities from more funding for border security to eliminating taxes on tipped and overtime wages.

But fiscal hawks have also demanded the package be deficit-neutral or deficit-reducing. Congressional leaders can afford little dissent with their razor-thin majorities and guaranteed lack of Democratic support.

The Freedom Caucus’s plan would follow through on conservatives’ pleas for deep spending cuts, pairing $200 billion in annual new spending for the border and national defense with $486 billion in spending cuts for the same 10-year period.

It would also include a $4 trillion increase in the debt ceiling, something Trump demanded be part of Republicans’ fiscal negotiations.

Spending cuts would be found in codifying rollbacks to the Biden administration’s electric vehicle mandates and imposing Clinton administration-era work requirements for certain federal benefits, among other measures.

The legislation leaves out one critical component of Trump’s reconciliation goals – the extension of his 2017-era Tax Cuts and Jobs Act.

House GOP leaders and Republicans on the Ways & Means Committee had pushed for them to be included alongside border security, debt ceiling, defense and energy measures in one massive reconciliation bill. 

They argued that leaving them for a second bill, which the House Freedom Caucus plan would do, will allow Trump’s tax cuts to expire at the end of this year before Congress has time to act.

The two-track approach is also favored by Senate Republicans, who are moving forward with their own plan this week.

Conservatives on the House Budget Committee pushed back against GOP leaders’ initial proposals for baseline spending cuts to offset new spending in the reconciliation plan, forcing the House to punt on plans to advance a resolution through the House Budget Committee last week.

Senate Budget Committee Chair Lindsey Graham, R-S.C., later announced plans to advance his own proposal through his committee by Thursday.

”The biggest loser this weekend wasn’t at the Super Bowl, but rather the American people,’ Rep. Andy Ogles, R-Tenn., told Fox News Digital. ‘The clock is ticking, and we are no closer to a budget deal, which is why the House Freedom Caucus released our Emergency Border Control Resolution Budget to secure our border and address Trump’s America First Agenda.’

House Freedom Caucus Chair Andy Harris, R-Md., said in a statement, ‘Given the current delay in the House on moving a comprehensive reconciliation bill, moving a smaller targeted bill now makes the most sense to deliver a win for the President and the American people.’

Rep. Michael Cloud, R-Texas, said, ‘The American people voted for Donald Trump to see action – not for Congress to sit on its hands while our short window to pass his America-First agenda closes.’

Supporters of the two-bill approach have said it would secure early wins on issues Republicans agree most on while leaving more complex matters like tax cuts for the latter half of the year.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
FBI must release Mar-a-Lago probe records despite Trump’s criminal immunity: judge
next post
Trump says ceasefire should be canceled if hostages aren’t released by Saturday: ‘Let all hell break out’

Related Posts

Biden’s Defense Department announces new multi-billion-dollar aid packages...

December 31, 2024

Trump says Ric Grenell will be ‘high up’...

December 12, 2024

Biden admin held private talks with Beijing on...

April 9, 2025

US cuts defense ties with Cuba over ‘non-cooperation’...

May 14, 2025

House unanimously votes to create Trump assassination attempt...

July 25, 2024

Harris-Trump cash dash: This presidential candidate holds fundraising...

September 22, 2024

Comer to create DOGE subcommittee chaired by Marjorie...

November 21, 2024

Pro-life group urges GOP to avoid ‘ostrich strategy,’...

June 4, 2024

Trump fires up major faith gathering just days...

June 24, 2024

White House confronted on friendly reception of ‘existential...

November 22, 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

    • Strategic Chaos or Tactical Goldmine? What QQQ’s Chart is Whispering Right Now

      June 5, 2025
    • Why ADX Can Mislead You — And How to Avoid It

      June 5, 2025
    • S&P 500 on the Verge of 6,000: What’s at Stake?

      June 5, 2025
    • Speaker Johnson surprised by Musk’s criticism of ‘big, beautiful bill’: He’s ‘flat wrong’

      June 5, 2025
    • There’s a way to aid Gaza. I know, my foundation just helped deliver 7 million meals… without incident

      June 5, 2025

    Categories

    • Business (967)
    • Investing (2,320)
    • Politics (2,873)
    • Stocks (1,054)
    • 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