Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

Senate GOP pushes Trump budget framework through after marathon vote series

by admin April 5, 2025
April 5, 2025
Senate GOP pushes Trump budget framework through after marathon vote series

The Senate approved changes to the House’s budget resolution on Saturday after an hourslong series of amendment votes during which Democrats sought to put Republicans on record on issues like tariffs and the Department of Government Efficiency (DOGE). 

It passed mostly along party lines in a 51 to 48 vote.

The amended framework would raise the debt ceiling by up to $5 trillion within the reconciliation process, taking future leverage away from Senate Democrats. It would also make President Trump’s 2017 tax cuts permanent by using what’s called a current policy baseline that Budget Committee Chairman Lindsey Graham, R-S.C., decides.

The scoring tool essentially means the cost of making Trump’s tax cuts permanent would be factored at $0 because it extends current policy, rather than counting it as new dollars being added to the federal deficit.

Budget reconciliation lowers the vote threshold in the Senate from 60 to 51, which lets Republicans approve certain priorities with no Democrat support. 

Washington’s Republican trifecta thus sees reconciliation as a key tool for delivering on Trump agenda items. 

The Senate’s Friday night ‘vote-a-rama’ was triggered by the chamber agreeing to a motion to proceed to the budget resolution amendment on Thursday night. Nearly a day of debate followed before the vote series was initiated.

During this type of voting series, senators of both parties can introduce an unlimited number of amendments, and many get floor votes.

The budget would address border funding for the Trump administration as well as extend the hallmark tax cuts Trump passed in 2017. 

Initially, there was stark disagreement between Republicans in the House and Senate on how to organize a budget reconciliation resolution. The House GOP leaders preferred one bill with both the border and taxes included, while those in the Senate wanted to have two separate resolutions for them. 

But the House’s approach ultimately won out, with Trump supporting their plan. 

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
South Korea presidential ouster part of Chinese strategy to ‘expand its regional influence,’ expert says
next post
Dem senator looks to hijack key Trump budget process with tariff challenge

Related Posts

3 numbers that explain November election results –...

December 6, 2024

Biden-era policy indirectly paying for unaccompanied minors’ abortions...

July 18, 2025

Liz Cheney fundraises off explosive Trump, Zelenskyy Oval...

March 4, 2025

Elon Musk posts ‘Kill Bill’ meme in latest...

June 5, 2025

Kurilla warfare: Meet the general leading US military...

June 20, 2025

Trump admin cracks down on groups tied to...

March 14, 2025

‘Get a job’: Medicaid work requirements included in...

July 20, 2025

Mexican drug lord convicted in killing of DEA...

April 11, 2025

Morning Glory: Change comes to the White House...

February 27, 2025

Gorsuch has stern message when asked about Biden...

August 5, 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

    • Key aide in IRS’ Tea Party targeting controversy put on leave after allegations of new anti-GOP effort

      August 6, 2025
    • Supreme Court orders new arguments in pivotal elections case

      August 6, 2025
    • Michelle Obama celebrates Barack as ‘coolest guy’ on his birthday after the pair joked about divorce rumors

      August 6, 2025
    • Senate GOP ready to go nuclear after Schumer’s ‘political extortion’ of nominees

      August 6, 2025
    • Cotton calls on IRS to pull Muslim advocacy group’s nonprofit status

      August 6, 2025

    Categories

    • Business (1,052)
    • Investing (2,769)
    • Politics (3,407)
    • Stocks (1,155)
    • 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