Simple Smart Seminar
  • Stock
  • Investing
  • Politics
  • Tech News
  • Editor’s Pick
Politics

Senate GOP pushes Trump budget framework through after marathon vote series

by April 5, 2025
April 5, 2025 0 comment

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 comment
0
FacebookTwitterPinterestEmail
previous post
Sec Hegseth to visit Panama after Trump’s demands for canal’s return
next post
South Korea presidential ouster part of Chinese strategy to ‘expand its regional influence,’ expert says

You may also like

How close was Iran to a nuclear weapon...

June 13, 2025

Trump believes Israel’s strike on Iran could improve...

June 13, 2025

Majority of Americans back Israeli airstrikes on Iran,...

June 13, 2025

Inside Israel’s secret war in Iran: Mossad commandos,...

June 13, 2025

‘War criminal Netanyahu’: ‘Squad’ members erupt over Israel’s...

June 13, 2025

Marjorie Taylor Greene launches probe into Planned Parenthood’s...

June 13, 2025

IAEA chief calls Israeli president, reportedly says Iran...

June 13, 2025

Iran claims right to nuclear prowess following Israel...

June 13, 2025

Second federal judge sides against Trump’s election executive...

June 13, 2025

​​Trump says Israel’s next Iran attack will be...

June 13, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Bearish Divergence Suggests Caution For S&P 500

      June 13, 2025
    • Is a Bold Rotation Brewing in Healthcare and Biotech? Here’s What to Watch Now

      June 13, 2025
    • Three Sectors Stand Out and One Sports a Bullish Breakout

      June 13, 2025
    • RRG Update: Is Tech Ready to Break Out?

      June 12, 2025
    • What the S&P 500, VIX, and ARKK are Telling Us Now

      June 12, 2025
    • 10‑Year Yield Warning! ADX + RSI Point to a Major Shift

      June 11, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 simplesmartseminar.com | All Rights Reserved

    Simple Smart Seminar
    • Stock
    • Investing
    • Politics
    • Tech News
    • Editor’s Pick