Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Trump budget bill standoff fuels tension in House GOP as leaders press forward

by admin February 12, 2025
February 12, 2025
Trump budget bill standoff fuels tension in House GOP as leaders press forward

The House and Senate are headed for a collision course on federal budget talks as each chamber hopes to advance its own respective proposals by the end of Thursday.

Speaker Mike Johnson, R-La., told reporters Tuesday that the House Budget Committee would take up a resolution for a massive bill to advance President Donald Trump’s agenda later this week. The panel then scheduled its meeting on the matter for 10 a.m. ET on Thursday. 

Senate Republicans, meanwhile, resolved to push forward with their own legislation after the House GOP missed its self-imposed deadline to kick-start the process last week. 

And while the two chambers agree broadly on what they want to pass via reconciliation, they differ significantly on how to get those goals over the finish line. 

‘What’s the alternative, the Senate version?’ Rep. Ralph Norman, R-S.C., said when asked if House Republicans could come to an agreement. ‘When has the Senate ever given us anything conservative?’

House Budget Committee Chairman Jodey Arrington, R-Texas, caught some members of the Republican conference by surprise at their closed-door meeting on Tuesday morning when he announced to the room that his panel would be advancing a reconciliation resolution, two lawmakers told Fox News Digital.

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 two-thirds 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’s priorities, from more funding for border security to eliminating taxes on tipped and overtime wages.

House Republicans’ plans to advance the bill through committee last week were scuttled after fiscal hawks balked at initial proposals for baseline reductions in government spending – frustrating rank-and-file lawmakers.

‘This is a mechanism that needs to happen that some people are getting hung up on,’ one exasperated House GOP lawmaker said. ‘Some people are acting as if this – you know, I appreciate they’re taking this seriously, but this is just getting the clock started.’

More recent proposals traded by the House GOP would put that minimum total anywhere between roughly $1 trillion and $2.5 trillion.

Meanwhile, the Senate’s proposal is projected to be deficit-neutral, according to a press release. Senate Budget Committee Chairman Lindsey Graham, R-S.C., hopes to advance it by the end of Thursday.

Johnson told reporters Tuesday that bill would be dead on arrival in the House.

‘I’m afraid it’s a nonstarter over here. And, you know, I’ve expressed that to him. And there is no animus or daylight between us. We all are trying to get to the same achievable objectives. And there’s just, you know, different ideas on how to get there,’ the speaker said.

Tensions are growing, however, with Johnson’s critics beginning to blame his leadership for the lack of a definitive roadmap.

‘We’re totally getting jammed by the Senate. Leaders lead, and they don’t wait to get jammed,’ Rep. Max Miller, R-Ohio, told Fox News Digital. ‘If I had somebody who was arguing with me about a top-line number, and if I was speaker, they wouldn’t be in that position anymore.’

‘And I would figure out a way to be resourceful working with the conference and working lines of communication, as opposed to hiding everything and then being three weeks late on the top-line number.’

Johnson told reporters that details of a plan could be public as soon as Tuesday night.

The Senate’s plan differs from the House’s goal in that it would separate Trump’s priorities into two separate bills – including funding for border security and national defense in one bill, while leaving Trump’s desired tax cut extensions for a second portion.

House GOP leaders are concerned that leaving tax cuts for a second bill could leave Republicans with precious little time to reckon with them before the existing provisions expire at the end of this year.

This post appeared first on FOX NEWS

previous post
Federal judge orders Trump admin to restore public health web pages
next post
Trump on verge of next Cabinet victory with late-night Tulsi Gabbard Senate vote

Related Posts

Jimmy Carter’s funeral brings all 5 living presidents...

January 10, 2025

Trump, Putin discussed possible prisoner swap involving 9...

May 21, 2025

Federal judge partially blocks Trump’s effort to deny...

April 25, 2025

Supreme Court Chief Justice Roberts issues warning on...

January 2, 2025

Trump’s first vice president urges his old boss...

May 9, 2025

Vance breaks key tie after Senate fails to...

May 1, 2025

Vance will likely be 2028 front-runner, but RNC...

December 17, 2024

Tillis puts onus on Trump to avoid Boasberg...

May 7, 2025

New report warns NATO’s data vulnerabilities could cost...

May 3, 2025

Trump vindicated as explosive report confirms Iran supervises...

March 20, 2025

Recent Posts

  • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now
  • Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders
  • S&P 500 Bullish Patterns: Are Higher Highs Ahead?
  • Strategic Chaos or Tactical Goldmine? What QQQ’s Chart is Whispering Right Now
  • Why ADX Can Mislead You — And How to Avoid It

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

    June 5, 2025
  • Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

    June 5, 2025
  • S&P 500 Bullish Patterns: Are Higher Highs Ahead?

    June 5, 2025
  • 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

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
  • 7

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
Promotion Image

banner

Categories

  • Business (388)
  • Investing (1,273)
  • Politics (1,577)
  • Stocks (525)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.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 bullhedging.com | All Rights Reserved