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

Bull Hedging

Politics

Future of Trump budget bill uncertain as House GOP rebels mutiny over Senate plan

by admin April 9, 2025
April 9, 2025
Future of Trump budget bill uncertain as House GOP rebels mutiny over Senate plan

House Republicans are divided over how to proceed on a massive piece of legislation aimed at advancing President Donald Trump’s agenda as a possible vote on the measure looms Wednesday afternoon.

Fiscal hawks are rebelling against GOP leaders over plans to pass the Senate’s version of a sweeping framework that sets the stage for a Trump policy overhaul on the border, energy, defense and taxes.

Their main concern has been the difference between the Senate and House’s required spending cuts, which conservatives want to offset the cost of the new policies and as an attempt to reduce the national deficit. The Senate’s plan calls for a minimum of $4 billion in cuts, while the House’s floor is much higher at $1.5 trillion.

‘The problem is, I think a lot of people don’t trust the Senate and what their intentions are, and that they’ll mislead the president and that we won’t get done what we need to get done,’ Rep. Rich McCormick, R-Ga., told reporters on Tuesday. ‘I’m a ‘no’ until we figure out how to get enough votes to pass it.’

McCormick said there were as many as 40 GOP lawmakers who were undecided or opposed to the measure.

A meeting with a select group of holdouts at the White House on Tuesday appeared to budge a few people, but many conservatives signaled they were largely unmoved.

‘I wouldn’t put it on the floor,’ Rep. Chip Roy, R-Texas, told reporters after the White House meeting. ‘I’ve got a bill in front of me, and it’s a budget, and that budget, in my opinion, will increase the deficit, and I didn’t come here to do that.’

Senate GOP leaders praised the bill as a victory for Trump’s agenda when it passed the upper chamber in the early hours of Saturday morning.

Trump urged all House Republicans to support it in a Truth Social post on Monday evening.

Meanwhile, House Republican leaders like Speaker Mike Johnson, R-La., have appealed to conservatives by arguing that passing the Senate version does not in any way impede the House from moving ahead with its steeper cuts.

The House passed its framework in late February.

Congressional Republicans are working on a massive piece of legislation that Trump has dubbed ‘one big, beautiful bill’ to advance his agenda on border security, defense, energy and taxes.

Such a measure is largely only possible via the budget reconciliation process. Traditionally used when one party controls all three branches of government, reconciliation lowers the Senate’s threshold for passage of certain fiscal measures from 60 votes to 51. As a result, it has been used to pass broad policy changes in one or two massive pieces of legislation.

Passing frameworks in the House and Senate, which largely only include numbers indicating increases or decreases in funding, allows each chamber’s committees to then craft policy in line with those numbers under their specific jurisdictions. 

Members of the conservative House Freedom Caucus have pushed for Johnson to allow the House GOP to simply begin crafting its bill without passing the Senate version, though both chambers will need to eventually pass identical bills to send to Trump’s desk.

‘Trump wants to reduce the interest rates. Trump wants to lower the deficits. The only way to accomplish those is to reduce spending. And $4 billion is not – that’s … anemic. That is really a joke,’ Rep. Eric Burlison, R-Mo., told reporters.

He said ‘there’s no way’ the legislation would pass the House this week.

The measure will likely go through the House Rules Committee, which acts as the final gatekeeper for most legislation getting a chamber-wide vote.

However, tentative plans for a late-afternoon House Rules Committee meeting on the framework, which would have set up a Wednesday vote, were scrapped by early evening on Tuesday.

The legislation could still get a House-wide vote late on Wednesday if the committee meets in the morning.

As for the House speaker, he was optimistic returning from the White House meeting on Tuesday afternoon.

‘Great meeting. The president was very helpful and engaged, and we had a lot of members whose questions were answered,’ Johnson told reporters. ‘I think we’ll be moving forward this week.’

Fox News’ Ryan Schmelz and Aishah Hasnie contributed to this report.

This post appeared first on FOX NEWS

previous post
VP Vance blasts McConnell’s vote against Trump Pentagon nominee: ‘Political pettiness’
next post
White House: US will lead in AI, but China is catching up

Related Posts

Trump, Zelenskyy to meet for key deal as...

February 28, 2025

Trump is threatening to ‘federalize’ DC with National...

August 12, 2025

CIA director says China is #1 priority, poses...

April 18, 2025

Trump inks trade deal with UK, previews China...

May 11, 2025

Donald Trump Jr takes personal trip to Greenland...

January 7, 2025

Cracker Barrel’s logo mea culpa is a start...

August 27, 2025

Trump FDA pick clears last hurdle after flipping...

March 26, 2025

Trump pardons nearly all Jan. 6 defendants on...

January 21, 2025

Trump says Comey ‘placed a cloud over the...

September 26, 2025

White House drops ‘Daddy’s Home’ meme after viral...

June 27, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • Charlie Kirk assassination sparks Senate hearing on ‘left-wing political violence,’ Schmitt vows action
  • Fetterman calls out Dems’ flip: ‘We ran on killing the filibuster, and now we love it’
  • Dem senator says Melania Trump is America’s ‘secret weapon’ against Putin’s ‘war criminality’

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

  • The Real Drivers of This Market: AI, Semis & Robotics

    October 22, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    October 22, 2025
  • Charlie Kirk assassination sparks Senate hearing on ‘left-wing political violence,’ Schmitt vows action

    October 22, 2025
  • Fetterman calls out Dems’ flip: ‘We ran on killing the filibuster, and now we love it’

    October 22, 2025
  • Dem senator says Melania Trump is America’s ‘secret weapon’ against Putin’s ‘war criminality’

    October 22, 2025
  • Hillary Clinton fires up voters against Trump’s White House ballroom construction: ‘Not his house’

    October 22, 2025

Editors’ Picks

  • 1

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

    December 12, 2024
  • 2

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

    December 31, 2024
  • 3

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

    December 15, 2024
  • 4

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 5

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

    December 19, 2024
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

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

    December 13, 2024
Promotion Image

banner

Categories

  • Business (580)
  • Investing (2,242)
  • Politics (2,736)
  • Stocks (856)
  • 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