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

Bull Hedging

Politics

Schumer, Democrats plot coordinated resistance to Trump’s ‘one ugly bill’

by admin June 3, 2025
June 3, 2025
Schumer, Democrats plot coordinated resistance to Trump’s ‘one ugly bill’
NEWYou can now listen to Fox News articles!

Senate Minority Leader Chuck Schumer is coordinating with his colleagues in the House to push back against Senate Republicans’ efforts to ram President Donald Trump’s wish list of policy desires through the Senate.

In a letter to Senate Democrats on Sunday, Schumer, D-N.Y., laid out a multipronged strategy to inflict as much pain on Republicans as possible in the budget reconciliation process, the legislative strategy the GOP is employing to sidestep negotiating with Democrats to advance the president’s priorities.

While congressional Republicans don’t need Democrats to move the colossal bill to Trump’s desk, Schumer wants to make the process as uncomfortable as possible as Senate Republicans begin a roughly monthlong sprint to put their fingerprints on what Trump deemed a ‘big, beautiful bill.’

The top Senate Democrat is coordinating with House Minority Leader Hakeem Jeffries, D-N.Y., and the top Democrats on crucial House committees to ‘share firsthand insight from their process and key Republican fault lines’ with their Senate counterparts.

‘Based on Senate Republicans’ public comments, it’s clear that if this reckless reconciliation bill passes the Senate it is very likely to contain changes, forcing it to be sent back to the House of Representatives,’ Schumer wrote. ‘That’s why we must be united with our House Democratic colleagues to fight this assault on working families.’

Indeed, Senate Majority Leader John Thune, R-S.D., said much of the debate and subsequent tweaks to the bill would focus on finding deeper spending cuts. The House’s offering set a goal of $1.5 trillion in spending cuts over the next decade, but some Senate Republicans want to hit $2 trillion, while a smaller cohort of fiscal hawks want to go even deeper.

Thune said that Republicans’ main focus during the next month would be ensuring that Trump’s first-term tax cuts are made permanent with the massive bill and not allowed to expire by the end of the year on the Senate floor, marking the Senate’s return on Monday. 

‘We are not going to let that happen, and our biggest focus this month is completing this tax relief legislation with the goal of getting the final bill to the president before the Fourth of July,’ he said. ‘It’s going to be a very busy month, Mr. President.’ 

In all, 10 Senate committees will be tasked with sifting through the massive bill’s contents, which include the president’s policy desires on taxes, immigration, energy, defense and the national debt.

Schumer’s edict comes as those committees gear up to make their own revisions to the bill to, in part, fall in line with their own policy and spending desires and to also comply with Senate rules.

He noted that Senate Democrats have been working ‘overtime’ to target a litany of policies in the GOP’s plan that ‘are in clear violation of the reconciliation rules and, in some cases, an assault on our very democracy.’

Some Republicans already have issues with certain policies in the bill, like cuts to Medicaid or the plan to move up the timeline to phase out green energy tax credits ushered in by the Biden administration.

Schumer also prodded Democrats to continue aggressively denouncing the bill on the ground in their home states and districts, arguing that ‘if the American people truly knew how deeply devastating, damaging, and deceitful this Republican plan is, they will reject it.’

‘Republicans’ ‘One Ugly Bill’ is a farce; an attack on the values that make America great,’ he wrote. ‘We know the first four months of Donald Trump’s presidency have been catastrophic for the American people. It is our duty to fight for American families, to stop the damage, and make certain Republicans are held accountable.’

This post appeared first on FOX NEWS

previous post
Trump administration open to allowing Iran to continue some uranium enrichment: report
next post
Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

Related Posts

Hamas agrees to release 10 more hostages

June 1, 2025

US will know in ‘matter of weeks’ if...

April 5, 2025

Iran retaliates with missile attack on US base...

June 24, 2025

Dem senator accuses top Trump official of being...

June 27, 2025

Rubio demands answers with 2 more Americans reportedly...

January 26, 2025

Hundreds of Ukrainian prisoners released in swap with...

May 24, 2025

Mother of Hunter Biden’s daughter defends pardon, says...

December 11, 2024

Trump pulls security clearance of 51 national security...

January 21, 2025

Howard Lutnick confirmed as Trump’s commerce secretary

February 19, 2025

Trump pushes to recover ‘billions of dollars’ of...

February 27, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • Tech Taps the Brakes, Homebuilders Hit the Gas: See the Rotation on StockCharts Today
  • Trump calls for Obama to be criminally investigated, says he was Russiagate ‘ringleader’
  • SCOOP: Dem fundraising giant ActBlue hit with subpoena by top House committees
  • Dems seek retaliation over GOP cuts as Thune calls for ‘cooperation’ on funding vote

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

    July 23, 2025
  • Tech Taps the Brakes, Homebuilders Hit the Gas: See the Rotation on StockCharts Today

    July 23, 2025
  • Trump calls for Obama to be criminally investigated, says he was Russiagate ‘ringleader’

    July 23, 2025
  • SCOOP: Dem fundraising giant ActBlue hit with subpoena by top House committees

    July 23, 2025
  • Dems seek retaliation over GOP cuts as Thune calls for ‘cooperation’ on funding vote

    July 23, 2025
  • GOP lawmakers advocate for US condemnation of persecution against Christians in Muslim-majority nations

    July 23, 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

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

    December 31, 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 (459)
  • Investing (1,619)
  • Politics (1,994)
  • Stocks (671)
  • 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