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

Bull Hedging

Politics

Pence group warns Senate not to rubber-stamp Trump’s ‘big, beautiful bill’

by admin June 13, 2025
June 13, 2025
Pence group warns Senate not to rubber-stamp Trump’s ‘big, beautiful bill’

Former Vice President Mike Pence’s conservative organization wants Republican senators to gut provisions from the ‘big, beautiful bill’ that could jeopardize the legislation’s survival in both chambers.

Advancing American Freedom, Pence’s organization that he founded in 2021, supports the House’s offering in the budget reconciliation process, and views it as the best move to prevent President Donald Trump’s first-term tax cuts from expiring. 

However, Chair Marc Short and President Tim Chapman called on the Senate GOP to make further refinements to the bill to ensure a better end product, in a letter to Senate Republicans first obtained by Fox News Digital. 

And some of those changes would see key provisions that helped move the president’s bill through the House stripped out.

The duo praised House Republicans for ‘hard-fought’ reforms to Medicaid, rolling back of certain provisions from the Biden administration’s Inflation Reduction Act, cuts to Planned Parenthood funding and the end of taxpayer dollars flowing to ‘dangerous sex change operations.’

But they believed the Senate GOP could further polish the House’s offering.

‘Even still, the Senate should build on the House’s hard work to perfect the One, Big, Beautiful Bill to deliver for the American people,’ they wrote.

Pence’s organization also called for further lowering the corporate tax rate, which was set at 21% by Trump’s first-term tax cut package, eliminating the state and local tax (SALT) deduction entirely, ending all Green New Deal subsidies, and gutting a proposed increase to the debt limit.

Some of the changes advocated for by Advancing American Freedom, like nixing the debt-limit language, could go a long way toward earning support from Sen. Rand Paul, R-Ky., who has vowed to vote against the bill if the debt-limit hike is left in.

But completely ending green subsidies could pose a problem for a cohort of Senate Republicans who have wanted to see the phase-out authored by House Republicans reworked. Doing away with the SALT deduction could hinder the bill, too.

Senate Republicans largely do not care about the increase to the SALT cap to $40,000 pushed for by blue-state Republicans in the House, given that no Republican senator represents a blue state. But House Republicans from New York, New Jersey and California have vowed to vote against the legislation if the cap is touched.

Congressional Republicans are using the budget reconciliation process to pass a sweeping bill advancing Trump’s agenda on taxes, immigration, energy, defense and the national debt. The main thrust of the colossal package is to extend or make permanent the president’s 2017 tax cuts, but lawmakers are also working to use it to bring down the national debt – nearing $37 trillion – with the aim of cutting $1.5 trillion in federal spending.

While leaders have warned to make as few changes as possible to the House’s offering, the Senate GOP intends to leave its mark on the package, particularly in trying to find steeper savings. Any seismic changes could jeopardize the bill’s survival in the House, where it narrowly passed on a 215 to 214 vote last month.

Short and Chapman noted that the ultimate goal of the package is to prevent Trump’s tax cuts from lapsing.

‘If Congress gets cold feet — or fails to send the package to the president’s desk — 
American households will suffer a $2,100 tax increase on average,’ they wrote.

‘[The One Big Beautiful Bill] not only defuses the looming tax bomb, it takes a first step toward entitlement reform, rebuilds the military, and ensures that our Border Patrol agents and Immigration and Customs Enforcement officers have the tools they need to secure the border and deport illegal aliens,’ they said. 

This post appeared first on FOX NEWS

previous post
Gorsuch warns Supreme Court decision gives IRS ‘powerful new tool to avoid accountability’
next post
RRG Update: Is Tech Ready to Break Out?

Related Posts

Maurene Comey sues DOJ for ‘unlawful’ firing, demands...

September 16, 2025

Zeldin, McCain hammer Crockett on Epstein donations claim

November 21, 2025

Trump moves nuclear submarines weeks after praising sub’s...

August 2, 2025

Schiff launches legal defense fund in response to...

August 20, 2025

Kash Patel torches ‘conspiracy theories’ about Bondi feud...

July 13, 2025

WATCH: AOC holds Queens town hall as 2028...

May 3, 2025

‘Truly providential’: Trump made promise to Marc Fogel’s...

February 14, 2025

National Cancer Institute spends $218M per year on...

February 24, 2025

Trump’s unpredictable Middle East moves actually follow a...

June 20, 2025

What’s on the menu for Donald Trump’s Inaugural...

January 19, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • Teenage cancer patient’s final fight becomes law as House passes landmark pediatric bill
  • State-level AI rules survive — for now — as Senate sinks moratorium despite White House pressure
  • DAVID MARCUS: Trump’s aggression toward Venezuela a warning to Putin

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

    December 7, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    December 7, 2025
  • Teenage cancer patient’s final fight becomes law as House passes landmark pediatric bill

    December 7, 2025
  • State-level AI rules survive — for now — as Senate sinks moratorium despite White House pressure

    December 7, 2025
  • DAVID MARCUS: Trump’s aggression toward Venezuela a warning to Putin

    December 7, 2025
  • Rosie O’Donnell’s Trump obsession continues unabated from Ireland as friends beg her to ‘disconnect’

    December 7, 2025

Editors’ Picks

  • 1

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

    December 12, 2024
  • 2

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 3

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

    December 31, 2024
  • 4

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

    December 15, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 7

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

    December 19, 2024
Promotion Image

banner

Categories

  • Business (602)
  • Investing (2,583)
  • Politics (3,123)
  • Stocks (948)
  • 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