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

Bull Hedging

Politics

Johnson pushes ‘aggressive’ timetable for House to pass Trump’s budget bill after GOP mutiny: ‘We cannot fail’

by admin May 19, 2025
May 19, 2025
Johnson pushes ‘aggressive’ timetable for House to pass Trump’s budget bill after GOP mutiny: ‘We cannot fail’

House Speaker Mike Johnson on Sunday defended the ‘aggressive’ timetable he is pushing to advance President Donald Trump’s ‘big, beautiful bill,’ saying the House remains on track to pass the ‘historic’ legislative package by Memorial Day. 

The House Budget Committee will reconvene at 10 p.m. Sunday night after a vote to advance the more than 1,100-page ‘One Big Beautiful Bill Act’ failed Friday, when five Republicans sided with committee Democrats to sink Trump’s sweeping tax bill. 

‘We’re on track, working around the clock to deliver this nation-shaping legislation for the American people as soon as possible,’ Johnson said during an appearance on ‘Fox News Sunday’ regarding ongoing negotiations. ‘All 11 of our committees have wrapped up their work, and they spent less and saved more than even we’ve projected initially. This really is a once in a generation opportunity that we have here.’ 

After the bill advances through the budget committee, Johnson said the plan is to move the legislative package to the House Rules Committee by mid-week and then to the House floor by the end of the week ‘so we meet our initial, our original Memorial Day deadline.’ 

‘It’s very important for people to understand why we’re being so aggressive on the timetable and why this really is so important,’ Johnson said. ‘This is the vehicle through which we will deliver on the mandate the American people gave us during the last election. You’re going to have historic savings for the American people, historic tax relief for American workers, historic investments in border security.

‘At the same time, we’re restoring American energy dominance, and we’re rebuilding the defense industrial base, and we’re ensuring that programs like Medicaid and SNAP are strengthened for U.S. citizens who need and deserve them and not being squandered away by illegal aliens and persons who are ineligible to receive them and are cheating the system,’ he added.

Johnson reiterated that making Trump’s 2017 tax cuts permanent by 2026 is critical and stressed that the package also eliminates taxes on overtime and tips – a 2024 Trump campaign promise. He said it also includes new tax relief for seniors on Social Security and cuts taxes on ‘job creators, so that will help everybody across the country at the same time as incentivizing American-made production and manufacturing.’ 

‘This is a big thing. We cannot fail, and we’ll get it done for the American people,’ Johnson said. 

South Carolina Rep. Ralph Norman and Texas Rep. Chip Roy are among critics from Johnson’s own party who say the speaker is not serious about cutting spending. They want work requirements for able-bodied adult Medicaid recipients to be implemented sooner than 2029 – a view Johnson told ‘Fox News Sunday’ that he shares, but the speaker added there is concern over the ability of the states to ‘retool their systems and ensure the verification process’ can be enforced. 

‘We’re working through all those details, and we’ll get it done, but I’ll tell you what, this is the largest spending reduction in at least three decades, probably longer. It’s historic,’ Johnson said, adding that the package has the support of Office of Management and Budget Director Russ Vought, as well as ‘nearly 500 organizations across the conservative spectrum’ including fiscally responsible groups who believe ‘that we’ve got to turn the tide in spending.’

‘We are. This is our opportunity to do it. It’s once in a generation, as I’ve said, and we can’t squander it,’ Johnson said. 

The speaker said that while he is confident he will be able to reach a compromise on the Medicaid work requirement to squash internal disputes, Republican leadership does not expect a single Democrat to vote for the bill. 

‘Which means that they will be on record apparently supporting the largest tax increase in U.S. history, which is what will happen by default after the end of this year if we do not get this job done. We have to accomplish this mission, and we will.,’ Johnson said.

This post appeared first on FOX NEWS

previous post
Biden’s woes converge: Last-minute pardons under fire, calls for prosecution mount following Hur tape release
next post
Emerging Stocks to Watch – Breakouts, Momentum & Upgrades!

Related Posts

EXCLUSIVE: Franklin Graham praises VP Vance’s stand, critiques...

September 6, 2025

Trump administration swarms SCOTUS with emergency requests and...

July 4, 2025

GOP races against clock as Senate, House remain...

April 29, 2025

Trump signs new executive orders intended to make...

June 7, 2025

State Department stops issuing all visitor visas for...

August 17, 2025

DOJ task force finds ‘numerous instances’ of anti-Christian...

September 6, 2025

HHS employees offered $25k as ‘incentive to voluntarily...

March 10, 2025

Top Senate Republican ready to ‘roll over’ Democrats...

August 30, 2025

Noem thanks Trump for new Shield of the...

March 8, 2026

Kamala Harris blasts Trump administration’s capture of Venezuela’s...

January 4, 2026

Recent Posts

  • DHS scorches Pritzker’s ‘sanctuary’ state after child rapist on ICE detainer released
  • DC police captain cites bodycam footage of officers not making arrests, sparking backlash
  • Socialist mayor’s blunt 1-word message to fleeing millionaires sparks outrage: ‘We’re doomed’
  • MN governor race to replace Walz sees major shakeup as GOP contender ends campaign: ‘Don’t see a path’
  • Amazon explores ‘The Apprentice’ reboot with Trump Jr set for promotion: report

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

  • DHS scorches Pritzker’s ‘sanctuary’ state after child rapist on ICE detainer released

    May 2, 2026
  • DC police captain cites bodycam footage of officers not making arrests, sparking backlash

    May 2, 2026
  • Socialist mayor’s blunt 1-word message to fleeing millionaires sparks outrage: ‘We’re doomed’

    May 2, 2026
  • MN governor race to replace Walz sees major shakeup as GOP contender ends campaign: ‘Don’t see a path’

    May 2, 2026
  • Amazon explores ‘The Apprentice’ reboot with Trump Jr set for promotion: report

    May 2, 2026
  • Republican state attorneys general join lawsuit to stop $6.2B local TV merger

    May 2, 2026

Editors’ Picks

  • 1

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

    September 19, 2025
  • 2

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

    December 12, 2024
  • 3

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

    December 15, 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

    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 (676)
  • Investing (3,251)
  • Politics (4,077)
  • Stocks (1,072)
  • Terms and Conditions
  • Privacy Policy

Copyright © 2026 bullhedging.com | All Rights Reserved