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
Mike Lawler tells NY Dem to ‘f— off’ after chaos ignites on House floor
next post
RRG Update: Is Tech Ready to Break Out?

Related Posts

DOJ brass vowed full transparency on Epstein before...

July 14, 2025

The Hitchhiker’s Guide to failing to elect a...

December 27, 2024

State Department says 59,000 tons of food assistance...

July 19, 2025

Supreme Court divided over state effort to defund...

April 3, 2025

Dominican judge rules in Iowa witness’ favor in...

March 19, 2025

Zelenskyy thanks NATO, European leaders for backing his...

August 11, 2025

Trump declares US will win global AI race...

July 24, 2025

Who is Anita Dunn? The Biden confidante who...

August 8, 2025

Trump allies mount campaign to get DOGE codified...

March 16, 2025

Speaker Johnson surprised by Musk’s criticism of ‘big,...

June 5, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • Elon Musk halts plans for new political party, prioritizing business instead: report
  • Ukraine’s stolen children crisis looms large as NATO meets on Russia’s war
  • Duffy’s DOT accuses Biden, Buttigieg of inflating air traffic controller pipeline: ‘Juiced the numbers’

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

    August 21, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    August 21, 2025
  • Elon Musk halts plans for new political party, prioritizing business instead: report

    August 21, 2025
  • Ukraine’s stolen children crisis looms large as NATO meets on Russia’s war

    August 21, 2025
  • Duffy’s DOT accuses Biden, Buttigieg of inflating air traffic controller pipeline: ‘Juiced the numbers’

    August 21, 2025
  • FBI arrests woman on ‘Ten Most Wanted Fugitives’ hiding in India, transports to US for prosecution

    August 21, 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 (508)
  • Investing (1,820)
  • Politics (2,224)
  • Stocks (732)
  • 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