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

Bull Hedging

Politics

Trump descends on Capitol Hill to patch Republican divides on his ‘one big, beautiful bill’

by admin May 20, 2025
May 20, 2025
Trump descends on Capitol Hill to patch Republican divides on his ‘one big, beautiful bill’

President Donald Trump will descend on Capitol Hill Tuesday morning where he’s expected to meet with House Republicans on his ‘one, big, beautiful bill.’

Trump is attending the House GOP’s weekly conference meeting, three House GOP sources and two White House officials confirmed to Fox News Digital and Fox News Radio, respectively. It’s normally an hour-long session behind closed doors where Republicans discuss the week’s agenda and any outstanding issues.

The president is expected to rally Republicans around the massive piece of legislation designed to advance his agenda on tax, immigration, defense, energy, and raising the debt limit.

It’s a significant escalation in the president’s involvement in the process so far.

House Republicans, meanwhile, have several critical differences to resolve before their self-imposed deadline to pass the bill by Memorial Day.

Conservatives are pushing for the bill to be more aggressive on cutting waste, fraud, and abuse in the Medicaid system, including a faster timeline for implementing work requirements for able-bodied recipients. Currently, the legislation has work requirements kicking in in 2029.

Moderates, meanwhile, have been wary of making significant cuts to the program.

Fiscal hawks are also pushing for a total and near-immediate repeal of the former Biden administration’s green energy subsidies in the Inflation Reduction Act (IRA), noting it was a Trump campaign promise – while other Republicans have pointed out businesses in their districts are benefiting from the tax relief.

There’s also disagreement over raising the state and local tax (SALT) deduction cap, a critical issue for blue state Republicans representing high-cost-of-living districts. GOP lawmakers in lower-tax states have dismissed it as a giveaway to high-tax Democrat-controlled areas, however.

News of Trump’s likely appearance on Capitol Hill comes after Speaker Mike Johnson, R-La., said on a lawmaker-only call on Monday morning that the president is ready and willing to play an active role in discussions.

‘He wants to be involved as much as we need him,’ Johnson told House GOP colleagues.

The speaker also said he spoke with Trump by phone on Monday morning, and the president was ‘very excited, very encouraged.’

Republicans are working to pass Trump’s policies on tax, immigration, energy, defense, and the national debt all in one massive bill via the budget reconciliation process.

GOP lawmakers also see it as an opportunity to put the country on a better fiscal path, with the national debt already having surpassed $36 trillion.

Budget reconciliation lowers the Senate’s threshold for passage from 60 votes to 51, thereby allowing the party in power to skirt the minority – in this case, Democrats – to pass sweeping pieces of legislation, provided they deal with the federal budget, taxation, or the national debt.

House Republicans are hoping to advance Trump’s bill through the House by the end of this week, with a goal of a final bill on the president’s desk by Fourth of July.

The House Rules Committee, the final gatekeeper before a House-wide vote, is set to take up the bill at 1 a.m. on Wednesday.

This post appeared first on FOX NEWS

previous post
Schumer ripped for placing blame on Trump, DOGE for deadly Mexican Navy crash in NYC: ‘He is an idiot’
next post
Not All Price Gaps Are the Same! Here’s How to Trade Them

Related Posts

Federal judge denies Trump admin’s effort to ban...

March 27, 2025

Incoming Trump admin, Congress showdown looms with South...

December 27, 2024

RFK Jr. sworn in as Health and Human...

February 14, 2025

Jimmy Carter ‘killer rabbit attack’ story highlighted his...

December 31, 2024

Ukraine enters fourth year of war with Russia:...

February 24, 2025

Senate Republicans look to sweeten Medicaid pot to...

June 26, 2025

AOC claims Republicans will ‘trick’ Americans into identity...

April 16, 2025

Mike Lawler tells NY Dem to ‘f— off’...

June 13, 2025

Conservatives tout victory after stopping last-minute Schumer push...

December 12, 2024

Trump doubles down on acquiring Greenland for ‘world...

March 29, 2025

Recent Posts

  • Tech Takes the Spotlight Again—Are You Watching These Stocks?
  • This Tool Could Change Your Options Trading Forever
  • Four Symbols, One Big Message: What the Charts are Telling Us
  • 30 Dow Stocks in 20 Minutes: Joe Rabil’s Mid-Year Technical Check
  • Simpler Charts, Better Results? Use This Trick to Trade Smarter With Less

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

  • Tech Takes the Spotlight Again—Are You Watching These Stocks?

    July 17, 2025
  • This Tool Could Change Your Options Trading Forever

    July 17, 2025
  • Four Symbols, One Big Message: What the Charts are Telling Us

    July 17, 2025
  • 30 Dow Stocks in 20 Minutes: Joe Rabil’s Mid-Year Technical Check

    July 17, 2025
  • Simpler Charts, Better Results? Use This Trick to Trade Smarter With Less

    July 17, 2025
  • Congress considers permanent national park fee increase for international visitors

    July 17, 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

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

    December 19, 2024
  • 5

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 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 (454)
  • Investing (1,578)
  • Politics (1,947)
  • Stocks (659)
  • 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