• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

The Hitchhiker’s Guide to House Republicans releasing their tax and spending cut plan Friday

by February 7, 2025
written by February 7, 2025

House Republican leaders spent nearly five hours at the White House yesterday – some of it with President Donald Trump – as they tried to finalize the outline of their tax and spending cut package. 

The plan is to release a framework with some numbers today. 

Fox is told to expect north of $1 trillion in spending cuts. The bill would make permanent the 2017 Trump tax cuts. It is also likely the bill includes a provision to bar taxes on tips. 

House Republicans hoped to have a bill ready to go before the Budget Committee this week after their retreat at Mar-a-Lago. 

But no dice. 

Republicans hope to prep this bill before the House Budget Committee next week. 

Republicans need a budget framework adopted on the floor so they can use the budget reconciliation tool to bypass a Senate filibuster. No budget? No reconciliation option. 

House GOPers are feeling pressure from Senate Republicans who are pressing ahead with their own plan. Senate Republicans dine at Mar-a-Lago tonight with President Trump. 

House Republicans are worried if they stumble at moving first, they could get jammed by the Senate. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
John Fetterman reveals how he’ll vote on Trump’s Tulsi Gabbard and RFK Jr. nominations
next post
Iran’s supreme leader says nuclear talks with Trump admin would not be ‘wise’

related articles

Jill Biden should have to answer for ‘cover...

May 29, 2025

DOGE staffing shakeup as Elon Musk hangs up...

May 29, 2025

Hawley urges DOJ probe of Chinese trucking company

May 29, 2025

Less than half of DOGE-terminated contracts can be...

May 29, 2025

Flashback: Top five wildest moments from Elon Musk’s...

May 29, 2025

Sen Ron Johnson suggests he may not run...

May 29, 2025

Justice Department tells American Bar Association it will...

May 29, 2025

Senate Republicans plan hearing on Biden’s alleged cognitive...

May 29, 2025

White House discloses who will lead DOGE efforts...

May 29, 2025

Federal judge blocks 5 Trump tariff executive orders

May 29, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump will determine if Putin is ‘serious about negotiations’ to end Ukraine war, Rubio says

    February 16, 2025
  • House GOP moves Trump’s agenda forward after all-night committee debate

    May 14, 2025
  • Topshop teases a high-street comeback: can it thrive in today’s retail market?

    March 19, 2025
  • Freedom Caucus draws first battle lines in election year government shutdown fight

    August 12, 2024
  • Japanese eateries hike prices as tourist influx reaches record levels

    July 29, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,720)
  • Investing (624)
  • Stock (772)

Latest Posts

  • Volkswagen braces for showdown with unions after warning of possible German plant closures

    September 4, 2024
  • First on Fox: House Republican campaign arm targets vulnerable Democrats who ‘voted to shut down’ government

    March 12, 2025
  • OpenAI considering 16 states for data center campuses as part of Trump’s Stargate project

    February 7, 2025

Recent Posts

  • AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says

    March 18, 2025
  • Kirby ‘confident’ Americans in Gaza will be freed Sunday amid reports of Israel, Hamas deal holdup

    January 16, 2025
  • Top Senate Intelligence Dem grills Gabbard if Edward Snowden is ‘brave’: ‘Very troubling’

    January 30, 2025

Editor’s Pick

  • 10 rising stars in Democrat, Republican parties expected to emerge in 2025

    December 31, 2024
  • Chinese tea chain Chagee files for U.S. initial public offering

    March 27, 2025
  • Trump vows ‘new era of national success,’ says America’s ‘decline is over’ in inaugural address

    January 20, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock