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

Speaker Johnson moves on Senate’s Trump budget bill as House GOP rebels threaten to defect

by April 5, 2025
written by April 5, 2025

House Republican leaders are rallying GOP lawmakers around a plan to enact a broad swath of President Donald Trump’s agenda, after the legislation was passed by the Senate in the early hours of Saturday morning.

‘More than a year ago, the House began discussing the components of a reconciliation package that will reduce the deficit, secure our border, keep taxes low for families and job creators, reestablish American energy dominance, restore peace through strength, and make government more efficient and accountable to the American people. We are now one step closer to achieving those goals,’ Speaker Mike Johnson, R-La., and his top lieutenants wrote to House Republicans.

‘Today, the Senate passed its version of the budget resolution. Next week, the House will consider the Senate amendment.’

Congressional Republicans are pushing a conservative policy overhaul via the budget reconciliation process. Traditionally used when one party holds all three branches of government, reconciliation lowers the Senate’s threshold for passage on certain fiscal measures from 60 votes to 51.

As a result, it’s been used to pass sweeping policy changes in one or two massive pieces of legislation.

Senate Republicans passed a framework for a reconciliation bill just after 2 a.m. ET on Saturday, after hours of debate and votes on amendments to the measure.

It’s similar to the version House Republicans passed in late February; but mechanisms the Senate used to avoid factoring in the cost of extending Trump’s 2017-era tax cuts as well as a lower baseline for required federal spending cuts has some House conservatives warning they could oppose the bill.

The Senate’s version calls for at least $4 billion in spending cuts, while the House’s version mandates a floor of $1.5 trillion to $2 trillion.

Both bills also include Trump priorities on border security, energy, and new tax policies like eliminating penalties on tipped and overtime wages.

‘If the Senate’s ‘Jekyll and Hyde’ budget is put on the House floor, I will vote no,’ Rep. Chip Roy, R-Texas, wrote on X.

‘In the classic ways of Washington, the Senate’s budget presents a fantastic top-line message – that we should return spending back to the pre-COVID trajectory (modified for higher interest, Medicare, and Social Security) of $6.5 Trillion, rather than the current trajectory of over $7 Trillion – but has ZERO enforcement to achieve it, and plenty of signals it is designed purposefully NOT to achieve it.’

But House GOP leaders insist that the Senate’s passage of its framework simply allows the House to begin working on its version of the bill passed in February – and that it does not impede their process in any way.

‘The Senate amendment as passed makes NO CHANGES to the House reconciliation instructions that we voted for just weeks ago. Although the Senate chose to take a different approach on its instructions, the amended resolution in NO WAY prevents us from achieving our goals in the final reconciliation bill,’ the letter said.

‘We have and will continue to make it clear in all discussions with the Senate and the White House that—in order to secure House passage—the final reconciliation bill must include historic spending reductions while protecting essential programs.’

House GOP leaders have pointed out that passing a framework is just the first step in a long process, one that just lays out broad instructions for how money should be spent.

Now that similar frameworks have passed the House and Senate, the relevant congressional committees will work out how to achieve the final reconciliation policy goals under their given jurisdictions.

‘We have made it clear the House will NOT accept nor participate in an ‘us versus them’ process resulting in a take it or leave it proposition from the Senate,’ House leaders warned.

‘Immediately following House adoption of the budget resolution, our House and Senate committees will begin preparing together their respective titles of the reconciliation bill to be marked up in the next work period.’

The letter reiterated Johnson’s earlier goal of having a bill on Trump’s desk by the end of May.

House Budget Committee Chairman Jodey Arrington, R-Texas, called the Senate’s resolution ‘unserious and disappointing,’ noting it only mandated $4 billion in ‘enforceable cuts.’

He vowed to work with congressional leaders to find the best path forward, however.

‘I am committed to working with President Trump, House leadership, and my Senate counterparts to address these concerns and ensure the final reconciliation bill makes America safe, prosperous, and fiscally responsible again,’ Arrington said.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
LA man found guilty of scamming investors, Hollywood stars out of over $20 million to fuel lavish lifestyle
next post
Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s

related articles

Trump turns to Musk amid Iran blackout, rekindling...

January 12, 2026

In 2026, energy war’s new front is AI,...

January 12, 2026

Trump declares himself Venezuela’s ‘acting president’ in online...

January 12, 2026

Iran’s Khamenei issues direct warning to United States...

January 12, 2026

Trump’s Greenland push escalates as GOP lawmaker moves...

January 12, 2026

US hostages in Iran face heightened risk as...

January 12, 2026

GOP eyes Venezuela’s untapped oil wealth as Democrats...

January 12, 2026

Republican senator vows to block Trump Fed nominee...

January 12, 2026

DHS funding threatened as Congress rolls out $80B...

January 12, 2026

Inside the lightning US strike that overwhelmed Venezuela’s...

January 12, 2026
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 pulls security clearance of 51 national security officials

    January 21, 2025
  • Nike pushes back Skims launch with Kim Kardashian due to production delays

    June 19, 2025
  • Biden finalizes crackdown on US military tech investments in China with one week to lame duck session

    October 31, 2024
  • Pam Bondi threatens prosecution amid DOGE’s findings about fraud: ‘We’re coming after you’

    March 25, 2025
  • Biden says he’s leaving Trump ‘strong hand to play,’ defends his record on Afghanistan

    January 13, 2025

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

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,420)
  • Investing (814)
  • Stock (965)

Latest Posts

  • Meta layoffs: workers challenge Zuckerberg’s ‘low performer’ justification

    February 12, 2025
  • Trump’s political advisers huddle with House GOP over rebranding of the big beautiful bill

    September 3, 2025
  • Trump learns how to fend off the Chinese threat like he is reading Sun Tzu

    November 3, 2025

Recent Posts

  • Newsom and Harris both position themselves as potential 2028 White House contenders

    October 27, 2025
  • USDCAD AND USDCNH: USDCNH retreated to a new low

    August 6, 2024
  • Nigel Farage responds after Elon Musk declares he ‘doesn’t have what it takes’ to lead Reform UK Party

    January 6, 2025

Editor’s Pick

  • Fetterman hails Rubio as ‘strong choice’ for secretary of state, says he will vote to confirm him

    November 12, 2024
  • Speaker Johnson surprised by Musk’s criticism of ‘big, beautiful bill’: He’s ‘flat wrong’

    June 4, 2025
  • President Trump can stop Iran’s march to nuclear weapons: ‘re-establish credible military threat’, report says

    February 19, 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