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

Trump tax cuts survive key House hurdle as fiscal hawks threaten rebellion

by April 9, 2025
written by April 9, 2025

Legislation setting the stage for Republicans to pass a broad swath of President Donald Trump’s agenda survived an important hurdle on Wednesday afternoon.

House GOP lawmakers voted to allow for debate on the legislation, known as a ‘rule vote,’ a framework that serves as one of the first steps in the budget reconciliation process.

It’s still unclear whether House Republicans have enough support to pass the legislation itself, though GOP leaders have indicated they’re moving full steam ahead in a matter of hours.

‘I think we can get this job done. I understand the holdouts. I mean, their concerns are real. They really want to have true budget cuts and to change the debt trajectory that the country is on,’ Speaker Mike Johnson, R-La., told reporters ahead of the first vote..

The legislation advanced through the procedural hurdle in a narrow 216 to 215 vote, with three Republicans – Reps. Thomas Massie, R-Ky., Victoria Spartz, R-Ind., and Mike Turner, R-Ohio – voting with Democrats to block it.

Trump has directed Republicans to work on ‘one big, beautiful bill’ to advance his agenda on border security, defense, energy and taxes.

Such a measure is largely only possible via the budget reconciliation process. Traditionally used when one party controls all three branches of government, reconciliation lowers the Senate’s threshold for passage of certain fiscal measures from 60 votes to 51. As a result, it has been used to pass broad policy changes in one or two massive pieces of legislation.

Rule votes are traditionally not indicators of a bill’s final passage, and they generally fall along party lines. 

Several Republicans who voted to allow debate on the measure have said they will still oppose its final passage.

Passing frameworks in the House and Senate, which largely only include numbers indicating increases or decreases in funding, allows each chamber’s committees to then craft policy in line with those numbers under their specific jurisdictions. 

The House passed its own version of the reconciliation framework earlier this year, while the Senate passed an amended version last week. House GOP leaders now believe that voting on the Senate’s plan will allow Republicans to enter the next step of crafting policy.

But fiscal hawks have raised concerns about the differences in minimum mandatory spending cuts, which they hope will offset the cost of new federal investments and start a path to reducing the deficit.

The Senate’s version calls for at least $4 billion in spending cuts, while the House baseline begins at $1.5 trillion – a significant gap.

Conservatives have demanded extra guarantees from the Senate GOP that it is committed to pursuing deeper spending cuts in line with the House package.

‘They don’t have a plan that I’ve seen. So until I see that, I’m a no,’ Rep. Andy Ogles, R-Tenn., told Fox News Digital. 

Trump himself worked to persuade holdouts both in a smaller-scale White House meeting on Tuesday and in public remarks at the National Republican Congressional Committee (NRCC).

He also fired off multiple Truth Social posts pushing House Republicans to support the measure, even as conservatives argue it would not go far enough in fulfilling Trump’s agenda.

‘Republicans, it is more important now, than ever, that we pass THE ONE, BIG, BEAUTIFUL BILL. The USA will Soar like never before!!!’ one of the posts read.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
​​Hegseth says Panama agreed to allow US warships to travel ‘first and free’ through canal
next post
Supreme Court Chief Justice Roberts swoops in to save Trump firing decision

related articles

Top cops out: The attorney general firings and...

April 6, 2026

‘God is good’: Inside the high-risk US mission...

April 6, 2026

CENTCOM commander directed strike against an IRGC headquarters...

April 6, 2026

Trump touts airman rescue mission, boasts Iran could...

April 6, 2026

President Trump makes endorsement in California gubernatorial race:...

April 6, 2026

Iran war nears ‘completion’ as Trump eyes deadline...

April 6, 2026

Primary pause, political firestorm: High-stakes elections this month...

April 6, 2026

GOP races to pass ICE, Border Patrol funding...

April 6, 2026

Trump vows US will strike Iran’s power plants,...

April 5, 2026

Inside the daring rescue of airman behind enemy...

April 5, 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

  • Memorial service for assassinated Turning Point USA founder Charlie Kirk draws Trump, major GOP figures

    September 21, 2025
  • Air Force One turns around shortly after takeoff for Trump’s trip to Switzerland

    January 21, 2026
  • Fox News Power Rankings: Trump loses his edge as we brace again for post-debate impact

    September 12, 2024
  • Dem claims Trump wielding nuclear strike authority ‘should terrify you’ — then people point out the obvious

    December 13, 2024
  • Healthcare, economy and the ‘One Big, Beautiful Bill’: Welcome to the midterms

    January 2, 2026

Popular Posts

  • 1

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

    April 2, 2025
  • 2

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

    July 21, 2024
  • 3

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

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,492)
  • Investing (1,597)
  • Stock (1,016)

Latest Posts

  • Trump says US will deal ‘directly’ with Iran in high-level meeting on Saturday

    April 7, 2025
  • Trump pulls security clearance of 51 national security officials

    January 21, 2025
  • Pro-life pregnancy centers see client increase after Supreme Court decision: study

    November 17, 2025

Recent Posts

  • Judges delay Jan. 6 trials ahead of Trump inauguration

    November 15, 2024
  • California man to plead guilty to attempted assassination of Justice Kavanaugh

    April 2, 2025
  • Trump blasts ‘weakened’ Schumer as Democrats again block GOP effort to reopen government

    October 14, 2025

Editor’s Pick

  • FLASHBACK: Ted Cruz predicts ballooning Obamacare subsidies now at center of shutdown fight

    October 22, 2025
  • India-US trade deal explained in visuals: how tariffs fell from 50% to 18%

    February 3, 2026
  • Top agency staffer trying to block crucial Trump directive once managed DEI team

    March 26, 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