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

Republicans struggle with Trump’s mixed signals on ‘big, beautiful bill’

by May 15, 2025
written by May 15, 2025

It’s hard enough to know what you want. It’s even harder to know what others want. But what if what you want hinges on what somebody else wants…and they aren’t sure what they want?

Hence the conundrum now facing Congressional Republicans as they try to approve the ‘big, beautiful bill.’

GOPers are waiting for President Trump to push for very specific items to be in the bill – or fall by the wayside.

Congressional Republicans are aligned closely with the President and willing to bend to his wishes. But it complicates things when Trump calls for what he termed a ‘tiny’ tax increase for the super wealthy.

‘People would love to do it. Rich people. I would love to do it, frankly. Giving us something up top in order to make people in the middle income and the lower income brackets [have] more. So, it’s really a redistribution,’ said the president.

First, President Trump suggested a form of rations, limiting how many pencils kids need or how many dolls a little girl should have. That puzzled free marketeers in the GOP.

Now, to use his phrase, ‘redistribution.’

You understand how much heartburn this gives capitalists in Congress. But what’s worse is the mixed messaging.

When writing on Truth Social about creating a higher tax bracket for the wealthy, the president muddled his instructions for lawmakers:

‘Republicans should probably not do it, but I’m OK if they do!!!’ declared President Trump.

This exasperated Congressional Republicans who oppose raising any taxes – a long-held tenet of the Republican Party. 

In another political universe, taxing the wealthy would be – at best – a trial balloon. So, most Congressional Republicans decided it was time for this to pop.

‘No, we are not going to do tax increases,’ said Rep. Darrell Issa, R-Calif., on Fox Business.

‘We don’t want to raise taxes on anybody. I mean, we’re about lowering taxes on Americans,’ said Senate Majority Leader John Thune, R-S.D., on Fox.

But President Trump’s Republican Party is very different from the Reagan Republican Party. The GOP shifts to where Trump wants it. Just consider the approach to tariffs compared to free trade.

President Trump broadened the party’s base in the last election. The GOP is no longer dominated by big business, titans of commerce and the well-to-do. Part of the president’s appeal was the blue-collar coalition he cobbled together. And his fundamental economic message on taxes resonated with millions of voters. That’s why his top advisers say Trump is sticking to campaign promises.

‘President Trump has made it clear that he has his priorities, like no tax on tips. No tax on overtime. No tax on Social Security,’ said National Economic Council Director Kevin Hassett on Fox.

However, revenue generated from new taxes on the wealthy could help cover the cost of spending cuts.

‘We need to see what we need to do with the math to make sure that we are doing the country well fiscally and that we don’t just add to the debt,’ said Rep. Adrian Smith, R-Neb.

But Republicans are frustrated after House Speaker Mike Johnson, R-La., shrank the size of the tax cuts and spending reductions.

The tax breaks were supposed to be around $4.5 trillion at one point. They dwindled to $4 trillion. They were angling to lock in $2 trillion in tax cuts. They’re scaled back to $1.5 trillion.

‘Republicans talk a big game in campaigns,’ lamented House Budget Committee Chairman Jodey Arrington, R-Texas. ‘If we’re not able to bend the curve on mandatory spending, then we will send a very bad signal to the bond markets.’

But regardless of what’s in the package, the White House is expecting Congressional Republicans to ultimately vote yes on the ‘big, beautiful bill.’

‘The president has great political instincts. That’s why he’s back in the Oval Office,’ said White House spokeswoman Karoline Leavitt.

But that’s what Congressional Republicans found so vexing. The president may have great political instincts. But the marching orders were far from clear.

Trump conceded that a tax hike may be controversial politically.

Congressional Republicans suffer from political PTSD. They remember another Republican President who made one of the most famous political promises of all time. And then broke it.

‘No new taxes,’ intoned the late President George H.W. Bush in his address to a Joint Session of Congress in 1989.

But Bush famously reversed himself as part of a 1990 budget pact. That was not necessarily the reason ‘Bush 41’ lost reelection in 1992 to former President Clinton. And President Trump was sure enough to point that out on social media.

‘The Radical Left Democrat Lunatics would go around screaming, ‘Read my lips,’ the fabled Quote by George Bush the Elder that is said to have cost him the Election. NO, Ross Perot cost him the Election!’ wrote Trump.

The ‘Perot Effect’ certainly deprived George H.W. Bush of a second term more than breaking the ‘no new taxes’ promise. But that doesn’t mean that Republicans aren’t skittish about voting for tax increases.

And regardless, the legislative product that emerged from the Ways and Means Committee markup this week lacked the type of tax hike dangled by President Trump.

That said, Congressional Republicans certainly have their opinions about what they think of the developing ‘big, beautiful bill.’

‘A growing number of us, we don’t want smoke and mirrors. We want real cuts,’ said Rep. Ralph Norman, R-S.C. ‘$2 trillion (in cuts) is really a teardrop in the ocean.’

‘You’ve got front-loaded tax [cuts]. Backloaded spending restraint,’ groused Rep. Chip Roy, R-Texas. ‘Medicaid reforms and work requirements don’t kick in for four years.’

‘It’ll be ironic and sad in a way that conservatives will be voting for the largest increase in the debt ceiling,’ mused Sen. Rand Paul, R-Ky. ‘I have a feeling it’s going to be wimpy on the spending cuts and maybe a little wimpy on the taxes, too.’

So, at least some Republicans grasp what they want in the bill. And they’re willing to take direction from the president. That’s why clear direction from 1600 Pennsylvania Ave. will be key next week as the House tries to pass the measure.

Members will say they can’t vote for the bill because it has this or excludes that. But they just might be able to vote yea if President Trump knows what he wants – and makes that clear to lawmakers.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Gabbard moves presidential daily intelligence brief staff from CIA to ODNI
next post
5 new Uber features you should know — including a way to avoid surge pricing

related articles

Jim Caviezel starring in Bolsonaro biopic as son...

December 10, 2025

European talks reshape Ukraine’s peace plan as Zelenskyy...

December 9, 2025

Senate Republicans land on Obamacare fix, tee up...

December 9, 2025

As GOP political power hangs in the balance,...

December 9, 2025

China sharpens confrontation with Japan following reported radar...

December 9, 2025

Mamdani will introduce British antisemitism, taxes to US:...

December 9, 2025

GOP senator pitches ‘Black Friday’ Obamacare fix that...

December 9, 2025

Kamala Harris declares herself a ‘historic’ figure: ‘There...

December 9, 2025

Bipartisan lawmakers unveil Obamacare extension as pressure grows...

December 9, 2025

GOP lawmaker unveils bill to ensure fathers shoulder...

December 9, 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

  • How new professional sports leagues like SailGP are putting women at the fore

    March 20, 2025
  • DOGE targets Medicare agency, looking for fraud

    February 5, 2025
  • ‘This is the turning point:’ TPUSA says campus chapter requests surge over 54,000 after Kirk’s assassination

    September 17, 2025
  • Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year

    August 1, 2024
  • Senate advances NDAA, teeing up final passage for annual defense policy bill

    December 17, 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

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

    July 19, 2024
  • 3

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

    April 2, 2025
  • 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 (7,017)
  • Investing (654)
  • Stock (963)

Latest Posts

  • Meta’s head of AI research announces departure

    April 2, 2025
  • Five possible futures for Middle East from renaissance to rockets

    October 19, 2025
  • It’s official: Vice President Kamala Harris goes over the top and clinches Democratic presidential nomination

    August 2, 2024

Recent Posts

  • McDonald’s to extend $5 value meal in most U.S. markets as diners return to chain

    July 23, 2024
  • Senate to vote on contentious Arctic ambassador nominee with deep ties to China and Russia

    September 24, 2024
  • Who is Samantha Power? Meet the Biden-era USAID leader facing backlash amid Musk’s DOGE crackdown

    February 6, 2025

Editor’s Pick

  • Rapper who was pardoned had this to say about president in 2017

    May 29, 2025
  • FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

    June 3, 2025
  • RFK Jr. sworn in as Health and Human Services secretary

    February 14, 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