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

Trump’s ‘big, beautiful bill’ heads to House-wide vote after key committee victory

by May 22, 2025
written by May 22, 2025

President Donald Trump’s ‘big, beautiful bill’ could be headed for a House-wide vote as soon as Wednesday night after its approval by a key committee in an 8-4 vote.

The House Rules Committee, the gatekeeper for most legislation before it gets to the full chamber, first met at 1 a.m. Wednesday to advance the massive bill in time for Speaker Mike Johnson’s Memorial Day deadline for sending it to the Senate.

The panel adjourned shortly before 11 p.m. Wednesday after all four Democrats voted against the measure and all present Republicans voted for it. Rep. Chip Roy, R-Texas, was the lone lawmaker to miss the vote.

Proceedings crept on for hours as Democrats on the committee repeatedly accursed Republicans of trying to move the bill ‘in the dead of night’ and of trying to raise costs for working class families at the expense of the wealthy.

Democratic lawmakers also dragged out the process with dozens of amendments that stretched from early Tuesday well into Wednesday.

Republicans, meanwhile, contended the bill is aimed at boosting small businesses, farmers, and low- and middle-income families, while reducing waste, fraud, and abuse in the government safety net.

In a sign of the meeting’s high stakes, Johnson, R-La., himself visited with committee Republicans shortly before 1 a.m. and then again just after sunrise.

But the committee kicked off its meeting to advance the bill with several key outstanding issues – blue state Republicans pushing for a raise in state and local tax (SALT) deduction caps, and conservatives demanding stricter work requirement rules for Medicaid as well as a full repeal of green energy subsidies granted in former President Joe Biden’s Inflation Reduction Act (IRA).

A long-awaited amendment to the legislation aimed at fixing those issues debuted around 9 p.m. on Wednesday evening.

The amendment would speed up the implementation of Medicaid work requirements for certain able-bodied recipients from 2029 to December 2026, and award states that did not follow Obamacare-era expansion plans with more federal dollars.

It would also end a host of green energy tax subsidies by 2028 if they did not demonstrate relatively quick return on investment.

Democrats, meanwhile, accused Republicans of hastily trying to change the legislation without proper notice.

Johnson told Fox News Digital during his Wednesday 1 a.m. that he was ‘very close’ to a deal with divided House GOP factions.

Returning from that meeting, Johnson signaled the House would press ahead with its vote either late Wednesday or early Thursday.

But the legislation’s passage through the House Rules Committee does not necessarily mean it will fare well in a House-wide vote.

A pair of House Rules Committee members, Roy and Rep. Ralph Norman, R-S.C., and were two of the conservative House Freedom Caucus members who had called for the House-wide vote to be delayed on Wednesday.

Meanwhile, the White House bore down hard on those rebels, demanding a vote ‘immediately’ in an official statement of policy that backed the House GOP bill.

Several of those fiscal hawks were more optimistic after a meeting at the White House with Trump and Johnson, however.

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.

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 and Senate by the Fourth of July.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’
next post
WATCH: Rubio on Dems saying they regret voting for him: ‘Confirmation I’m doing a good job’

related articles

Justice Barrett opens up about ‘awkward’ start on...

September 5, 2025

DAVID MARCUS: RFK Jr is right, nobody knows...

September 5, 2025

Trump trashes Nadler on heels of Dem’s House...

September 5, 2025

DOJ task force finds ‘numerous instances’ of anti-Christian...

September 5, 2025

House Republicans split with Trump team over ‘very...

September 5, 2025

‘Delusional’: Oversight Republicans slam ex-Biden aide for lashing...

September 5, 2025

Venezuelan military jets buzz US Navy ship in...

September 5, 2025

Trump’s midterm convention is the seismic shift that...

September 5, 2025

Republican doctors clash with RFK Jr over vaccines...

September 5, 2025

Trump admin urges Supreme Court to allow president...

September 5, 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

  • SafeMoon and LItecoin: SafeMoon tests new weekly support

    July 31, 2024
  • Trump picks former intel director John Ratcliffe to head the CIA

    November 13, 2024
  • As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

    July 2, 2025
  • Capital One acknowledges ‘outage’ as users report issues accessing deposits

    January 16, 2025
  • Trump-backed bill to stop ‘rogue’ judges passes House

    April 10, 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

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

    July 19, 2024
  • 3

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

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,925)
  • Investing (634)
  • Stock (922)

Latest Posts

  • A US judge partially blocked Trump’s election integrity order from taking force. Is that legal?

    May 2, 2025
  • Trading Economics: Understanding the Financial Markets 

    July 24, 2024
  • Rubio, in Europe, says US has to ‘reset the global order of trade’ and Trump is ‘absolutely right to do it’

    April 4, 2025

Recent Posts

  • Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

    April 11, 2025
  • DAVID MARCUS: Sorry Kamala, voters aren’t buying your Trump Hail Mary

    October 20, 2024
  • Walz silent on support for eliminating Electoral College after Harris camp says it doesn’t back ban

    October 10, 2024

Editor’s Pick

  • Reporter’s Notebook: How the House is technically done with the ‘big, beautiful bill’

    June 10, 2025
  • Trump ally floated as possible AG has harsh warning for Letitia James: ‘We will put your fat a– in prison’

    November 8, 2024
  • Republican military vets in Congress are on a mission to get Hegseth confirmed

    December 11, 2024
  • 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