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

Pence group warns Senate not to rubber-stamp Trump’s ‘big, beautiful bill’

by June 12, 2025
written by June 12, 2025

Former Vice President Mike Pence’s conservative organization wants Republican senators to gut provisions from the ‘big, beautiful bill’ that could jeopardize the legislation’s survival in both chambers.

Advancing American Freedom, Pence’s organization that he founded in 2021, supports the House’s offering in the budget reconciliation process, and views it as the best move to prevent President Donald Trump’s first-term tax cuts from expiring. 

However, Chair Marc Short and President Tim Chapman called on the Senate GOP to make further refinements to the bill to ensure a better end product, in a letter to Senate Republicans first obtained by Fox News Digital. 

And some of those changes would see key provisions that helped move the president’s bill through the House stripped out.

The duo praised House Republicans for ‘hard-fought’ reforms to Medicaid, rolling back of certain provisions from the Biden administration’s Inflation Reduction Act, cuts to Planned Parenthood funding and the end of taxpayer dollars flowing to ‘dangerous sex change operations.’

But they believed the Senate GOP could further polish the House’s offering.

‘Even still, the Senate should build on the House’s hard work to perfect the One, Big, Beautiful Bill to deliver for the American people,’ they wrote.

Pence’s organization also called for further lowering the corporate tax rate, which was set at 21% by Trump’s first-term tax cut package, eliminating the state and local tax (SALT) deduction entirely, ending all Green New Deal subsidies, and gutting a proposed increase to the debt limit.

Some of the changes advocated for by Advancing American Freedom, like nixing the debt-limit language, could go a long way toward earning support from Sen. Rand Paul, R-Ky., who has vowed to vote against the bill if the debt-limit hike is left in.

But completely ending green subsidies could pose a problem for a cohort of Senate Republicans who have wanted to see the phase-out authored by House Republicans reworked. Doing away with the SALT deduction could hinder the bill, too.

Senate Republicans largely do not care about the increase to the SALT cap to $40,000 pushed for by blue-state Republicans in the House, given that no Republican senator represents a blue state. But House Republicans from New York, New Jersey and California have vowed to vote against the legislation if the cap is touched.

Congressional Republicans are using the budget reconciliation process to pass a sweeping bill advancing Trump’s agenda on taxes, immigration, energy, defense and the national debt. The main thrust of the colossal package is to extend or make permanent the president’s 2017 tax cuts, but lawmakers are also working to use it to bring down the national debt – nearing $37 trillion – with the aim of cutting $1.5 trillion in federal spending.

While leaders have warned to make as few changes as possible to the House’s offering, the Senate GOP intends to leave its mark on the package, particularly in trying to find steeper savings. Any seismic changes could jeopardize the bill’s survival in the House, where it narrowly passed on a 215 to 214 vote last month.

Short and Chapman noted that the ultimate goal of the package is to prevent Trump’s tax cuts from lapsing.

‘If Congress gets cold feet — or fails to send the package to the president’s desk — 
American households will suffer a $2,100 tax increase on average,’ they wrote.

‘[The One Big Beautiful Bill] not only defuses the looming tax bomb, it takes a first step toward entitlement reform, rebuilds the military, and ensures that our Border Patrol agents and Immigration and Customs Enforcement officers have the tools they need to secure the border and deport illegal aliens,’ they said. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Public opinion turns against Trump-backed tax and spending bill, new survey finds
next post
Trump scores major win as Senate installs IRS critic to lead the agency

related articles

FTC firings take spotlight in Trump’s fight to...

July 26, 2025

DAVID MARCUS: Zany Zohran endorsement is existential choice...

July 26, 2025

DNI Tulsi Gabbard declassified Trump-Russia docs: Here’s what...

July 26, 2025

Trump signs rescissions package, closes out week with...

July 26, 2025

CHARLIE KIRK: Republicans must seize Gen Z moment...

July 26, 2025

Europeans meet with Iranian officials face-to-face for first...

July 26, 2025

Trump’s executive order on birthright citizenship blocked by...

July 26, 2025

Michelle Obama portraitist’s exhibit with trans Statue of...

July 25, 2025

House Freedom Caucus conservative to enter race for...

July 25, 2025

Pelosi confident about Dems’ chances to win House,...

July 25, 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

  • Justice Alito’s warning about nationwide injunction ‘loophole’ looms over Trump cases

    July 3, 2025
  • The Supreme Court must bring gavel down on activist judges hamstringing President Trump

    February 20, 2025
  • Venezuelan President Nicolas Maduro claims election victory, refuses to publish results

    July 30, 2024
  • Oil and natural gas: Oil again above $75.00 on Friday

    October 7, 2024
  • Secret meeting between US, Israel, UAE held to discuss postwar plans for Gaza

    July 23, 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

    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

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,526)
  • Investing (634)
  • Stock (858)

Latest Posts

  • 6 US governors to open talks with Canadian provincial leaders on tariffs

    May 6, 2025
  • Gulf stock markets surge: Dubai leads with earnings boost as Fed rate cut speculation mounts

    July 23, 2024
  • Senate GOP campaign chair ‘concerned’ over fundraising disparity but predicts who will win majority

    September 6, 2024

Recent Posts

  • Trump flips border county that hasn’t voted for Republican in over 100 years with massive 76-point swing

    November 8, 2024
  • Biden admits keeping classified Afghanistan document ‘for posterity’s sake’ in leaked audio

    May 17, 2025
  • ‘Legacy of incompetence’: Comer unveils wide-ranging hearing on Biden-Harris ‘failed record’

    September 12, 2024

Editor’s Pick

  • Indian markets open: Nifty & Sensex poised for strong start, but trade war shadows remain

    April 11, 2025
  • MIRANDA DEVINE: We always knew Biden would pardon Hunter. It’s fitting president would break another promise

    December 2, 2024
  • FLASHBACK: Comey had another anti-Trump seashell photo moment during 2024 election

    May 16, 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