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

Several provisions fail to pass muster with Senate rules in ‘big, beautiful bill’

by June 21, 2025
written by June 21, 2025

Several provisions in the Senate GOP’s version of President Donald Trump’s ‘big, beautiful bill’ have run afoul of Senate rules and must be stripped if Republicans want to pass the package without the help of Democrats.

The bill is undergoing what’s called a ‘Byrd Bath,’ when the parliamentarian meticulously combs through each section of the mammoth bill to determine whether policies comport with the Senate’s Byrd Rule.

The point of the budget reconciliation process is to skirt the Senate filibuster and pass a massive, partisan legislative package. But if provisions are left in that fail the test, Senate Republicans will have to meet the typical 60-vote threshold. Provisions that don’t pass muster can still be appealed, however.

Senate Democrats vowed to use the Byrd Bath as a cudgel against the Senate GOP to inflict as much pain as possible and slow momentum as Republicans rush to put the colossal bill on Trump’s desk by July 4. 

Senate Majority Leader John Thune, R-S.D., could also overrule the parliamentarian but has remained adamant he would not attempt such a move. 

Senate Parliamentarian Elizabeth MacDonough scrutinized three chunks of the megabill from the Senate Banking, Environment and Public Works and Armed Services committees and found numerous policies that failed to meet the Byrd Rule’s requirements.

Among those was a provision that would have eliminated funding for a target of the GOP’s since its inception in 2008, the Consumer Financial Protection Bureau, which would have effectively eliminated the agency. Doing so also would have slashed $6.4 billion in spending.

Senate Banking Committee Chair Tim Scott, R-S.C., said in a statement he would ‘remain committed to cutting wasteful spending at the CFPB and will continue working with the Senate parliamentarian on the Committee’s provisions.’

Attempts to put guardrails on the $150 billion in Defense Department funding baked into the package also failed to pass muster. The language would have required that Pentagon officials outline how the money would be spent by a certain deadline or see the funding reduced.

Other provisions on the chopping block include language that cut $300 million from the Financial Research Fund and cut jobs and move the Public Company Accounting Oversight Board under the umbrella of the Securities and Exchange Commission, which would have saved roughly $773 million.

An attempt to change the pay schedule for Federal Reserve employees was also nixed, which would have saved about $1.4 billion.

Environmental standards and regulations set by the Biden-era Inflation Reduction Act were also determined to have run afoul of the Byrd Rule, including a repeal of tailpipe emissions standards for vehicles with a model year of 2027 and later. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
‘She’s wrong’: Trump says Tulsi Gabbard incorrect about Iran not having nuclear weapon capabilities
next post
Trump and Rubio secure Rwanda-Congo peace treaty amid Pakistan’s Nobel Prize nomination

related articles

GOP fractures over Hegseth’s ‘double-tap’ Caribbean strike as...

December 2, 2025

Trump lays out where he stands with Elon...

December 2, 2025

Hegseth erupts over WaPo ‘fake stories’ smear, vows...

December 2, 2025

Taxpayers on the hook for lawn care, fixing...

December 2, 2025

Experts dispute Nigerian government’s claims amid congressional probe...

December 2, 2025

Putin warns Russia ‘ready’ if Europe ‘suddenly wants...

December 2, 2025

Rosie O’Donnell says daughter blames Trump for forcing...

December 2, 2025

Johnson points to Obama-era drone precedent as Congress...

December 2, 2025

Justice Department considers pursuing new indictments against James...

December 2, 2025

Trump highlights comments by ‘Obama sycophant’ Eric Holder,...

December 2, 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

  • Fisker (FSR) Stock: Struggles, Surprises, and the Road Ahead

    September 2, 2024
  • Ohio Democrat Sen. Sherrod Brown urges Biden to end campaign

    July 19, 2024
  • Putin threatens war with NATO as Russian military aircraft spotted off Alaska

    September 13, 2024
  • Trump caps week with Ryder Cup appearance after UN speech, Zelenskyy meeting

    September 27, 2025
  • Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

    July 18, 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 (6,935)
  • Investing (634)
  • Stock (958)

Latest Posts

  • Sen Cotton says Biden-Harris likely prolonged Gaza war, let aid go to terrorists: ‘Betrayed’ taxpayers

    October 16, 2024
  • Lasers, space radars, missile interceptors: Defense leaders lay out vision for Trump’s ‘Golden Dome’ project

    March 23, 2025
  • FTC opens broad antitrust investigation into Microsoft

    November 29, 2024

Recent Posts

  • Huckabee hits back at Western countries that ‘side’ with terror group Hamas

    July 22, 2025
  • Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

    September 27, 2025
  • Trump files emergency petition to Supreme Court to prevent sentencing in NY v. Trump

    January 8, 2025

Editor’s Pick

  • MARK HALPERIN: Four people who helped drive Trump’s GOAT comeback

    November 12, 2024
  • Biden’s Cabinet condemns attempted assassination of former President Trump

    July 15, 2024
  • Israeli president calls Trump a ‘true friend’ on Inauguration Day, praises his work to release hostages

    January 20, 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