• 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

Why a credit freeze isn’t the end of...

February 21, 2026

Trump torches ‘stupid’ AOC’s Munich showing, tees up...

February 21, 2026

DAVID MARCUS: To burnish Trump’s legacy, we need...

February 21, 2026

BROADCAST BIAS: Idea of giving politicians equal time...

February 21, 2026

Israelis keep suitcases packed and ready as Trump...

February 21, 2026

EPA scraps Biden coal restrictions, and advocates say...

February 21, 2026

CIA retracts, revises 19 past intelligence assessments deemed...

February 21, 2026

Trump signs off on 10% global tariff, criticizes...

February 21, 2026

EPA scraps Biden coal restrictions as advocates say...

February 21, 2026

RFK Jr defends Trump move to protect pesticide...

February 20, 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

  • DOJ seeks removal of Comey’s defense lawyer, citing conflict of interest

    October 20, 2025
  • Watchdog sounds alarm over potential noncitizen voting and foreign influence ahead of midterms

    January 30, 2026
  • Sen. Mike Lee warns Democrats would ‘Rule America uncontested for 100 years’ if they sweep 2024 elections

    November 4, 2024
  • TikTok to withdraw Lite Rewards program permanently from EU amid safety concerns

    August 5, 2024
  • Japan calls axis of China, Russia, North Korea the ‘gravest threat’ to global order since WWII

    July 16, 2025

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

    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 (8,023)
  • Investing (1,019)
  • Stock (979)

Latest Posts

  • ‘Dangerous’ order by liberal judge to rehire federal workers should go to SCOTUS, Trump says

    March 17, 2025
  • Federal judge strikes down Biden-era transgender regulation

    October 24, 2025
  • Bipartisan fury at CDC: Senators demand probe, reject vaccine guidance as illegitimate

    August 28, 2025

Recent Posts

  • Biden Speech Causes Emotional Farewell Amid Convention Chaos

    August 20, 2024
  • Is Nvidia in a ‘bubble’? Hedge fund Elliott raises concerns over AI investments

    August 2, 2024
  • RFK Jr cancels $500 million in mRNA research, HHS to prioritize ‘safer’ vaccine alternatives

    August 5, 2025

Editor’s Pick

  • Multiple outbursts erupt at RFK Jr hearing: ‘You are!’

    January 29, 2025
  • Complex partial seizure ruled as cause of pausing episode during House floor speech, Dem congressman says

    February 12, 2025
  • SafeMoon and Litecoin: Litecoin on a bullish run this week

    August 14, 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