Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

GOP rebels mutiny against House leaders as Trump budget bill talks hit impasse

by February 11, 2025
February 11, 2025

The hard-line conservative House Freedom Caucus has released its own proposal to enact President Donald Trump’s agenda via the budget reconciliation process.

The plan would pair a debt ceiling increase and increased border security funding with deep spending cuts through welfare work requirements and rollbacks on progressive Biden administration initiatives.

It’s a sign that House GOP leaders have still not found consensus within the conference on a path forward, despite ambitious plans to get a bill through the chamber at the end of the month.

House and Senate Republicans are aiming to use their congressional majorities to pass a massive conservative policy overhaul via the budget reconciliation process.

By reducing the Senate’s threshold for passage from one-third to a simple majority, where the House already operates, Republicans will be able to enact Trump’s plans while entirely skirting Democratic opposition, provided the items included relate to budgetary and other fiscal matters.

GOP lawmakers want to include a wide swath of Trump priorities from more funding for border security to eliminating taxes on tipped and overtime wages.

But fiscal hawks have also demanded the package be deficit-neutral or deficit-reducing. Congressional leaders can afford little dissent with their razor-thin majorities and guaranteed lack of Democratic support.

The Freedom Caucus’s plan would follow through on conservatives’ pleas for deep spending cuts, pairing $200 billion in annual new spending for the border and national defense with $486 billion in spending cuts for the same 10-year period.

It would also include a $4 trillion increase in the debt ceiling, something Trump demanded be part of Republicans’ fiscal negotiations.

Spending cuts would be found in codifying rollbacks to the Biden administration’s electric vehicle mandates and imposing Clinton administration-era work requirements for certain federal benefits, among other measures.

The legislation leaves out one critical component of Trump’s reconciliation goals – the extension of his 2017-era Tax Cuts and Jobs Act.

House GOP leaders and Republicans on the Ways & Means Committee had pushed for them to be included alongside border security, debt ceiling, defense and energy measures in one massive reconciliation bill. 

They argued that leaving them for a second bill, which the House Freedom Caucus plan would do, will allow Trump’s tax cuts to expire at the end of this year before Congress has time to act.

The two-track approach is also favored by Senate Republicans, who are moving forward with their own plan this week.

Conservatives on the House Budget Committee pushed back against GOP leaders’ initial proposals for baseline spending cuts to offset new spending in the reconciliation plan, forcing the House to punt on plans to advance a resolution through the House Budget Committee last week.

Senate Budget Committee Chair Lindsey Graham, R-S.C., later announced plans to advance his own proposal through his committee by Thursday.

”The biggest loser this weekend wasn’t at the Super Bowl, but rather the American people,’ Rep. Andy Ogles, R-Tenn., told Fox News Digital. ‘The clock is ticking, and we are no closer to a budget deal, which is why the House Freedom Caucus released our Emergency Border Control Resolution Budget to secure our border and address Trump’s America First Agenda.’

House Freedom Caucus Chair Andy Harris, R-Md., said in a statement, ‘Given the current delay in the House on moving a comprehensive reconciliation bill, moving a smaller targeted bill now makes the most sense to deliver a win for the President and the American people.’

Rep. Michael Cloud, R-Texas, said, ‘The American people voted for Donald Trump to see action – not for Congress to sit on its hands while our short window to pass his America-First agenda closes.’

Supporters of the two-bill approach have said it would secure early wins on issues Republicans agree most on while leaving more complex matters like tax cuts for the latter half of the year.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
FBI must release Mar-a-Lago probe records despite Trump’s criminal immunity: judge
next post
Trump nominee Tulsi Gabbard clears last hurdle, heads for final confirmation vote

You may also like

Turkish lawmaker who suffered heart attack after saying...

December 15, 2023

Katy Perry Claims Her Weird Facial Spasm During...

October 31, 2022

VeepStakes: Rubio and Burgum informed they are not...

July 15, 2024

Can Harris use Biden’s campaign funds? And is...

July 23, 2024

Trump fans endure frigid temps, sleet and snow...

January 20, 2025

Comer probes NGOs that received $20B in Biden...

March 27, 2025

Gavin Newsom’s office fails to provide proof of...

April 14, 2023

DAVID MARCUS: Sorry Kamala, voters aren’t buying your...

October 20, 2024

Democrat unloads on Biden decision delaying takedown of...

February 10, 2023

Five biggest moments of Trump’s speech to RNC

July 19, 2024

Turkish lawmaker who suffered heart attack after saying...

December 15, 2023

Katy Perry Claims Her Weird Facial Spasm During...

October 31, 2022

VeepStakes: Rubio and Burgum informed they are not...

July 15, 2024

Can Harris use Biden’s campaign funds? And is...

July 23, 2024

Trump fans endure frigid temps, sleet and snow...

January 20, 2025

Comer probes NGOs that received $20B in Biden...

March 27, 2025

Gavin Newsom’s office fails to provide proof of...

April 14, 2023

DAVID MARCUS: Sorry Kamala, voters aren’t buying your...

October 20, 2024

Democrat unloads on Biden decision delaying takedown of...

February 10, 2023

Five biggest moments of Trump’s speech to RNC

July 19, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Expert speaks out on ‘perfect solution’ to federal hiring issues creating national security concerns

      June 4, 2025
    • UK steelmakers avoid immediate 50% US tariff, but face growing uncertainty as deal hangs in the balance

      June 4, 2025
    • Energy groups celebrate Trump’s latest move to unleash Alaska drilling

      June 4, 2025
    • GOP senators express ‘concerns,’ ‘skepticism’ over Trump’s spending bill after Musk rant

      June 3, 2025
    • S&P 500 Bullish Patterns: Are Higher Highs Ahead?

      June 3, 2025
    • Federal judge rules against Trump order halting sex change procedures in prisons

      June 3, 2025

    Categories

    • Business (8,130)
    • Investing (2,004)
    • Politics (15,498)
    • Stocks (3,124)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.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 futureretirementsuccess.com | All Rights Reserved