• Economy
  • Investing
  • Politics
  • Sports
  • Editor’s Pick
Market Gains Updates
Politics

Senate GOP pushes Trump budget framework through after marathon vote series

by April 5, 2025
by April 5, 2025

The Senate approved changes to the House’s budget resolution on Saturday after an hourslong series of amendment votes during which Democrats sought to put Republicans on record on issues like tariffs and the Department of Government Efficiency (DOGE). 

It passed mostly along party lines in a 51 to 48 vote.

The amended framework would raise the debt ceiling by up to $5 trillion within the reconciliation process, taking future leverage away from Senate Democrats. It would also make President Trump’s 2017 tax cuts permanent by using what’s called a current policy baseline that Budget Committee Chairman Lindsey Graham, R-S.C., decides.

The scoring tool essentially means the cost of making Trump’s tax cuts permanent would be factored at $0 because it extends current policy, rather than counting it as new dollars being added to the federal deficit.

Budget reconciliation lowers the vote threshold in the Senate from 60 to 51, which lets Republicans approve certain priorities with no Democrat support. 

Washington’s Republican trifecta thus sees reconciliation as a key tool for delivering on Trump agenda items. 

The Senate’s Friday night ‘vote-a-rama’ was triggered by the chamber agreeing to a motion to proceed to the budget resolution amendment on Thursday night. Nearly a day of debate followed before the vote series was initiated.

During this type of voting series, senators of both parties can introduce an unlimited number of amendments, and many get floor votes.

The budget would address border funding for the Trump administration as well as extend the hallmark tax cuts Trump passed in 2017. 

Initially, there was stark disagreement between Republicans in the House and Senate on how to organize a budget reconciliation resolution. The House GOP leaders preferred one bill with both the border and taxes included, while those in the Senate wanted to have two separate resolutions for them. 

But the House’s approach ultimately won out, with Trump supporting their plan. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
WATCH: Alex Ovechkin high-fives family after record-tying goal
next post
Sarah Strong smashes UConn freshman records in NCAA Tournament

You may also like

Senate Republican moves to give US an edge...

July 9, 2025

DOJ lands legal victory as federal judge allows...

July 9, 2025

State Department investigating Rubio AI impersonator who contacted...

July 9, 2025

GREGG JARRETT: CIA report makes it clear Trump...

July 9, 2025

Tariff case pits Cato Institute against Trump over...

July 9, 2025

Biden’s strange use of teleprompter in donor’s home...

July 9, 2025

Supreme Court lets Trump’s ‘wrecking ball’ federal job...

July 8, 2025

‘Who wouldn’t want it?’: Netanyahu open to receiving...

July 8, 2025

TikToker knocks Harris’ ‘weird’ take on never released...

July 8, 2025

Trump dishes on Milley clash over leaving military...

July 8, 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!

    Top News

    Boeing delivers most airplanes since late 2023 after...

    July 9, 2025

    Waymo offers teen accounts for driverless rides

    July 8, 2025

    Is a Chinese chain’s blood orange cold brew...

    July 7, 2025

    Is a Chinese chain’s blood orange cold brew...

    July 7, 2025

    Essence Fest leads a summer of events for...

    July 4, 2025

    • About us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 MarketGainsUpdates.com All Rights Reserved.

    Market Gains Updates
    • Economy
    • Investing
    • Politics
    • Sports
    • Editor’s Pick