Top Investing Today
  • Investing
  • Politics
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Economy
  • Editor’s Pick
No Result
View All Result
Top Investing Today
No Result
View All Result
Home News

EXCLUSIVE: House Freedom Caucus chair urges Johnson to change course on Senate version of Trump budget bill

BoldThemes by BoldThemes
April 7, 2025
in News, Politics
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

House Freedom Caucus Chairman Andy Harris, R-Md., said he would oppose the Senate’s version of sweeping legislation to advance President Donald Trump’s agenda if it was voted on in his chamber this week.

‘At this point, I would vote against it,’ Harris told Fox News Digital in an interview on Monday morning.

He is also calling for the House and Senate to get to work on their own versions of the plan, after the latter passed an amended version of the former’s legislation in the early hours of Saturday morning.

The Maryland Republican, who leads the House GOP’s most conservative group, is the highest-ranking GOP lawmaker to come out against the legislation so far.

It comes as other fiscal hawks voice concerns about the Senate’s version of the legislation – specifically, that it mandates at least $4 billion in spending cuts, compared to $1.5 trillion to $2 trillion in the House.

‘I mean, if the Senate actually is able to deliver on meaningful deficit reduction, we could just pass the Senate amendments to the House budget resolution,’ Harris said.

‘But again, I’m not willing to do that until I see what the deficit reduction, the actual deficit reduction that the Senate has in mind, is.’

Congressional Republicans are working on a massive piece of legislation that Trump has dubbed ‘one big, beautiful bill’ to advance his agenda on border security, defense, energy and taxes.

They can pass such a measure 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.

The House’s framework passed in late February, and included some new funding for defense and border security, along with $4.5 trillion for extending Trump’s 2017 Tax Cuts and Jobs Act and implementing newer Trump proposals like no taxes on tipped wages.

The framework also called for between $1.5 trillion and $2 trillion in spending cuts, dependent on how much Trump’s tax policies would add to the national deficit – something that was key to winning support from deficit hawks.

It also raised the debt limit, something Trump has specifically asked Republicans to deal with, by $4 trillion. The Senate’s version would raise the debt limit by $5 trillion.

In a letter to House GOP colleagues on Sunday, House Speaker Mike Johnson, R-La., said lawmakers would vote on the Senate’s amended version this week. 

However, Johnson insisted that the Senate’s passage of its framework simply allows the House to begin working on its version of the bill passed in February – and that it does not impede their process in any way.

‘The Senate amendment as passed makes NO CHANGES to the House reconciliation instructions that we voted for just weeks ago. Although the Senate chose to take a different approach on its instructions, the amended resolution in NO WAY prevents us from achieving our goals in the final reconciliation bill,’ the letter said.

‘We have and will continue to make it clear in all discussions with the Senate and the White House that—in order to secure House passage—the final reconciliation bill must include historic spending reductions while protecting essential programs.’

Johnson’s office pointed back to the letter when reached for comment on Monday.

Passing a reconciliation framework, which merely outlines top-line spending figures, allows Congress to move on to the next step of actually crafting policy to accompany those top-lines.

However, conservatives like Harris have countered that they see no need to vote on the Senate’s version of the bill to begin work in the House.

‘They just think that we have to keep the train moving forward. But again, if we just begin to craft the actual reconciliation packages, that keeps the train moving forward as well,’ Harris said.

He left the door open to supporting the Senate’s work, despite ruling out support for its immediate offering.

‘I still think that we should just ask the Senate to begin crafting their reconciliation bill, and then if they deliver on their promise of deficit reduction, then I’m fine with their budget resolution,’ Harris said.

This post appeared first on FOX NEWS
Previous Post

Israel denies entry to two British lawmakers accused of planning to ‘spread anti-Israel hatred’

Next Post

DP Trading Room: Key Support Levels for the SPY

BoldThemes

BoldThemes

Next Post
DP Trading Room: Key Support Levels for the SPY

DP Trading Room: Key Support Levels for the SPY

  • Trending
  • Comments
  • Latest
The Connectivity Standards Alliance Product Security Working Group Launches the IoT Device Security Specification 1.0

The Connectivity Standards Alliance Product Security Working Group Launches the IoT Device Security Specification 1.0

March 19, 2024
Israel says UN ‘deceiving’ world over aid delays to Gaza

Israel says UN ‘deceiving’ world over aid delays to Gaza

March 28, 2024
Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

February 6, 2024
Gold and Silver Set to Smash Records: Could 2024 Be Their Biggest Year Yet?

Gold and Silver Set to Smash Records: Could 2024 Be Their Biggest Year Yet?

May 17, 2024

Department of Justice opens criminal investigation into NY AG Letitia James

0
Amid growing criticism of Biden foreign policy, experts credit wins while leaving room for improvement

Amid growing criticism of Biden foreign policy, experts credit wins while leaving room for improvement

0
Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

Conservative backlash to Israel aid bill could force Johnson to seek Democrat support again

0
Precision Manufacturing For Sensitive Equipment With CNC Machining

Precision Manufacturing For Sensitive Equipment With CNC Machining

0

Department of Justice opens criminal investigation into NY AG Letitia James

May 9, 2025

Trump’s first vice president urges his old boss against raising taxes on wealthy Americans

May 9, 2025

GOP talk on millionaire tax hike ‘makes no sense,’ Trump White House alum says

May 8, 2025

White House highlights over $2B in savings from DEI cuts during Trump administration’s first 100 days

May 8, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    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!

    Recent News

    Department of Justice opens criminal investigation into NY AG Letitia James

    May 9, 2025

    Trump’s first vice president urges his old boss against raising taxes on wealthy Americans

    May 9, 2025

    GOP talk on millionaire tax hike ‘makes no sense,’ Trump White House alum says

    May 8, 2025

    White House highlights over $2B in savings from DEI cuts during Trump administration’s first 100 days

    May 8, 2025
    • About Us
    • Privacy Policy
    • Terms & Conditions
    • Contact

    Copyright © 2024 Topinvestingtoday.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Politics
    • Stock
    • Economy
    • Editor’s Pick

    Copyright © 2024 Topinvestingtoday.com. All Rights Reserved.