The Financial Comet
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Financial Comet

Politics

Republicans charge ahead on Trump budget, setting up marathon Senate votes

by admin April 4, 2025
April 4, 2025
Republicans charge ahead on Trump budget, setting up marathon Senate votes

Senate Republicans cleared the way on Thursday for an eventual vote on the latest version of a budget to push through several key agenda items for President Trump, including the southern border and extending his 2017 tax cuts. 

A motion to proceed was agreed to in the upper chamber just one day after Senate Budget Committee Chairman Lindsey Graham unveiled the Senate’s amendment to the House’s budget plan. 

The Senate agreed to the motion by a vote of 52 to 48, along party lines. The only exception was Sen. Rand Paul, R-Ky., who voted against it. Paul has criticized the budget framework’s provision on the debt ceiling. 

The changes made by the Senate include raising the debt ceiling by up to $5 trillion and making Trump’s tax cuts permanent by using what’s known as a current policy baseline, as determined by the chairman. 

The Thursday motion kicks off roughly a day’s worth of debate, before a ‘vote-a-rama’ begins. The marathon amendment votes are expected to take place at some point on Friday afternoon or evening after debate concludes. 

During a vote-a-rama, senators are able to introduce an unlimited number of amendments, and many are expected to get floor votes. 

After the amended budget resolution passes in the Senate, which it is expected to do at some point on Saturday, the House will need to take it up again. 

This is a significant step forward for Republicans in their quest to get Trump’s priorities done through the budget reconciliation process. This key budget process lowers the vote threshold in the Senate from 60 to 51, allowing the GOP to pass things without support from their Democrat counterparts. Reconciliation is considered a key tool for the Republican trifecta in Washington to get Trump’s policies passed. 

Early on, Republicans in the House and Senate were split on how to organize the key resolution. House Republican leaders largely preferred doing one reconciliation bill that addressed both the border and tax cuts, while Senate Republicans wanted to separate the issues into two bills. 

Republicans in the lower chamber made it clear they would only accept one reconciliation bill that included border funding and tax cut extensions, as they have less room for dissent in their slim majority. 

Each chamber passed their preferred resolution, but Trump’s support for one bill on multiple occasions put the House’s strategy over the top. Senate Republicans themselves even described their resolution as a backup plan to the House’s. 

This post appeared first on FOX NEWS

previous post
Trump wants Musk to stay with administration, says DOGE found something ‘horrible’ today
next post
Here’s a closer look at Trump’s tariff plan: What to know about the new duties

Related Posts

Trump nominates Air Force Lt. Gen. Dan ‘Razin’...

February 22, 2025

Warren explains her applause to Trump’s ‘Pocahontas’ jab...

March 7, 2025

‘Too aggressive militarily’: Trump talks Hegseth’s role pardoning...

March 4, 2025

Who is Samantha Power? Meet the Biden-era USAID...

February 6, 2025

Trump’s ‘denuclearization’ suggestion with Russia and China: How...

February 3, 2025

Trump envoy doesn’t believe Putin wants to take...

March 24, 2025

Trump’s ‘shock and awe’: Forget first 100 days,...

January 23, 2025

Following key wins, Trump poised for cabinet completion...

February 23, 2025

Turkey’s Erdogan continues crackdown on protesters following arrest...

March 25, 2025

House Republicans continue Fani Willis investigation, requesting documents...

February 8, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


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

    Editors’ Picks

    • 1

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 2

      DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

      January 28, 2025
    • 3

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 4

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 5

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 27, 2025
    • 6

      UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing

      January 27, 2025
    • 7

      Coral bleaching on Australia’s Great Barrier Reef reaches ‘catastrophic’ levels, study finds

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thefinancialcomet.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 thefinancialcomet.com | All Rights Reserved