Senate, debt ceiling
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Washington Examiner |
Senate Majority Whip John Barrasso (R-WY) revealed that Trump was supportive of handling the debt ceiling as part of reconciliation, a legislative process that allows Republicans to sidestep the fili...
Los Angeles Daily News |
Republican senators are meeting Wednesday morning with President Donald Trump at the White House as they push ahead on his big bill of tax breaks and spending cuts while delaying some of the most dif...
CNN |
The Senate’s version, meanwhile, calls for $4 billion in cuts – although senators argue they set a lower marker to allow for maximum flexibility under strict Senate rules that govern the process.
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The House and Senate are a long way from approving President Donald Trump’s "big, beautiful bill" to cut spending and slash taxes. But the next step unfolds over the next 48 hours.
The Senate's plan would make the 2017 tax cuts permanent and allow for an additional $1.5 trillion in tax cuts, leaving room for Trump's plans to eliminate taxes on tips and overtime and the administration's other tax priorities.
A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in order to pass President Trump’s domestic agenda. The 70-page
The latest proposal combines key components of the House and Senate blueprints, with GOP leaders hoping to advance the instructions before adjourning for Easter recess.
The Senate voted 52-48 to begin debate on a multitrillion-dollar plan that would cut taxes, boost spending for immigration enforcement and the military and raise the debt limit.
Senate fiscal hawks are making a steep set of demands in negotiations over the debt ceiling, driving an even harder bargain than House conservatives.
Senate Republicans moved ahead of the House to propose a $5 trillion increase to the debt limit and make 2017 federal tax cuts permanent.