• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Dem senator looks to hijack key Trump budget process with tariff challenge

by April 5, 2025
by April 5, 2025

: Sen. Jacky Rosen plans to introduce amendments ahead of Friday night’s ‘Vote-A-Rama’ that would roll back President Donald Trump’s tariffs on certain materials on key tourism partners, likely forcing her Republican colleagues to go on record defending the policy again. 

‘President Trump broke his promise to lower costs, and has enacted reckless tariffs that are jacking up prices even higher for hardworking Nevada families and harming my state’s tourism economy,’ Rosen, D-Nev., told Fox News Digital in an exclusive statement. 

‘Donald Trump may not care if his tariffs raise prices, but I do, and that’s why I’m trying to stop his new national sales tax. Every senator should be on the record: Do you stand with America’s working families who need financial relief, or do you stand with Trump in giving his billionaire buddies even more tax giveaways?’ 

The Nevada Democrat’s amendments include one to stop the administration from levying tariffs on critical construction materials for building houses, and one that would bar Trump from putting across-the-board tariffs on countries with many who visit the U.S.

‘I’ve already heard from Nevadans and Nevada business owners who are worried about how these new tariffs will impact their businesses and livelihoods, including the founder of a small business in Reno. They wrote to me saying, quote, ‘We maintain a small production facility in Reno . . . these duties will force us to raise retail prices by 37 percent, and we don’t believe our customers will accept that. This policy could wipe us out entirely,” Rosen said during her debate time on the floor on Friday.

‘They go on to say, quote, ‘I’m not asking for a favor. I’m asking for leadership that reflects the urgency and reality we face. These tariffs do not bring jobs back. They raise prices, punish small businesses, and put livelihoods at risk, all while making it harder for companies like mine to do what we’ve done for 13 years: create jobs, innovate, and support our families,’’ she went on.

On Thursday, Republicans agreed to a motion that kicked off roughly a day’s worth of debate, before the ‘vote-a-rama’ begins. 

A marathon of amendment votes is now expected to take place at some point on Friday after the debate ends. 

During this process, senators can introduce an unlimited number of amendments, and many are expected to get floor votes. 

The ‘vote-a-rama’ marks movement on Trump’s budget for border funding and extending his hallmark 2017 tax cuts, which Republicans in Congress have long been pursuing. This week, the Senate released its changes to the House’s budget reconciliation resolution, taking a big step forward. 

This amendment to the resolution will get a Senate vote at the end of the ‘vote-a-rama.’ 

The expected budget vote comes after months of disagreement between Republicans in the House and Senate, the former of which sought a reconciliation bill to tackle both the border and taxes, while many in the Senate wanted to split it into two bills. 

Ultimately, House Republicans got what they wanted in a one-bill approach, which Trump blessed. 

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Sec Hegseth to visit Panama after Trump’s demands for canal’s return
next post
FBI Director Patel leads charge to root out Chinese influence on US soil

Related Posts

Former FBI Director James Comey meets with Secret...

May 17, 2025

Biden struggles with words, key memories in leaked...

May 17, 2025

UN said to be stalling reforms in hopes...

May 17, 2025

Biden repeatedly says ‘I don’t remember’ regarding classified...

May 17, 2025

Biden’s autopen use questioned amid released audio from...

May 17, 2025

Biden admits keeping classified Afghanistan document ‘for posterity’s...

May 17, 2025

FLASHBACK: Biden shrugs off Hur report when pressed...

May 17, 2025

New Hur interview tapes detailing Mongolia trip shed...

May 17, 2025

Biden jokes ‘I’m a young man’ during interview...

May 17, 2025

Biden fails to remember when son Beau died...

May 17, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

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

Recent Posts

  • Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts

    May 17, 2025
  • Rich List 2025: UK billionaires decline for first time in years amid market turmoil

    May 17, 2025
  • Novo Nordisk CEO to step down as obesity drug competition intensifies

    May 17, 2025
  • Why this investment bank sees more than 30% upside on Meta

    May 17, 2025
  • Archer Aviation wins LA28 Olympics contract: is ACHR grossly undervalued?

    May 17, 2025
  • Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in

    May 17, 2025

Editors’ Picks

  • 1

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 6

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,133)
  • Editor's Pick (116)
  • Investing (155)
  • Stock (728)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

April’s Prices Rose, But Inflation Cooled Overall

May 13, 2025

JD Vance gears up to talk economic...

April 17, 2025

US Air Strikes on Iran: a Fool’s...

April 10, 2025