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

Several provisions fail to pass muster with Senate rules in ‘big, beautiful bill’

by June 21, 2025
by June 21, 2025

Several provisions in the Senate GOP’s version of President Donald Trump’s ‘big, beautiful bill’ have run afoul of Senate rules and must be stripped if Republicans want to pass the package without the help of Democrats.

The bill is undergoing what’s called a ‘Byrd Bath,’ when the parliamentarian meticulously combs through each section of the mammoth bill to determine whether policies comport with the Senate’s Byrd Rule.

The point of the budget reconciliation process is to skirt the Senate filibuster and pass a massive, partisan legislative package. But if provisions are left in that fail the test, Senate Republicans will have to meet the typical 60-vote threshold. Provisions that don’t pass muster can still be appealed, however.

Senate Democrats vowed to use the Byrd Bath as a cudgel against the Senate GOP to inflict as much pain as possible and slow momentum as Republicans rush to put the colossal bill on Trump’s desk by July 4. 

Senate Majority Leader John Thune, R-S.D., could also overrule the parliamentarian but has remained adamant he would not attempt such a move. 

Senate Parliamentarian Elizabeth MacDonough scrutinized three chunks of the megabill from the Senate Banking, Environment and Public Works and Armed Services committees and found numerous policies that failed to meet the Byrd Rule’s requirements.

Among those was a provision that would have eliminated funding for a target of the GOP’s since its inception in 2008, the Consumer Financial Protection Bureau, which would have effectively eliminated the agency. Doing so also would have slashed $6.4 billion in spending.

Senate Banking Committee Chair Tim Scott, R-S.C., said in a statement he would ‘remain committed to cutting wasteful spending at the CFPB and will continue working with the Senate parliamentarian on the Committee’s provisions.’

Attempts to put guardrails on the $150 billion in Defense Department funding baked into the package also failed to pass muster. The language would have required that Pentagon officials outline how the money would be spent by a certain deadline or see the funding reduced.

Other provisions on the chopping block include language that cut $300 million from the Financial Research Fund and cut jobs and move the Public Company Accounting Oversight Board under the umbrella of the Securities and Exchange Commission, which would have saved roughly $773 million.

An attempt to change the pay schedule for Federal Reserve employees was also nixed, which would have saved about $1.4 billion.

Environmental standards and regulations set by the Biden-era Inflation Reduction Act were also determined to have run afoul of the Byrd Rule, including a repeal of tailpipe emissions standards for vehicles with a model year of 2027 and later. 

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Business Conditions Monthly April 2025
next post
State Department says it has provided guidance to more than 25,000 people in Israel, West Bank and Iran

Related Posts

Worries Spread in Private Credit Markets

March 4, 2026

California’s Age-Verification Law Is a Civil Liberties Test

March 4, 2026

WATCH: Clintons sharply divided on Trump testimony in...

March 4, 2026

Top Israeli military official reveals operation against Iran...

March 4, 2026

As Iran’s leadership shifts amid war, Hezbollah moves...

March 4, 2026

Nancy Mace to force vote targeting fellow GOP...

March 4, 2026

Trump says ‘losers’ Schumer, Dems would have criticized...

March 4, 2026

Trump exploring backing militias in Iran to topple...

March 4, 2026

Trump says he might have ‘forced Israel’s hand’...

March 4, 2026

Iran’s senior clerics ‘exposed’ after building strike in...

March 4, 2026

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

  • TCA Members Confirm Acceleration of Global eSIM Growth in 2025

    March 4, 2026
  • MultiTech Launches Geneva Edge Platform and LTE Cat 1bis Modem

    March 4, 2026
  • SIMPL Launches 5G-Ready EverSIM for Global IoT

    March 4, 2026
  • AT&T Business Collaborating with Geoforce to provide Industrial Asset Tracking

    March 4, 2026
  • Huawei’s Yang Chaobin on 5G-A, AI and Inclusive Connectivity

    March 4, 2026
  • 5G Killer App: Precise Location Without GPS

    March 4, 2026

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

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

    February 23, 2025
  • 3

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

    February 21, 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

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

    February 20, 2025
  • ‘The Value of Others’ Isn’t Especially Valuable

    April 17, 2025
  • 7

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

    March 1, 2025

Categories

  • Economy (4,343)
  • Editor's Pick (523)
  • Investing (574)
  • Stock (2,747)
  • 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

María Oropeza’s Brutal Capture Shows Gen Z...

August 14, 2025

Thune blasts Jeffries, Schumer as ‘afraid of...

February 5, 2026

JD Vance takes shot at Harris as...

March 21, 2025