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

Trump budget bill in peril as warring House GOP factions threaten rebellion

by February 25, 2025
by February 25, 2025

House Republicans’ mammoth budget reconciliation bill is in peril on Monday evening with at least two GOP lawmakers threatening to vote against it.

House GOP leaders are hoping to hold a vote Tuesday on a vast bill advancing President Donald Trump’s priorities on the border, defense, taxes, and energy. 

But at least two House Republicans have said they oppose the legislation – and the GOP’s razor-thin margins mean Speaker Mike Johnson, R-La., can only afford one defector to still pass anything along party lines, if all Democratic lawmakers are present.

Rep. Tim Burchett, R-Tenn., told reporters he was against the bill on Monday, the day after Rep. Victoria Spartz, R-Ind., said she was also opposed. Both said they are seeking assurances that Congress is sufficiently committed to cutting government over-spending.

Meanwhile, a group of GOP lawmakers in less ruby-red districts are still undecided over potentially severe cuts to Medicaid and other federal programs to offset the cost of Trump’s priorities.

Rep. Nicole Malliotakis, R-N.Y., told reporters there was ‘somewhere between six and 10’ House Republicans who needed more clarity on where spending cuts will fall.

‘If I don’t get answers, I’m not going to vote for it,’ Malliotakis said. ‘But if I can get some clarity and assurances, then you know, we’re moving a little bit more toward the ‘yes’ column.’

Malliotakis said on the way into Johnson’s office Monday that there was ‘a lot of seniors and people with disabilities’ in her district, ‘and I want to make sure they’re not gonna get harmed in this process.’

Rep. Juan Ciscomani, R-Ariz., who was also part of that meeting, called it ‘helpful’ but did not commit to supporting the bill.

Malliotakis and Rep. Tony Gonzales, R-Texas, also said they were still undecided when leaving the meeting.

Spartz is also expected to meet with Johnson at some point Monday to discuss her stance.

Burchett, however, told reporters he had no current plans to speak with Johnson about his opposition – but left room to be persuaded.

‘I would like to see a commitment that we’re going to go after [spending cuts],’ Burchett said. ‘When we say we’re decreasing the rate of growth, we’re still growing. And again, can we not just go back to pre-COVID spending levels?’

Rep. Thomas Massie, R-Ky., also signaled he was against the bill, writing on X, ‘If the Republican budget passes, the deficit gets worse, not better.’

House and Senate Republicans are aiming to use their majorities to pass a broad swath of Trump policies, from more border security funding to eliminating taxes on tipped and overtime wages, via the budget reconciliation process.

By leveling thresholds for passage in the House and Senate at a simple majority, reconciliation allows the party in power to pass fiscal legislation without any support from the opposing side. The Senate has a two-thirds majority threshold to advance most measures. 

The bill aims to increase spending on border security, the judiciary and defense by roughly $300 billion, while seeking at least $1.5 trillion to $2 trillion in spending cuts elsewhere.

As written, the bill also provides $4.5 trillion to extend Trump’s 2017 Tax Cuts and Jobs Act (TCJA) provisions, which expire at the end of this year.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump officials list 5 weekly accomplishments ahead of Musk midnight deadline
next post
eBay stock price forecast: will it rise or fall after earnings?

Related Posts

Entrepreneurs Take on the Funeral Monopoly: When Selling...

March 12, 2026

The Fed Has a Groupthink Problem. Warsh Can...

March 12, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 12, 2026

US diplomatic facility in Iraq struck by drone

March 12, 2026

171 million travelers face airport delays as Democrats’...

March 12, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 12, 2026

FDA launches new AI-powered system to track drug...

March 12, 2026

DAVID MARCUS: Sen Thune has no idea how...

March 12, 2026

Cornyn reverses on filibuster stance to push Trump’s...

March 12, 2026

Trump touts 5-0 sweep by endorsed candidates in...

March 12, 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

  • BlackRock doubles down on crypto with Ethereum staking ETF launch

    March 13, 2026
  • Nutrien stock slowly forms cup & handle as fertilizer prices rise

    March 13, 2026
  • Nvidia stock down over 2% today: why investors are booking profits

    March 13, 2026
  • Palantir still uses Anthropic’s Claude despite Pentagon blacklist

    March 13, 2026
  • Why Tesla stock is down around 3% today

    March 13, 2026
  • Analysts see these US chemical stocks gaining as Middle East conflict deepens

    March 13, 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 (4,440)
  • Editor's Pick (551)
  • Investing (691)
  • Stock (2,783)
  • 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

Trump slams Democrats for ‘shutting down’ government,...

October 7, 2025

Vance hails ‘days of destiny’ as VP...

October 23, 2025

Buy Now, Pay Later Is Just Credit,...

July 17, 2025