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

Senate GOP pushes Trump budget framework through after marathon vote series

by April 5, 2025
by April 5, 2025

The Senate approved changes to the House’s budget resolution on Saturday after an hourslong series of amendment votes during which Democrats sought to put Republicans on record on issues like tariffs and the Department of Government Efficiency (DOGE). 

It passed mostly along party lines in a 51 to 48 vote.

The amended framework would raise the debt ceiling by up to $5 trillion within the reconciliation process, taking future leverage away from Senate Democrats. It would also make President Trump’s 2017 tax cuts permanent by using what’s called a current policy baseline that Budget Committee Chairman Lindsey Graham, R-S.C., decides.

The scoring tool essentially means the cost of making Trump’s tax cuts permanent would be factored at $0 because it extends current policy, rather than counting it as new dollars being added to the federal deficit.

Budget reconciliation lowers the vote threshold in the Senate from 60 to 51, which lets Republicans approve certain priorities with no Democrat support. 

Washington’s Republican trifecta thus sees reconciliation as a key tool for delivering on Trump agenda items. 

The Senate’s Friday night ‘vote-a-rama’ was triggered by the chamber agreeing to a motion to proceed to the budget resolution amendment on Thursday night. Nearly a day of debate followed before the vote series was initiated.

During this type of voting series, senators of both parties can introduce an unlimited number of amendments, and many get floor votes.

The budget would address border funding for the Trump administration as well as extend the hallmark tax cuts Trump passed in 2017. 

Initially, there was stark disagreement between Republicans in the House and Senate on how to organize a budget reconciliation resolution. The House GOP leaders preferred one bill with both the border and taxes included, while those in the Senate wanted to have two separate resolutions for them. 

But the House’s approach ultimately won out, with Trump supporting their plan. 

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Was Jackie Robinson a DEI Hire?
next post
Senate kicks off all-night ‘vote-a-rama’ as Democrats plan to press GOP on Trump, DOGE

Related Posts

Data Centers Aren’t the Only Reason Electricity Prices...

November 18, 2025

Are the Benefits of AI Worth the Risk...

November 18, 2025

Data Centers Aren’t the Only Reason Electricity Prices...

November 18, 2025

House Republicans say Dems twisting Epstein probe to...

November 18, 2025

China’s energy siege of Taiwan could cripple US...

November 18, 2025

War Department refocuses on AI, hypersonics and directed...

November 18, 2025

Epstein referenced Trump in private emails to Ghislaine...

November 18, 2025

Cruz keeps 2028 door open as speculation grows...

November 18, 2025

‘Radical Left’ shutdown message ignites firestorm as Democrats...

November 18, 2025

Pro-life pregnancy centers see client increase after Supreme...

November 18, 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

  • Data Centers Aren’t the Only Reason Electricity Prices Are Surging

    November 18, 2025
  • CSA Unveils Zigbee 4.0 and Suzi for Next-Gen Secure IoT

    November 18, 2025
  • Are the Benefits of AI Worth the Risk of ‘White-Collar Bloodbath’?

    November 18, 2025
  • Data Centers Aren’t the Only Reason Electricity Prices Are Surging

    November 18, 2025
  • Africa AI push grows as Cassava plans massive data centre expansion

    November 18, 2025
  • Databricks seeks new funding at valuation above $130B: report

    November 18, 2025

Editors’ Picks

  • 1

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

    March 26, 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

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

    February 20, 2025
  • 5

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

    February 25, 2025
  • 6

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

    March 1, 2025
  • 7

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

    March 1, 2025

Categories

  • Economy (3,260)
  • Editor's Pick (329)
  • Investing (185)
  • Stock (2,210)
  • 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

The Strategic Crypto Reserve Threatens to Repeat...

March 21, 2025

Jim Jordan pressed to subpoena climate group...

September 24, 2025

Federal appeals court upholds $83.3M E. Jean...

September 9, 2025