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Budget Reconciliation

All articles tagged with #budget reconciliation

politics13 hours ago

Johnson pushes a second party-line megabill as GOP battles ripple through Capitol

House Speaker Mike Johnson remains bullish about pursuing a second party-line budget reconciliation package, holding meetings with GOP leaders amid skepticism from some committee chairs. In parallel, Republicans push a DHS funding bill with explicit ICE body-camera funding, advance a stock-trading restrictions measure on party lines, and navigate a two-bill spending package through the House as floor chaos and defections threaten votes. Other stories include ongoing investigations into Slotkin and Hillary Clinton, talk of Venezuela war powers, and the possibility of shelving the Save Local Business Act amid a pro-labor revolt, all signaling a turbulent Capitol ahead of looming funding deadlines.

politics1 day ago

House GOP Unveils Major Budget-Reconciliation Framework to Cut Costs

The Republican Study Committee rolled out a marquee budget-reconciliation framework aimed at trimming about $1.6 trillion in government spending and lowering costs in housing, health care, and energy. It includes a new zero-to-low-down-payment mortgage option called Don payment, tax-advantaged health freedom accounts, and energy-permitting reforms, plus intentions to refill the strategic oil reserve with discounted Venezuelan oil. The plan signals broad GOP backing but faces skepticism from moderates and leadership about a clear path forward amid broader Capitol Hill debates and ongoing political tensions.

politics6 months ago

Senate Removes Regulation-Reducing Provisions from GOP Megabill

The Senate parliamentarian ruled that a GOP provision penalizing the Pentagon for transparency violations violates reconciliation rules, removing a key oversight tool, while other parts of the GOP megabill face similar procedural challenges, impacting defense, environmental, and financial provisions amid ongoing negotiations and political disputes.

politics6 months ago

Parliamentarian blocks key provisions in major GOP legislative efforts

Key provisions of the GOP's megabill faced rejection by the Senate parliamentarian for violating budget rules, leading to potential revisions. The bill includes contentious measures on infrastructure, environmental regulations, defense funding, and social programs, with ongoing negotiations and political tensions among Republicans and Democrats. Additional developments involve a House resolution on LA riots, a police investigation into a road rage incident involving Rep. Max Miller, and GOP debates over Medicaid and border security funding. The legislative process remains complex, with procedural hurdles and intra-party disagreements shaping the bill's future.

politics6 months ago

Parliamentarian Blocks Key Provisions in Major Legislation

The Senate parliamentarian ruled that several key provisions of Tim Scott's proposed GOP bill violate budget reconciliation rules, forcing revisions. The bill aims to cut government waste but faces opposition from Democrats and internal GOP disagreements over specific policies, including healthcare, environmental, and fiscal measures. The outcome of these rulings will significantly impact the bill's content and passage prospects.

politics7 months ago

Senate Unveils Key Texts and Benefits of Major Legislation

Senate Finance Committee Chairman Mike Crapo released the legislative text for a Republican budget reconciliation bill aimed at preventing over $4 trillion in tax hikes, making the 2017 Trump tax cuts permanent, providing tax relief to middle-class families, promoting domestic investment, and reducing Green New Deal spending while targeting waste and fraud.

politics7 months ago

House Republicans Push Back on Clean Energy and Tax Credit Changes

House Majority Whip Tom Emmer expressed confidence that the House will pass a significant spending and tax reform bill, emphasizing its alignment with President Trump's priorities and the importance of completing the first major legislative package before considering additional bills, despite ongoing disputes and concerns from some senators.