Trump Endorses House GOP’s Budget Reconciliation Bill
President Donald Trump voiced his support for the House of Representatives GOP budget reconciliation plan on TruthSocial:
The House and Senate are doing a SPECTACULAR job of working together as one unified, and unbeatable, TEAM, however, unlike the Lindsey Graham version of the very important Legislation currently being discussed, the House Resolution implements my FULL America First Agenda, EVERYTHING, not just parts of it! We need both Chambers to pass the House Budget to “kickstart” the Reconciliation process, and move all of our priorities to the concept of, “ONE BIG BEAUTIFUL BILL.” It will, without question, MAKE AMERICA GREAT AGAIN!
Fox News confirmed the House GOP will bring it to the floor next week.
The 167 page bill promises to pop bloated bureaucracy, reverse former President Joe Biden’s spending spree, rein in runaway mandatory spending, cut waste & fraud in entitlement programs, and reignite growth and prosperity.
Some points from The Hill:
- $1.5 trillion floor for spending cuts across committees with a target of $2 trillion
- $4.5 trillion cap on the deficit impact of the Republicans’ plan to extend Trump’s 2017 tax cuts
- $300 billion in additional spending for the border and defense
- increases the debt limit by $4 trillion
Senate Majority Leader John Thune claimed the House GOP needed to increase spending “to accommodate President Donald Trump’s sweeping tax-cut agenda.”
Thune planned to bring the Senate bill to the floor. Don’t know if he will still do that.
The Senate GOP wanted to “pass a border, energy and defense bill and then come back later this year and try to pass a separate bill on tax cuts.”
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