Wednesday, February 26, 2025

Budget Resolution passed in House

House Passes Budget Resolution, Moving Trump 'Blueprint' to Senate

With a push from President Donald Trump, House Republicans sent a GOP budget blueprint to passage Tuesday, a step toward delivering his "big, beautiful bill" with $4.5 trillion in tax breaks and $2 trillion in spending cuts.

The narrow passage came despite a wall of opposition from Democrats.

House Speaker Mike Johnson had almost no votes to spare in his bare-bones GOP majority and was fighting on all fronts — against Democrats, uneasy rank-and-file Republicans and skeptical GOP senators — to advance the party's signature legislative package.

Trump was making calls to wayward GOP lawmakers and had invited Republicans to the White House.

The vote on Friday night, which initially appeared bound for a delay, was 217-215, with all Democrats opposed, and the outcome was in jeopardy until the gavel. Rep. Thomas Massie, R-Ky., wound up the lone GOP vote against.

Now let's see what the Senate will do about it.

Read about it...

3 comments:

Anonymous said...

Democrats oppose everything. What a miserable group

Anonymous said...

$2.5 Trillions increase in debt.

Lynn Anderson said...

Actually from Ways and Means--,
1 million new jobs created by small businesses if the 20 percent small business deduction is made permanent.
$150 billion in economic growth from permanent extension of the 20 percent small business deduction.
$284 billion of new economic growth from American manufacturers.
$50 billion in new investment in Opportunity Zones, which represent the poorest neighborhoods and communities in the country.

Key Policies from the Trump Tax Cuts Set to Expire if Congress Fails to Act:
6 million jobs will be lost if the tax cuts are not extended.
The average taxpayer would see a 22 percent tax hike if the Trump tax cuts expire.