Connect with us

Hi, what are you looking for?

Latest News

Speaker Johnson bullish on budget blueprint’s prospects

Speaker Mike Johnson said the House GOP budget resolution will advance out of the Budget Committee today with no Republican defections, despite protests from key hard-liners.

“I expect it to pass — unanimously,” Johnson told reporters as he entered the Capitol on Thursday.

After weeks of delays, the Budget panel is meeting later this morning to debate and vote on a budget blueprint necessary for unlocking the massive Trump agenda bill they’re trying to pass this year along party lines.

Fiscal hawks like Reps. Chip Roy of Texas, Ralph Norman of South Carolina and others on the panel are still demanding higher spending cuts, guarantees on work requirements for safety net programs and other additions they plan to raise during the Budget meeting today, which could stretch into the evening.

Those Republicans plan to offer another amendment today that they’ve negotiated with GOP leaders. It would seek to strengthen a provision in the budget resolution that would reduce the available funding for tax cuts if Republicans don’t hit $2 trillion in spending cuts. GOP leaders expect it to be adopted, Majority Leader Steve Scalise told reporters Thursday.

“This is the necessary first start to get it going,” Johnson said this morning.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Economy

    Galaxy Digital CEO Mike Novogratz recently highlighted a significant decline in Ethereum sentiment, describing it as “unbelievably bearish.” He attributes this downturn primarily to...

    Editor's Pick

    One-stop B2B e-commerce platform offers cross-border procurement solutions Advantech, a global leader in intelligent systems and edge computing solutions, announced the launch of its...

    Stock

    New Orleans is preparing for an estimated 125,000 visitors and a presidential visit during the weekend of Super Bowl 59, as the reigning champion...

    Latest News

    The Senate voted 72-28 on Thursday to confirm Brooke Rollins’ nomination to serve as U.S. Secretary of Agriculture. All Republicans agreed to pass Rollins,...