Here’s a rundown of where things stand:
Posted: Sat Apr 05, 2025 7:49 am
Senate Republicans have a new budget blueprint to jump-start President Donald Trump’s legislative agenda, and Majority Leader John Thune wants to adopt it by Saturday. It’s looking like he’ll make it happen, but things aren’t so clear in the House.
Senators are digesting the budget plan. While we’re not seeing sufficient defections to tank it, some key players have questions. Senate Appropriations Chair Susan Collins, for example, says she’s undecided on a key aspect telegram data of the proposal — the “current policy baseline” idea that would treat an extension of the 2017 Trump tax cuts as costing nothing — and is concerned V that the House’s budget guidelines would force Medicaid cuts.
What’s in it? In addition to making tax cut extensions costless, it would let Senate Finance draft another $1.5 trillion of tax relief. It would also green-light a $5 trillion debt-ceiling hike that GOP lawmakers hope will get them through the next election (though Sen. Rand Paul wants to force a vote to shrink that). Senate committees would have to cut the deficit by only a few billion dollars, while the House would have to do it by $1.5 trillion — underscoring the lingering political divides between Republicans in the two chambers.
Senators are digesting the budget plan. While we’re not seeing sufficient defections to tank it, some key players have questions. Senate Appropriations Chair Susan Collins, for example, says she’s undecided on a key aspect telegram data of the proposal — the “current policy baseline” idea that would treat an extension of the 2017 Trump tax cuts as costing nothing — and is concerned V that the House’s budget guidelines would force Medicaid cuts.
What’s in it? In addition to making tax cut extensions costless, it would let Senate Finance draft another $1.5 trillion of tax relief. It would also green-light a $5 trillion debt-ceiling hike that GOP lawmakers hope will get them through the next election (though Sen. Rand Paul wants to force a vote to shrink that). Senate committees would have to cut the deficit by only a few billion dollars, while the House would have to do it by $1.5 trillion — underscoring the lingering political divides between Republicans in the two chambers.