President Donald Trump’s agenda is hitting the Capitol Hill speed bump as Republican inscribers over spending levels threatens to halt large packages of tax cuts, energy policy, healthcare and border security funds. is.
Speaker Mike Johnson (R-La.) initially said his meeting would take the first step this week to move the bill. But as the week progressed, Republican lawmakers realized they missed that deadline as the Finance Hawks said they couldn’t support a massive package without cutting spending.
“We’re stuck in the mud,” R-Fla Rep. Byron Donald told CNBC when he left the House Republican meeting on Wednesday. “There are a lot of things, do they call it paralysis of analysis? And I think at this point we just need to make a clear decision.”
Future efforts to pass Trump’s legislative agenda will bring the first opportunity for Republicans who control the House, Senate and White House to show how serious voters are about cutting spending and cutting bonds. Provided.
House GOP leaders first proposed trimming hundreds of billions of dollars over a decade by changing Medicaid, adding job requirements for healthy adults without dependents.
But that wasn’t enough for many of the conference’s fiscal Hawks.
The more Republican leaders agree to create a topline number at this early stage, but there is less money they will have to deal with later on which priorities they will decide.
Trump, for example, has promised to eliminate income tax on cutting-edge wages. But he hasn’t said how he will make up for that lost revenue in the federal budget.
US President Donald Trump arrives on January 25, 2025 to talk about his policy to end taxes on Las Vegas, Nevada tips.
Mandelungan | AFP | Getty Images
Trump has also pledged to raise limits on how much deductions are possible by taxpayers who can deduct from federal taxable income to reflect state and local taxes, or salt. This also means that the Ministry of Finance’s money is less every year.
One idea to reduce the overall cost of tax cuts is to reduce the number of years that will be extended from 10 to 5 years.
But tough conservatives are pushing the tax cut package to pay for itself and to either be deficit neutral or begin to reduce the country’s debt.
“It has to be more than neutral,” RC Rep. Ralph Norman told reporters Tuesday, “You could put the money in the bank.”
House Budget Committee Chairman Jodie Arlington said the meeting is making progress to get a expenditure agreement by the end of this week, with many in the inter-energy, border security, immigration, taxes and health care. He said there are moving parts. , military funds and student loans.
“All of these works come together in a very balanced way,” Arlington told reporters. “Give and take is there.
House Democrats are expected to be evenly opposed to the packages that Republican majority places on the floor. So the only real negotiations are within the GOP, not between Republicans and Democrats.
And with only a few votes errors, House Republicans need to unite behind the final bill.
Senator Lindsey Graham, Rs.C. will speak with reporters after meeting with Attorney General Matt Gaetz on Wednesday, November 20, 2024 at the Capitol.
Bill Clark | CQ-Roll Call, Inc. |Getty Images
Still, Wednesday it was revealed that it would take time for House Republicans to lead Senate Republicans to advance Trump’s agenda.
Senator Lindsey Graham, who chairs the Senate Committee on the Budget, said on Wednesday that his committee will deal with border security next week but will take the first step in a streamlined bill that is not tax cuts. He said that.
“I always believed that one big, beautiful bill was too complicated,” Graham told NBC News. “It’s certainly more money for border security and the military that unite Republicans. It’s important that we put our points on the board.”
Under the Senate’s preferred timeline, tax cuts will be hashed later this year.
Johnson quickly rejected Graham’s Senate First Plan, but the superior said he would need to give the house some time by going through an occasional cluttered process.
“He has to understand the reality of the house,” Johnson said of Graham, calling the senator “a good friend.”
“This is a very different room with very different dynamics, and if we are successful, the house needs to lead this,” Johnson told Capitol reporters on Wednesday.
Modified: Byron Donald is a Republican representative from Florida. Previous versions spelled his name wrong. Lindsey Graham is a Republican Senator from South Carolina. Previous versions spelled his name wrong.
