Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

Trump, Senate GOP budget leaders huddle at White House on reconciliation bill

by
April 2, 2025
in Latest News
0
Trump, Senate GOP budget leaders huddle at White House on reconciliation bill

President Donald Trump, Senate Majority Leader John Thune, R-S.D., and Senate Budget Committee Republicans are meeting at the White House on Wednesday morning as discussions on how to extend the 2017 tax cuts continue and a key budget process to advance Trump’s agenda hangs in the balance. 

Notably, the meeting is taking place ahead of a Trump event in the Rose Garden, during which the president will discuss his new tariffs.

The Wednesday White House meeting is meant to be less of a debate on how to proceed and more of a final check-in to make sure all parties are on the same page, a source familiar told Fox News Digital.

Trump and Senate Republicans’ discussion is just the latest of several meetings on both the House and Senate sides, hammering out details on how to maneuver a House-passed budget reconciliation bill through the upper chamber. Treasury Secretary Scott Bessent was spotted leaving at least one of the congressional meetings on Wednesday and has been a fixture on Capitol Hill amid the reconciliation debate. 

Initially, there was stark disagreement between GOP leaders in the House and Senate over how to organize a reconciliation bill, which is a key tool for the Trump administration and Republican majorities, because it lowers the vote threshold in the Senate, bypassing the legislative filibuster. 

Senate Republicans largely preferred splitting the priorities of the Trump administration into two reconciliation bills, the first of which would address the southern border’s urgent needs and a later bill would extend Trump’s hallmark 2017 tax cuts. 

But House Republicans, who have less space for dissent with their slim majority, made it clear they would only accept one reconciliation bill that included border funding and tax cut extensions. 

The House and Senate both passed separate resolutions, but Trump has voiced his support for one bill on multiple occasions and Senate Republicans themselves described their resolution as a backup plan to the House’s. 

Now, the Senate is charged with taking up the House’s bill, including border and tax cuts, in order to complete the budget reconciliation process for Trump. 

Sen. John Kennedy, R-La., told Fox News he would be at the morning meeting at 11 a.m. He said he planned to bring up the debt limit, which will need to be extended soon. In particular, he wants to discuss raising the debt limit in the budget reconciliation resolution. 

According to the Republican, Trump hasn’t been highly communicative to Republicans about his position on the debt limit’s inclusion in this particular bill. 

But Kennedy believes they should raise the debt limit via reconciliation to ensure Republicans don’t need to negotiate with Democrats to avert default down the line. 

This post appeared first on FOX NEWS
Previous Post

Dem senator who ditched Tesla to protest Musk refuses to call violence against cars ‘domestic terrorism’

Next Post

Judge blocks Trump admin from firing federal probationary workers

Next Post
Judge blocks Trump admin from firing federal probationary workers

Judge blocks Trump admin from firing federal probationary workers

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

November 22, 2025
House Republicans demand Trump admin deny Mamdani federal security clearance

House Republicans demand Trump admin deny Mamdani federal security clearance

November 22, 2025
Graham says Trump wants to ‘move the bill’ on Russia sanctions, but procedural hurdles await

Graham says Trump wants to ‘move the bill’ on Russia sanctions, but procedural hurdles await

November 22, 2025
U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

November 21, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    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!

    Recent News

    EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

    EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

    November 22, 2025
    House Republicans demand Trump admin deny Mamdani federal security clearance

    House Republicans demand Trump admin deny Mamdani federal security clearance

    November 22, 2025
    Graham says Trump wants to ‘move the bill’ on Russia sanctions, but procedural hurdles await

    Graham says Trump wants to ‘move the bill’ on Russia sanctions, but procedural hurdles await

    November 22, 2025
    U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

    U.S. added 119,000 jobs in September, but there are signs of a weakening labor market

    November 21, 2025

    Top News

    EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

    EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

    November 22, 2025
    House Republicans demand Trump admin deny Mamdani federal security clearance

    House Republicans demand Trump admin deny Mamdani federal security clearance

    November 22, 2025

    Latest News

    • EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation
    • House Republicans demand Trump admin deny Mamdani federal security clearance
    • Graham says Trump wants to ‘move the bill’ on Russia sanctions, but procedural hurdles await

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.