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

House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

by
May 22, 2025
in Latest News
0
House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

House Republicans believe they are close to passing Trump’s Big, Beautiful Bill.

After the meeting at the White House, with the president and members of the Freedom Caucus, House Majority Leader Steve Scalise (R-LA) suggested that the House could vote in the overnight on the Big, Beautiful Bill. 

But it quickly became apparent that was a physical – and parliamentary – impossibility. 

House Speaker Mike Johnson (R-La.) later introduced a ‘manager’s amendment’ to make final changes to the bill. Those alterations were designed to coax holdouts to vote yes. 

It’s now likely that the House debates the bill in the early hours of Thursday with a vote in perhaps the late morning. 

But Democratic dilatory tactics could further delay passage of the bill. 

It’s possible Democrats could engineer protest votes to ‘adjourn’ the House. Calls to ‘adjourn’ hold special privileges in the House and require immediate consideration.

House Minority Leader Hakeem Jeffries (D-N.Y.) could also take advantage of a special debate time on the floor to ‘filibuster’ the measure. Top House leaders from both parties are afforded what’s called the ‘Magic Minute.’ That’s where they are allotted a ‘minute’ to speak on an issue. But the House really allows them to speak as long as they wish out of deference to their position. Then-House Minority Leader and future Speaker Kevin McCarthy (R-Calif.) set the record for the longest speech in November, 2021, delaying considering of former President Biden’s ‘Build Back Better’ Act. McCarthy spoke for eight hours and 32 minutes.

The House Freedom Caucus seems much more satisfied with the upcoming changes to the bill. Especially after the meeting with the president.

But here is the main reason the House wants to move this as quickly as possible:

Republicans don’t want the bill to fester. Problems develop the longer this sits out there. So when you think you have the votes, you put it on the floor and force the issue. There could also be attendance problems later on Thursday or beyond.

This subject has been jawboned to death for weeks. Johnson said weeks ago he wanted this passed by Memorial Day. So Johnson – and President Trump – want GOPers who are skeptical or holdouts to put up or shut up. You do that by putting the bill on the floor and requiring a vote.

That said, it’s possible the GOP leadership might not have the votes ahead of the actual roll call vote. So calling a vote applies pressure on those holdouts. Former House Majority Leader Tom DeLay (R-Texas) used to ‘grow’ the vote on the House floor. In other words, they would start the vote – not having all the ducks in order – and then ‘grow’ the vote during the actual roll call and cajoling or twisting arms. The same may happen today.

Also, if the vote is a little shy of passage, Republican leaders could hold the vote open and then single out those Republicans who have either voted no or have not cast ballots. Then the leadership can really turn up the heat and accuse them of not supporting the president’s agenda. If push comes to shove, they can then have the President weigh in and use his powers to coax those holdouts to vote yes.

Here’s the long-term outlook: If the House passes the bill, this goes to the Senate. This will be a project which will consume most of June. Senate Majority Leader John Thune (R-S.D.) wants this done by July 4. But the question is what the Senate actually produces. The House and Senate must be on the same page. If the Senate crafts a different legislative product, then this must return to the House to sync up. Either the House eats what the Senate put together. Or the House and Senate must blend their differing versions together into a single, unified bill. That could take most of July. Remember that this bill includes an increase in the debt ceiling. The Treasury says Congress must lift the debt ceiling by early August.

This post appeared first on FOX NEWS
Previous Post

Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

  • Trending
  • Comments
  • Latest
Gold and silver: the price of gold has resistance at $2360

Gold and silver: the price of gold has resistance at $2360

May 29, 2024
S&P 500 climbed 0.3%, and Nasdaq-100 futures  jumped 0.7%

S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

December 4, 2024
Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

August 9, 2024
Is XRP a Good Investment? Expert Insights for 2024

Is XRP a Good Investment? Expert Insights for 2024

July 12, 2024
House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

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
House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

May 22, 2025
Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

May 21, 2025
GOP outperformed Dems on voter registration in key battleground states, new analysis reveals

GOP outperformed Dems on voter registration in key battleground states, new analysis reveals

May 21, 2025
A man once sued by the SEC wins Trump crypto contest to have dinner with the president

A man once sued by the SEC wins Trump crypto contest to have dinner with the president

May 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

    House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

    House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

    May 22, 2025
    Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

    Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

    May 21, 2025
    GOP outperformed Dems on voter registration in key battleground states, new analysis reveals

    GOP outperformed Dems on voter registration in key battleground states, new analysis reveals

    May 21, 2025
    A man once sued by the SEC wins Trump crypto contest to have dinner with the president

    A man once sued by the SEC wins Trump crypto contest to have dinner with the president

    May 21, 2025

    Top News

    House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

    House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

    May 22, 2025
    Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

    Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

    May 21, 2025

    Latest News

    • House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’
    • Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump
    • GOP outperformed Dems on voter registration in key battleground states, new analysis reveals

    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.