That includes $3.8 trillion in expiring provisions,
Posted: Sat Apr 05, 2025 7:47 am
Any arm-twisting by Trump on holdouts in the House would have to begin soon if GOP leaders want to unlock the first step for their party-line border, energy and tax bill next week. Senate Republicans hope to adopt their budget blueprint by Saturday morning, and then it would be up to the House to adopt the same blueprint.
Deficit hawks in the House pose the greatest challenge to that timeline. Shortly after the Senate released its budget on Wednesday, prominent members, including Budget Chair Jodey Arrington (R-Texas), complained that Senate Republicans’ tax plan would be fiscally irresponsible and erase months of painstaking negotiation in the House,
Specifically, the Senate plan allows for around $5.3 trillion in tax cuts.which special lead would be zeroed out under the Senate’s unorthodox accounting procedure.
House Republicans’ plan, in contrast, calls for a maximum of $4.5 trillion in spending on tax policy, which itself is contingent on achieving $2 trillion in spending cuts.
“I predict there will not be a consensus reached until we sit with the White House,” said Senate Budget member John Kennedy (R-La.), when asked about the criticism from the House.
Deficit hawks in the House pose the greatest challenge to that timeline. Shortly after the Senate released its budget on Wednesday, prominent members, including Budget Chair Jodey Arrington (R-Texas), complained that Senate Republicans’ tax plan would be fiscally irresponsible and erase months of painstaking negotiation in the House,
Specifically, the Senate plan allows for around $5.3 trillion in tax cuts.which special lead would be zeroed out under the Senate’s unorthodox accounting procedure.
House Republicans’ plan, in contrast, calls for a maximum of $4.5 trillion in spending on tax policy, which itself is contingent on achieving $2 trillion in spending cuts.
“I predict there will not be a consensus reached until we sit with the White House,” said Senate Budget member John Kennedy (R-La.), when asked about the criticism from the House.