Senate Republicans Advance New $1.5 Trillion Budget Plan to Implement Trump's Agenda
Senate Republicans unveil a budget resolution aiming for tax cuts and increased spending amid party divisions, hoping to advance President Trump's legislative priorities.
If approved, the multitrillion-dollar plan could become a hallmark of Trump's second term, reimagining the U.S. budget through defense, energy, immigration, and tax policy.
Senate Republicans move forward with their budget plan to promote Trump's agenda
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These differences would give the House and the Senate flexibility in proposing drafts of reconciliation bills.
Senate Releases Compromise Budget Blueprint to Advance Trump Agenda
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This budget would set the stage for the largest deficit increase ever — three times as large as the American Rescue Plan, four times larger than the Tax Cuts and Jobs Act, and 75 percent larger than all bipartisan COVID relief combined.
Senate Republicans finally unveil budget blueprint for Trump’s ‘big, beautiful’ agenda
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By empowering Graham to set the budget baseline in such a way that an extension of Trump’s 2017 tax cuts is judged as not adding to the deficit after 2034, Republicans do not need to add language to sunset those tax cuts within the next decade to comply with the Senate’s Byrd Rule.
Senate budget blueprint empowers GOP chair to decide if Trump tax cuts add to deficit
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The budget resolution notably gives House and Senate committees different deficit and spending targets that will have to be reconciled to pass the sweeping tax and spending bill later this year.
Senate GOP Unveils Budget Blueprint Made In Trump’s Image
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The plan is a key step toward implementing the president's priorities on border security, defense, energy and taxes.
Senate Republicans unveil budget resolution key to unlocking Trump agenda
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Republicans are using a controversial new accounting method known as “current policy baseline” to score the cost of a Trump tax cut extension at $0.
Senate Republicans release budget blueprint with new tax cuts and a $5 trillion debt limit hike
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The plan would give Senate committees a minimum floor for deficit reduction of only a few billion dollars.
Johnson digs in against proxy voting, citing House’s ‘integrity’
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Summary
Senate Republicans released a budget resolution proposing $1.5 trillion in tax cuts, making Trump's tax cuts permanent. The plan has sparked criticism from Democrats over accounting tactics and spending cuts. They aim to advance Trump’s agenda using budget reconciliation to bypass the Democratic filibuster. Challenges remain, including differences between House and Senate proposals, potential divisions within the Republican party, and required spending cuts. The resolution includes provisions for immigration, military spending, and energy policy, with a debt ceiling increase of $5 trillion.
Perspectives
The Senate budget blueprint aims to facilitate $1.5 trillion in new tax cuts while making previous tax cuts permanent, aligning with President Trump's agenda.
Republicans are utilizing a controversial 'current policy baseline' accounting method, which Democrats criticize as misleading to mask the actual cost of the tax cuts.
The budget resolution seeks to increase the debt ceiling by $5 trillion, aiming to align legislative priorities on defense, border security, and spending cuts.
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