• World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick
Blue Chip Of Success

House Republican leaders spent nearly five hours at the White House on Thursday – some of it with President Donald Trump – as they tried to finalize the outline of their tax and spending cut package. 

The plan is to release a framework with some numbers in the coming days. 

Fox is told to expect north of $1 trillion in spending cuts. The bill would make permanent the 2017 Trump tax cuts. It is also likely the bill includes a provision to bar taxes on tips. 

House Republicans hoped to have a bill ready to go before the Budget Committee this week after their retreat at Mar-a-Lago. 

But no dice. 

Republicans hope to prep this bill before the House Budget Committee next week. 

When asked if a plan would be unveiled Friday, Speaker Mike Johnson told Fox News, ‘nothing today’ on paper or details of a budget package.

‘There won’t be any details announced until the end of the weekend. Possibly not until Monday,’ he said.

He said the committee markup may come Tuesday, but that there are a couple of details to ‘work out.’

When asked about including the debt ceiling in the bill, Johnson replied, ‘I think that probably will be part of it, yes.’

Asked if Democrats walked away from talks to avert a March government shutdown, he replied, ‘It seems that way. From their comments, Leader [Hakeem] Jeffries seemed to be trying to set up some sort of a government shutdown. We have been negotiating in good faith, trying to get a topline number. But so far as I know, they’ve been unresponsive the past two days or so.’

Republicans need a budget framework adopted on the floor so they can use the budget reconciliation tool to bypass a Senate filibuster. No budget? No reconciliation option. 

House GOPers are feeling pressure from Senate Republicans who are pressing ahead with their own plan. Senate Republicans dine at Mar-a-Lago tonight with President Trump. 

House Republicans are worried if they stumble at moving first, they could get jammed by the Senate. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
House Democrat leaves congressional DOGE caucus, saying Musk is ‘blowing things up’
next post
Market Signals Align – Is a Bigger Move Ahead?

You may also like

Trump says his Aug 1 tariff deadline ‘will...

July 30, 2025

Who is Steve Ricchetti, the longtime Biden confidante...

July 30, 2025

Grassley rebukes Trump’s pressure to ‘have the courage’...

July 30, 2025

Agent’s alleged attempt to smuggle wife on Trump’s...

July 30, 2025

Schumer says century-old law forces Trump DOJ, FBI...

July 30, 2025

Backlash against Sydney Sweeney ‘jeans/genes’ ad gets mocked...

July 30, 2025

Biden ‘Politburo’ member Steve Ricchetti to appear before...

July 30, 2025

Schumer calls on FBI to conduct counterintelligence threat...

July 30, 2025

Trump looks to skip G20 summit in South...

July 30, 2025

From Gaza to Greenland, Macron breaks with Trump...

July 30, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Join The Exclusive Subscription Today And Get Premium Articles For Free


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 Posts

  • Schumer says century-old law forces Trump DOJ, FBI to release Jeffrey Epstein files by August deadline

    July 30, 2025
  • Agent’s alleged attempt to smuggle wife on Trump’s Scotland trip being probed in latest Secret Service fiasco

    July 30, 2025
  • Grassley rebukes Trump’s pressure to ‘have the courage’ to speed up nominations

    July 30, 2025
  • Who is Steve Ricchetti, the longtime Biden confidante questioned in Comer’s cover-up probe?

    July 30, 2025
  • Trump says his Aug 1 tariff deadline ‘will not be extended’ – here are the countries that might not make it

    July 30, 2025
  • About Us
  • Contacts
  • Email Whitelisting
  • Terms and Conditions
  • Privacy Policy

Copyright © 2023 BlueChipOfSuccess.com All Rights Reserved.

Blue Chip Of Success
  • World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick