President Trump’s plan to raise the debt limit through the end of his presidency before Republicans likely lose control of Congress is on shaky ground because of rising concerns over the national debt — which has reached $40 trillion. The president is quietly pushing Senate Majority Leader John Thune (R-S.D.) and House Speaker Mike Johnson (R-La.) to use a third budget reconciliation package to extend the debt limit through 2029 — the end of Trump’s term — to avoid the prospect of a difficult negotiation with Democrats next year if they win control of the House or both chambers of Congress. Read More: https://thehill.com/homenews/senate/6050623-trump-debt-limit-bond-market-republicans/ #trump #debt #senate #politics #congress
Senate Majority Leader John Thune admitted Wednesday that Republicans cannot muster the 50 votes needed to advance President Trump's budget resolution, a concession that stalls the GOP agenda just days before a five-week recess. Thune's blunt assessment landed hours after Trump took to Truth Social to demand action, calling on the Senate to adopt the […] The post Senate Republicans fall short on votes for Trump's budget resolution as August recess looms appeared first on American Almanac .
Senate Majority Leader John Thune admitted Wednesday that Republicans cannot muster the 50 votes needed to advance President Trump's budget resolution, a concession that stalls the GOP agenda just days before a five-week recess. Thune's blunt assessment landed hours after Trump took to Truth Social to demand action, calling on the Senate to adopt the House-approved budget framework before lawmakers leave Washington. The South Dakota Republican did not sugarcoat the math. "Right now, we don't have 50," Thune told reporters . The budget resolution would unlock the reconciliation process, letting Republicans push an emergency spending package through the chamber on a simple majority vote, bypassing the 60-vote filibuster threshold that has…Open
White House officials will press Senate Republicans behind closed doors Wednesday to pass a blueprint for another GOP-only megabill before they leave for the August recess, but save any possible debt ceiling increase for later, Axios has learned. Why it matters: Senate Republican leaders have been skeptical that there is the time — or the votes — to get it done. President Trump and his team disagree. - White House officials want the Senate to build in flexibility to jam through as much of the SAVE America Act as possible, and they are insisting it can be crafted to avoid tough amendment votes. Zoom in: Office of Management and Budget director Russell Vought, legislative affairs director James Braid and former House Speaker New…
