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4w ago

House Republicans Approve Budget Framework Advancing Trump’s Tax Agenda

The resolution, passed after intense negotiations, sets the stage for extending 2017 tax cuts and adding new breaks, despite intra-party divisions over spending cuts.

Speaker of the House Rep. Mike Johnson is seen arriving for a House Republican Caucus meeting at the U.S. Capitol on April 8, 2025, in Washington, D.C. (Photo by Andrew Harnik/Getty Images)
US Speaker of the House Mike Johnson (R-LA) (L) and Senate Majority Leader John Thune (R-SD) speak at a press conference on the Republican budget bill at the US Capitol on April 10, 2025.
Speaker of the House Mike Johnson, R-La., leaves the chamber after an essential procedural vote passed in the House to advance President Donald Trump's top domestic priorities on spending reductions and tax breaks, at the Capitol in Washington, Wednesday, April 9, 2025. (AP Photo/J. Scott Applewhite)
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Overview

  • The House narrowly approved the budget framework, overcoming resistance from conservative Republicans demanding deeper spending cuts than the Senate's proposal.
  • The resolution enables the reconciliation process, allowing Republicans to bypass the Senate filibuster and advance President Trump's $7 trillion tax agenda.
  • Speaker Mike Johnson and Senate Majority Leader John Thune pledged to pursue $1.5 trillion in spending reductions, addressing concerns from fiscal hawks.
  • The framework includes provisions to extend Trump’s 2017 tax cuts and introduce new tax breaks, alongside increased funding for border security and defense.
  • Further debates are expected as the House and Senate reconcile differences over spending cuts and fiscal priorities in the coming weeks.