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4w ago

Senate Republicans Advance Budget Resolution with Lower Spending Cuts and Debt Ceiling Increase

The resolution includes a $5 trillion debt ceiling hike and provisions to permanently extend Trump-era tax cuts, but faces criticism from House Republicans over spending targets.

Sen. John Thune speaks alongside Sen. Shelley Moore Capito speaks to reporters following the weekly Republican Senate policy luncheon at the US Capitol on April 1 in Washington, DC.
U.S. Senate Majority Leader John Thune at the U.S. Capitol on April 1, 2025.
Sen. Lindsey Graham speaks at a press conference. Photo: Nathan Posner/Anadolu via Getty Images
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Overview

  • The Senate Budget Committee has released a resolution that aligns with President Trump's legislative priorities, including tax reform, border security, and energy policies.
  • The resolution proposes a $5 trillion increase to the debt ceiling and uses a controversial 'current policy baseline' to extend Trump-era tax cuts permanently.
  • Spending targets in the Senate resolution are significantly lower, with only $4 billion in required cuts compared to the House's proposed $2 trillion reductions.
  • House Republicans have criticized the Senate's approach as insufficient, with some threatening to oppose the resolution in upcoming negotiations.
  • A Senate vote on the resolution is expected later this week, setting the stage for inter-chamber negotiations and potential procedural hurdles in advancing Trump's agenda.