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Senate Republicans advance to Trump’s tax cuts

Washington: U.S. Senators approved the budget blueprint on Saturday, but President Donald Trump’s pledged tax cuts released trillions of dollars, despite painful infighting among most Republicans that would provide them with the savings they need to fund.

Legislators worked late at night, voted 51-48, mainly along the party’s line, and approved the resolution, with two prominent Republicans opposing the measure.

Now, it moved to the House where Republicans have a slim majority, while the tough Hawks and the Treasury Hawks criticized the Senate version.
The Senate vote comes at a time when global stocks levied by Trump on dozens of trading partners are falling, and Democrats believe it is not the time to significantly reduce government spending.

“President Trump’s tariffs are one of the stupidest things he has done as a president, and that’s what he is saying,” CNN quoted Democratic minority leader Chuck Schumer as saying.


Schumer filed an amendment to Trump’s tariffs, but received insufficient support. Sen. Susan Collins of Maine and Rand Paul of Kentucky joined Democrats against budget solutions, but nearly every Republican stood on the president, agreeing with Trupe’s responsibility: “In a brief statement, both with Louisiana’s obligations said:

Cutting depth
Senate and House Republicans have been delving into knives, and lawmakers have been outraged by the public’s unprecedented ruling on the federal bureaucracy led by Trump’s billionaire adviser Elon Musk.

Both chambers need to adopt the same version of the budget blueprint (which has proven in months of negotiations) before drafting Trump’s huge bill to expand his first tax break and promote border security and energy production.

“The bill lays the foundation for providing additional funding to ensure border security, improve our energy advantages, build strong defense, cut wasteful spending and prevent tax increases for households and small businesses,” Republican Senator James Lankford said after the vote.

Senators spent most of the night making dozens of proposed adjustments to the plan (in the so-called “vote), some of which were intended to force Republicans to record Trump’s tariffs on imports from countries around the world.

After success through the Senate, spending plans still require House approval, which Republican leaders are eager to bring to Trump’s table before Congress begins its two-week Easter break next Friday.

Democrats slammed the framework, claiming it would trigger further cuts in essential services.

“Death upon arrival”

The proposal will increase the country’s borrowing limit by $5 trillion to avoid debt defaults this summer, thus avoiding the need for further hiking after the 2026 midterm elections.

Experts say the tax cuts — which will significantly expand the 2017 agreed relief — could add $5 trillion to $5 trillion in the next decade.

The liberal Cato Academy called the resolution a “fiscal train wreck” that “actively worsened the debt trajectory of our country.”

Trump spoke on social media about the plan, and he provided his “full and full support” to the text at a White House event earlier this week.

But Senate and House Republicans are far from being cut in spending, with the House of Lords savings of $4 billion, while House leadership demanding a $1.5 trillion reduction.

Ralph Norman, a Republican Congressman in South Carolina, was asked to support the Senate resolution and told reporters: “For me, it died on arrival.”

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