Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Showing Original Post only (View all)

Omaha Steve

(105,409 posts)
Sat Apr 5, 2025, 10:53 AM Apr 5

Senate GOP approves framework for Trump's tax breaks and spending cuts after late-night session [View all]

Source: AP

By KEVIN FREKING, LISA MASCARO and LEAH ASKARINAM
Updated 7:35 AM CDT, April 5, 2025

WASHINGTON (AP) — Senate Republicans plugged away overnight and into early Saturday morning to approve their multitrillion-dollar tax breaks and spending cuts framework, hurtling past Democratic opposition toward what President Donald Trump calls the “big, beautiful bill” that’s central to his agenda.

The vote, 51-48, fell along mostly party lines, but with sharp dissent from two prominent Republicans. It could not have come at a more difficult political moment, with the economy churning after Trump’s new tariffs sent stocks plummeting and experts warning of soaring costs for consumers and threats of a potential recession. Republican Sens. Susan Collins of Maine and Rand Paul of Kentucky both voted against the measure.

But with a nod from Trump, GOP leaders held on. Approval paves the way for Republicans in the months ahead to try to power a tax cut bill through both chambers of Congress over the objections of Democrats, just as they did in Trump’s first term with unified party control in Washington.

“Let the voting begin,” Senate Majority Leader John Thune, R-S.D., said Friday night.



Read more: https://apnews.com/article/senate-budget-tax-cuts-trump-485845a9c0b7dfc5d2194d4c1e4723ae

10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Latest Breaking News»Senate GOP approves frame...