US EditionFreedom Caucus details spending cuts in push for ‘rapid adoption’ of Trump agenda
- Republican President-elect Donald Trump is set to begin his second term on January 20, with small majorities in both the Senate and the House of Representatives.
- Tax policy will be a priority for Trump, but reaching an agreement between the two branches of Congress may prove challenging. The Senate GOP argues that hiking corporate taxes could lead to job loss and foreign takeovers of U.S. Corporations.
- House conservatives, including Rep. Chip Roy, are proposing to increase corporate tax rates from 21 percent to 25 percent to offset the cost of Trump's tax package, but this proposal is facing opposition from Senate Republicans. Roy believes everything should be on the table, and that corporate taxes should not stay in place without balancing the budget or being deficit neutral.
14 Articles
14 Articles
'Absolutely not': Tax proposals from House conservatives 'going over like lead balloons' for Senate GOP
When Republican President-elect Donald Trump begins his second term this Monday, January 20, his party will have small majorities in both branches of Congress. Tax policy will be among Trump's legislative priorities, but according to The Hill's Alexander Bolton, getting Republicans in the U.S. Senate and the U.S. House of Representatives to reach an agreement may be challenging in the weeks ahead.Bolton, in an article published on Friday, Januar…
CNBC: These Five Republicans Are Ready to Derail Trump’s Tax Cuts Over the SALT Cap
An influential group of five House Republicans from high-tax states is threatening to hold up a major tax package that is a top priority for President-elect Donald Trump unless they get a significant boost to the amount that their constituents can deduct from federal income taxes to reflect state and local taxes already paid.
Republican Governance Group wants to live up to its name
In a House GOP Conference that’s been marked by division and legislative paralysis for the past two years, the Republican Governance Group says it’s time to get stuff done and embrace compromise. While the firebrands in the Freedom Caucus draw the most attention, the governance group – whose 44 members span the ideological spectrum within the Republican Party – is seeking to play a key role in implementing President-elect Donald Trump’s legislat…
House Freedom Caucus Calls for 2-Step Reconciliation Plan
WASHINGTON—The House Freedom Caucus has called for a two-step approach to pass President-elect Donald Trump’s agenda through reconciliation, setting up a possible fight with House Speaker Mike Johnson (R-La.). Johnson has called for passing the GOP’s agenda through one big reconciliation bill as Trump prefers, though the president-elect said he would not mind if the job gets done through two reconciliation bills. Reconciliation is a mechanism th…
House Freedom Caucus Republicans Have a Plan to Make MAGA Affordable
With the GOP’s razor-thin majority in the House of Representatives, the House Freedom Caucus’ conservative members could have a veto over the upcoming budget reconciliation package that aims to pass massive portions of President-elect Donald Trump’s agenda. The Freedom Caucus made its budget reconciliation priorities known Thursday, releasing a proposal that seeks to make the MAGA agenda happen while fitting it within the budget. In their two-pa…
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