Close Menu
    What's Hot

    Equinor to sell onshore Argentina Vaca Muerta assets to Vista Energy in $1.1B deal

    February 2, 2026

    Grammys 2026: What Celebrities Wore to After Parties

    February 2, 2026

    BitMine Reports 4.285M ETH Holdings, Expands Staked Position

    February 2, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Politics»Senate panel set to advance budget next week, Graham says
    Politics

    Senate panel set to advance budget next week, Graham says

    Press RoomBy Press RoomFebruary 6, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Senate Republicans are preparing to move forward next week on a budget blueprint that sets up their two-track approach to enacting President Donald Trump’s domestic agenda.

    The timeline was discussed during a closed-door conference meeting on Wednesday, where Budget Committee Chair Lindsey Graham (R-S.C.) walked his colleagues through the fiscal blueprint that they need to pass before they can get to work on a party-line border, energy and defense bill.

    “It’s time for the Senate to move,” Graham told reporters after the meeting. “Hopefully we’ll get started next week marking it up in committee.”

    Four Republicans who attended the closed-door lunch confirmed that the plan is for the Budget Committee to vote next week.

    Senate Republicans’ decision to pull the trigger on their own plan comes after they’ve waited weeks to see if House Republicans would be able to get “one big, beautiful bill” that also includes an overhaul of the tax code off the ground. It also comes before senators meet with President Donald Trump at his Mar-a-Lago resort on Friday night, where they are expected to ask for his blessing to get moving.

    House Republicans wanted to move their own budget blueprint through committee this week, with a floor vote next week. But hard-liners hold enough seats on the House Budget Committee to block that plan, and they are pushing for deeper cuts than what Speaker Mike Johnson initially proposed.

    Senate Republicans are increasingly skeptical that Johnson will ever be able to unify his conference.

    “I understand the desire for one big, beautiful bill, but it just wasn’t going to happen. It’s too complex,” said Sen. Ron Johnson (R-Wis.), who is proposing that Republicans do not two but three reconciliation bills.

    The House speaker pushed back on the Senate preparing to move on its own budget resolution, warning that it would face a hard road getting through the House GOP’s mathematical buzzsaw.

    “He has to understand the reality of the House,” Johnson said about Graham to reporters. “It’s a very different chamber with very different dynamics, and the House needs to lead this if we’re going to have success.” He added that he was “comfortable” and “optimistic” about where things among House Republicans stood.

    House Budget Committee Chair Jodey Arrington (R-Texas) said earlier Wednesday that he expects the House to release a one-bill budget blueprint and schedule their own committee vote by the end of the week.

    The Senate’s budget resolution is expected to include roughly $150 billion for border security and a similar “range” for defense spending, Graham told reporters after the lunch. The Armed Services Committee is expected to be tasked with coming up with the spending for the military, while the Homeland Security and Governmental Affairs Committee and Judiciary Committee will tackle the border spending.

    Graham said the border, energy and defense bill will be paid for with offsetting spending cuts or revenue-raisers, but he didn’t immediately detail what they might be. Instead, he said that the budget resolution will instruct relevant committees to go find the necessary pay-fors.

    Senate Republicans have a 53-seat majority, giving them slightly more room for error than the House enjoys. But they’ll need to wrangle their own members, some of whom want to see steep spending cuts attached to their overall reconciliation efforts. Graham indicated that there will be additional spending cuts, but he didn’t specify a number or whether they would be included as part of initial border, energy and defense bill or as part of a tax package that Senate Republicans would still need to negotiate and pass later this year.

    “Just like the House, in the Senate, the resolution is not going to pass in my conference without substantial spending reductions,” said Sen. John Kennedy (R-La.), a member of the Budget Committee.

    Lisa Kashinsky and Meredith Lee Hill contributed to this report. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    What’s Kat Abughazaleh’s Deal? | The Nation

    April 7, 2025

    The Making of Chuck Schumer

    April 6, 2025

    Smoke Signals

    April 4, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    Equinor to sell onshore Argentina Vaca Muerta assets to Vista Energy in $1.1B deal

    February 2, 2026

    Grammys 2026: What Celebrities Wore to After Parties

    February 2, 2026

    BitMine Reports 4.285M ETH Holdings, Expands Staked Position

    February 2, 2026

    How I Bought a Car Using My Costco Membership, Saved $11,000 Easily

    February 2, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.