Tag #Budget Reconciliation

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Senate Republicans Bypass House, Plan $150 Billion Border Security Bill

Senate Republicans announced plans to independently pass a $150 billion border security bill next week, bypassing House delays and opting for a two-bill approach prioritizing border funding before tackling tax legislation, despite House Republicans' preference for a single comprehensive bill and com...

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forbes.com
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Republican Divisions Hamper Federal Tax Reform Timeline

Differing opinions within the Republican party regarding the timing of federal tax reform are creating uncertainty over when Congress will act to prevent the expiration of the 2017 Tax Cuts and Jobs Act (TCJA). The House has a narrow majority and the Senate is divided on whether to address TCJA and ...

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Reduced Inequality
foxnews.com
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Trump Hosts House Republicans Amid Reconciliation Process Disagreements

President-elect Trump is hosting House Republicans at Mar-a-Lago to unify them on a conservative policy overhaul using budget reconciliation, facing internal disagreements on a one-bill versus two-bill approach and specific policies like SALT deductions.

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forbes.com
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Republicans Plan Budget Reconciliation Packages for Environmental Permitting and Government Efficiency

Republicans plan budget reconciliation packages to modernize environmental permitting, improve government efficiency, and boost energy production by implementing user fees for expedited permitting, raising minimum sale requirements for federal land leasing, studying the costs of ALARA in the nuclear...

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56% Bias Score

Affordable and Clean Energy
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GOP Plan to Eliminate Time-Based Student Loan Forgiveness

Republican lawmakers plan to eliminate time-based student loan forgiveness for new borrowers starting July 1, 2024, replacing existing income-driven repayment plans with a new plan that lacks forgiveness after 20 or 25 years, potentially leaving some borrowers in lifelong debt; this is part of a bro...

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Quality Education
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Uncertainty Remains on Estate Tax Future Despite Republican Control

With Republicans controlling the White House and Congress, the future of the 2017 Tax Cuts and Jobs Act's $13.61 million estate tax exemption, expiring in 2025, is uncertain, necessitating proactive estate planning given potential budgetary challenges and Senate procedures.

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dailymail.co.uk
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House Republicans Fail to Chart Course on Trump's Agenda at Doral Retreat

Over 170 House Republicans gathered at Trump National Doral for a two-day retreat to strategize on the budget reconciliation process, aiming to pass President Trump's agenda, but the session produced little concrete progress, leaving some lawmakers openly critical of the leadership's lack of a detai...

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nbcnews.com
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Senate Republicans Reject Bipartisan Immigration Deal, Opt for Unilateral Action

Senate Republicans rejected a bipartisan immigration deal proposed by 13 moderate Democrats, opting for a budget reconciliation process to pass border security measures unilaterally; this decision comes amid internal divisions within both parties and aims to secure $100 billion for enhanced border e...

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Peace, Justice, and Strong Institutions
dailymail.co.uk
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Trump's Sweeping Legislative Plan Faces GOP Divisions

President-elect Trump plans a large bill including border security, extended tax cuts, and eliminating taxes on tips, to be passed using budget reconciliation, facing challenges from a narrow Republican majority and internal party disagreements.

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Reduced Inequality
forbes.com
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Republicans Plan Budget Reconciliation Packages to Modernize Environmental Permitting and Boost Energy Production

The Republican party plans to introduce at least one, and possibly two, budget reconciliation packages in the upcoming Congress to modernize environmental permitting, improve government efficiency, and increase energy production by implementing user fees for expedited permitting reviews, setting min...

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44% Bias Score

Affordable and Clean Energy
foxnews.com
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Republican Tax Cut Renewal Jeopardized by Budget Bill Split

Republican infighting threatens the renewal of Trump-era tax cuts, potentially causing tax increases for Americans and impacting domestic manufacturing; a split budget bill increases the risk of failure due to a narrow congressional majority and internal divisions, with significant long-term economi...

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52% Bias Score

Reduced Inequality