US Senate LIVE: Senate Votes on Revised Budget Resolution To Advance Trump’s Tax Cuts | USA | CNBC TV18
Senate GOP approves framework for Trump’s tax breaks and spending cuts after all-night session
Convene and resume consideration of H.Con.Res.14, a concurrent resolution establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. Senate Republicans plugged away overnight and into early Saturday morning to approve their multitrillion-dollar tax breaks and spending cuts framework, hurling past a hard line of 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. It could not have come at a more difficult political moment. The U.S. economy is churning after Trump’s vast tariff scheme sent stocks plummeting, and experts are warning of soaring costs for consumers at home and threats of a potential recession. Even some Republicans have expressed concerns.
But with a nod from Trump GOP leaders held determined to march ahead. 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.
Republicans rejected in a 46-to-53 party-line vote an amendment offered by Senator Mark Warner of Virginia prohibiting the use of “any commercial messaging application” to transmit information revealing the timing, sequencing or weapons to be used in impending military operations.
They defeated an amendment by Mr. Schumer to rescind Mr. Trump’s tariffs if they increased the cost of Americans’ groceries in a party-line vote. And they defeated an amendment to prevent any disruptions in continuing security assistance to Ukraine after only two Republicans — Senators Susan Collins of Maine and Lisa Murkowski of Alaska — joined Democrats to support it.
The Senate plunged into a political showdown over President Trump’s domestic agenda that began Friday night and crept into Saturday morning, as Democrats forced dozens of votes during an overnight session to protest Republicans’ push to deliver “one big beautiful bill” of spending and tax cuts.
The G.O.P. needs to pass its budget blueprint to unlock a process called reconciliation, which allows lawmakers to fast-track budget legislation through Congress and shield it from a filibuster. Disagreements between Republicans in the House and the Senate about what should be in that bill had paralyzed them for weeks, but they have forged a fragile and complex compromise allowing them to move forward.
#ussenate #trumptariffs #GOP #USBudget #uspolitics #trumpadministration #cnbctv18 #democrats
