GOP Budget Passes by Narrow Margin, Proposing $4 Trillion in Tax Cuts & $2 Trillion Spending Cuts πŸ’°

The Republican-led House narrowly approved a budget resolution with significant tax and spending cuts, facing opposition from Democrats and one Republican. Learn what this means for future fiscal policy.

GOP Budget Passes by Narrow Margin, Proposing $4 Trillion in Tax Cuts & $2 Trillion Spending Cuts πŸ’°
Benzinga
713 views β€’ Feb 26, 2025
GOP Budget Passes by Narrow Margin, Proposing $4 Trillion in Tax Cuts & $2 Trillion Spending Cuts πŸ’°

About this video

A Republican budget resolution narrowly passed in the House by two votes on Tuesday. All Democrats and one Republican opposed it. The measure includes over $4 trillion in tax cuts, $2 trillion in spending cuts, and a $4 trillion debt limit increase. It also directs $100 billion toward immigration enforcement and the military while requiring over $800 billion in federal program cuts. Speaker Mike Johnson and President Donald Trump worked to secure GOP votes, flipping key holdouts. The resolution now moves to the Senate.

Video Information

Views

713

Duration

0:35

Published

Feb 26, 2025

Related Trending Topics

LIVE TRENDS

Related trending topics. Click any trend to explore more videos.

Trending Now