House conservatives ready to oppose Senate framework for Trump tax cut package

House conservatives in the GOP are expressing serious concerns over the updated budget framework that the Senate recently approved for the tax cut and spending cut package. According to sources at Fox News, there are at least 5-10 House Republicans who are unwilling to support this plan due to the lack of significant spending cuts that satisfy conservative demands.
President Trump has indicated his support for the Senate’s blueprint and is urging the House to accept it. However, these House conservatives remain steadfast in their opposition. It remains to be seen whether they will ultimately concede.
House Speaker Mike Johnson (R-La.) has scheduled a vote on the new framework for Wednesday. This timeline allows for the possibility of a second attempt later in the week if needed. With 220 Republicans and 213 Democrats in the House, Republicans can only afford to lose three votes and still pass a bill if all Members cast their ballots.
The budget framework holds significant importance as it serves as a prerequisite for utilizing the budget reconciliation process in the Senate to bypass a filibuster. Without aligning on the same budget blueprint, both chambers cannot proceed with the substantive aspects of the bill. The Senate’s version of the framework includes less drastic cuts compared to the House’s demands, as Senate Republicans are subject to specific budget rules.
Following multiple vote-a-ramas in the Senate and a deadline set by Speaker Johnson for Memorial Day, the House and Senate must reconcile their differing frameworks to move forward. The package is expected to include a debt ceiling increase, with the Senate proposing a $5 trillion hike. Market volatility and economic uncertainty underscore the urgency of addressing the debt ceiling promptly.
Chad Pergram, a senior congressional correspondent for FOX News Channel, provides insights into the legislative intricacies and political dynamics at play in this budgetary showdown. Stay tuned for further developments on this critical issue.