President-elect Trump pointed to a strategic advantage of the one bill approach to budget reconciliation that he said he favors during a closed-door meeting with Republican senators at the Capitol on Wednesday evening.
By legislation relating to both the southern border crisis and taxes into one reconciliation bill, Trump suggested that one issue could potentially force some lawmakers to make a tough decision. For example, if a Republican does not support part of the tax component, he would also have to vote against the limit provisions because they are included in one measure.
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Trump explained a strategic component of his “one-bill reconciliation approach.” (Getty Images)
With parts of Trump’s Tax Cuts and Jobs Act of 2017 The party is ending this year and wants to act quickly. But the expectation is that the tax debate in 2025 will be more divided among Republicans than the one over the border. In particular, there is some intraparty disagreement over state and local tax deductions (SALT), which some states stand to benefit more than others and which some Republicans have labeled as inefficient.
“For example, if someone in the House of Representatives opposes because there is no SALT in the tax treaty or some other provision they want, if that also means standing firm and voting against the limit, that could make it more difficult for them. to do this,” Sen. John Hoeven, R-N.D., told Fox News Digital. “That’s a very valid point.”
Although SALT was not mentioned as an example of this by Trump himself, it was mentioned by a Republican senator in a side conversation with other attendees as they discussed the benefits of a one-bill approach, Hoeven said.
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Senator John Hoeven, R-N.D., speaks on Capitol Hill in Washington on May 4, 2022. Hoeven will face a defector from his own party and a poorly funded Democrat in his race for a third U.S. Senate term from North Dakota on Tuesday, November 8. (AP Photo/Mariam Zuhaib, file)
A source familiar told Fox News that Republicans are preparing for Trump’s preference for one bill, but are also keeping in their back pocket the potential for two bills, one on the border and another to address taxes. in case important matters arise. obstacles.
Senate Majority Leader John Thune, R-S.D., told Trump that if one bill is what he wanted, they would try that first, the source said.
A number of senators have their own preferences for two separate reconciliation bills, and some presented their arguments to Trump during the meeting. However, the conference will continue with Trump’s one-bill approach.
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Thune was “adamant” about supporting Trump’s agenda as leader, a senator said. (Reuters)
Greenland, Canada and the Panama Canal came up during the discussion following Trump’s comments on both. Trump recently said he wants the US to take back control of the crucial trade medium, the Panama Canal, while also expressing interest in making Greenland and Canada part of the US.
Sources in the know told Fox News that Trump himself brought this up during the meeting, at one point telling senators that these countries were “messing with” the US.
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Canadian Prime Minister Justin Trudeau speaks to the media outside Rideau Cottage in Ottawa on Monday, January 6. (AP/Adrian Wyld/The Canadian Press)
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Several Republican senators took the opportunity to tell Trump that his comments about Canada were “transformative,” the sources said.
The senators believe his approach to Canada is already succeeding in changing the country’s “behavior” and could even have contributed to the recent resignation of Canadian Prime Minister Justin Trudeau, the sources said.
