The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Politics

Dem senator looks to hijack key Trump budget process with tariff challenge

by admin April 5, 2025
April 5, 2025
Dem senator looks to hijack key Trump budget process with tariff challenge

: Sen. Jacky Rosen plans to introduce amendments ahead of Friday night’s ‘Vote-A-Rama’ that would roll back President Donald Trump’s tariffs on certain materials on key tourism partners, likely forcing her Republican colleagues to go on record defending the policy again. 

‘President Trump broke his promise to lower costs, and has enacted reckless tariffs that are jacking up prices even higher for hardworking Nevada families and harming my state’s tourism economy,’ Rosen, D-Nev., told Fox News Digital in an exclusive statement. 

‘Donald Trump may not care if his tariffs raise prices, but I do, and that’s why I’m trying to stop his new national sales tax. Every senator should be on the record: Do you stand with America’s working families who need financial relief, or do you stand with Trump in giving his billionaire buddies even more tax giveaways?’ 

The Nevada Democrat’s amendments include one to stop the administration from levying tariffs on critical construction materials for building houses, and one that would bar Trump from putting across-the-board tariffs on countries with many who visit the U.S.

‘I’ve already heard from Nevadans and Nevada business owners who are worried about how these new tariffs will impact their businesses and livelihoods, including the founder of a small business in Reno. They wrote to me saying, quote, ‘We maintain a small production facility in Reno . . . these duties will force us to raise retail prices by 37 percent, and we don’t believe our customers will accept that. This policy could wipe us out entirely,” Rosen said during her debate time on the floor on Friday.

‘They go on to say, quote, ‘I’m not asking for a favor. I’m asking for leadership that reflects the urgency and reality we face. These tariffs do not bring jobs back. They raise prices, punish small businesses, and put livelihoods at risk, all while making it harder for companies like mine to do what we’ve done for 13 years: create jobs, innovate, and support our families,’’ she went on.

On Thursday, Republicans agreed to a motion that kicked off roughly a day’s worth of debate, before the ‘vote-a-rama’ begins. 

A marathon of amendment votes is now expected to take place at some point on Friday after the debate ends. 

During this process, senators can introduce an unlimited number of amendments, and many are expected to get floor votes. 

The ‘vote-a-rama’ marks movement on Trump’s budget for border funding and extending his hallmark 2017 tax cuts, which Republicans in Congress have long been pursuing. This week, the Senate released its changes to the House’s budget reconciliation resolution, taking a big step forward. 

This amendment to the resolution will get a Senate vote at the end of the ‘vote-a-rama.’ 

The expected budget vote comes after months of disagreement between Republicans in the House and Senate, the former of which sought a reconciliation bill to tackle both the border and taxes, while many in the Senate wanted to split it into two bills. 

Ultimately, House Republicans got what they wanted in a one-bill approach, which Trump blessed. 

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
New book details Obama’s strained relationship with Democratic party: ‘Obama destroyed that s—‘
next post
FBI Director Patel leads charge to root out Chinese influence on US soil

Related Posts

Detroit pastor thanks Trump for visiting the ‘hood’...

June 17, 2024

Trump, Harris have visited these states the most...

November 5, 2024

Morning Glory: Trump’s big chance to put this...

March 15, 2024

‘No dictators’: Top Democrat signals effort to restrain...

September 24, 2024

Trump to subject all contracts, grants through rigorous...

February 27, 2025

Supreme Court sharply divided over enforcing municipal homeless...

April 24, 2024

Lara Trump officially announces campaign for RNC co-chair...

February 29, 2024

Jill Biden ‘stunned’ Joe’s family during health scare,...

February 26, 2024

US Ambassador to Ukraine Bridget Brink to step...

April 11, 2025

Behind the scenes of the prisoner swap to...

August 2, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,414)
    • Investing (3,449)
    • Politics (4,656)
    • World (4,580)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved