Top Posts
Police clash with anti-government protesters calling for early...
UN nuclear watchdog chief says Iran could again...
Israeli strike on Iranian prison killed more than...
UK police assess footage of Glastonbury acts over...
Kneecap rapper charged with terrorism offense over alleged...
Chief Justice Roberts sounds alarm on dangerous rhetoric...
Senate Republicans ram Trump’s ‘big, beautiful bill’ through...
Trump, lawmakers react after ‘big, beautiful bill’ clears...
Trump administration takes on new battle shutting down...
Schumer forces reading of Trump’s entire ‘big, beautiful...
  • Home
  • Investing
  • Politics
  • Economy
  • World News
Money Assets Saver
Politics

Several provisions fail to pass muster with Senate rules in ‘big, beautiful bill’

by admin June 21, 2025
June 21, 2025

Several provisions in the Senate GOP’s version of President Donald Trump’s ‘big, beautiful bill’ have run afoul of Senate rules and must be stripped if Republicans want to pass the package without the help of Democrats.

The bill is undergoing what’s called a ‘Byrd Bath,’ when the parliamentarian meticulously combs through each section of the mammoth bill to determine whether policies comport with the Senate’s Byrd Rule.

The point of the budget reconciliation process is to skirt the Senate filibuster and pass a massive, partisan legislative package. But if provisions are left in that fail the test, Senate Republicans will have to meet the typical 60-vote threshold. Provisions that don’t pass muster can still be appealed, however.

Senate Democrats vowed to use the Byrd Bath as a cudgel against the Senate GOP to inflict as much pain as possible and slow momentum as Republicans rush to put the colossal bill on Trump’s desk by July 4. 

Senate Majority Leader John Thune, R-S.D., could also overrule the parliamentarian but has remained adamant he would not attempt such a move. 

Senate Parliamentarian Elizabeth MacDonough scrutinized three chunks of the megabill from the Senate Banking, Environment and Public Works and Armed Services committees and found numerous policies that failed to meet the Byrd Rule’s requirements.

Among those was a provision that would have eliminated funding for a target of the GOP’s since its inception in 2008, the Consumer Financial Protection Bureau, which would have effectively eliminated the agency. Doing so also would have slashed $6.4 billion in spending.

Senate Banking Committee Chair Tim Scott, R-S.C., said in a statement he would ‘remain committed to cutting wasteful spending at the CFPB and will continue working with the Senate parliamentarian on the Committee’s provisions.’

Attempts to put guardrails on the $150 billion in Defense Department funding baked into the package also failed to pass muster. The language would have required that Pentagon officials outline how the money would be spent by a certain deadline or see the funding reduced.

Other provisions on the chopping block include language that cut $300 million from the Financial Research Fund and cut jobs and move the Public Company Accounting Oversight Board under the umbrella of the Securities and Exchange Commission, which would have saved roughly $773 million.

An attempt to change the pay schedule for Federal Reserve employees was also nixed, which would have saved about $1.4 billion.

Environmental standards and regulations set by the Biden-era Inflation Reduction Act were also determined to have run afoul of the Byrd Rule, including a repeal of tailpipe emissions standards for vehicles with a model year of 2027 and later. 

This post appeared first on FOX NEWS

previous post
Arrest of Chinese nationals in swing state, Israel’s fight with Iran are ‘wake up’ call on CCP threat: experts
next post
At least 8 dead after hot air balloon accident in southern Brazil

You may also like

Chief Justice Roberts sounds alarm on dangerous rhetoric...

June 29, 2025

Schumer forces reading of Trump’s entire ‘big, beautiful...

June 29, 2025

Trump administration takes on new battle shutting down...

June 29, 2025

Trump, lawmakers react after ‘big, beautiful bill’ clears...

June 29, 2025

Senate Republicans ram Trump’s ‘big, beautiful bill’ through...

June 29, 2025

Trump’s ‘big, beautiful bill’ faces Republican family feud...

June 28, 2025

Senate shuts down Kaine’s attempt to check Trump’s...

June 28, 2025

Trump secures record-shattering $1.4B for political war chest,...

June 28, 2025

Trump’s NATO Turnaround: From threatening to pull US...

June 28, 2025

Marco Rubio holds first meeting with families of...

June 28, 2025

    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.

    Recent Posts

    • Police clash with anti-government protesters calling for early elections in Serbia

      June 29, 2025
    • UN nuclear watchdog chief says Iran could again begin enriching uranium in ‘matter of months’

      June 29, 2025
    • Israeli strike on Iranian prison killed more than 70, says Iran state-affiliated media

      June 29, 2025
    • UK police assess footage of Glastonbury acts over anti-Israel chants

      June 29, 2025
    • Kneecap rapper charged with terrorism offense over alleged Hezbollah flag

      June 29, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 moneyassetssaver.com | All Rights Reserved

    Money Assets Saver
    • Investing
    • Politics
    • Economy
    • World News