Senate Republicans have introduced a significant budget package aiming to increase the debt limit by $5 trillion and make permanent the tax cuts from Trump's first term. The Senate plan, spearheaded by Senator Lindsey Graham, is expected to be voted on imminently and could redefine U.S. budget priorities in national security, immigration, and energy. It reflects a commitment to fulfill promises made to Americans while opposing potential tax hikes proposed by Democrats, with a focus on reducing federal government size and spending.
Senators expect to start voting on the sweeping legislation by this weekend. It would raise the country's debt limit by $5 trillion to avoid a catastrophic financial default this summer.
Today is one of the most important steps toward ensuring the Republican majority fulfills its promise to the American people that we will secure our border, strengthen our national security, make President Trump's tax cuts permanent, and reduce spending.
The legislation would pave the way for 'generational investment' in border security, national defense and the energy sector, carving a significant path for Trump's policy vision.
Republicans in the Senate and the House are committed to working with President Trump to stop Democrats from imposing an automatic $4 trillion tax hike on the American people at the end of this year.
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