Senate Budget Vote Leaves Hurdles For Trump Tax Cuts, Debt Limit

News February 21, 2025 at 10:30 AM
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What You Need To Know

  • The $340 billion Senate budget boost spending on the military and border security but does not address tax cuts.
  • Earlier this week, Trump posted that he backed the rival House plan, which allows at least $4.5 trillion in tax cuts.
  • Sen. Lindsay Graham said he prefers "one big beautiful bill that makes the tax cuts permanent."