4.8 • 965 Ratings
🗓️ 12 April 2025
⏱️ 4 minutes
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Let's talk about Trump’s budget moving forward with big problems ahead....
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0:00.0 | Well, howdy there, Internet people, it's Bell again. |
0:04.5 | So today, we're going to talk about Trump's budget framework moving forward. |
0:10.6 | Trump and Johnson were able to push the Senate's budget resolution plan through the House. |
0:15.8 | This effectively unlocked away for them to side-step the filibuster. |
0:20.0 | This was the first step in a multi-step |
0:22.0 | process known as budget reconciliation. All of the tension and disagreement inside the Republican |
0:29.0 | party since Trump took office was over the first step. That step is basically a resolution |
0:35.6 | that says, we're going to do X. |
0:38.9 | It had nothing to do with actually doing X or voting to enact X. |
0:44.2 | Now that they've gotten the resolution, committees in both the Senate and the House will try to come up with plans on what to cut. |
0:52.0 | They need to match. |
0:54.1 | Fiscal Hawk Republicans in the House actually want |
0:57.0 | to make the cuts necessary to pay for Trump's tax cut that primarily benefits the wealthy. |
1:03.7 | This is where the giant Medicaid cuts and cuts to children's health insurance would come from. |
1:09.7 | The Senate understands the political implications of cutting Medicaid and children's health insurance would come from. The Senate understands the political implications |
1:12.2 | of cutting Medicaid and children's health insurance. The fundamental disagreement has not been |
1:18.3 | resolved. Basically, fiscal hawks agreed to a Senate plan to get things moving, but have promised to vote |
1:26.0 | against the final package unless they get their giant cuts. |
1:29.9 | They have statements from Republican leadership that there will be bigger cuts than what is in the |
1:35.3 | resolution. The president of the committee for a responsible federal budget, which, like the |
1:41.6 | Fiscal Hawks, cares about the deficit, isn't buying it, and spoke |
1:46.1 | bluntly in a statement. Quote, this budget sets the stage for the largest deficit increase |
... |
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