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Belle of the Ranch

Let's talk about Trump saying there can be only one....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 6 January 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Trump saying there can be only one....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, internet people, it's Bell again. So today, we're going to talk about Trump

0:07.5

saying there can be only one reconciliation bill. According to reports about what Speaker Johnson

0:15.3

has told House Republicans, Trump has decided he wants a single reconciliation bill instead of two or more.

0:23.7

The reconciliation process is a process that allows Congress to move legislation forward with a

0:29.4

simple majority. It's kind of a procedural pain, but for tax and spending policy, it works,

0:36.3

even if it is time-consuming.

0:38.7

There will be an explainer video down below if you want to know how it works.

0:44.1

Republican leadership had been leaning toward at least two bills, one on defense, energy,

0:49.8

and the border, the other on tax cuts.

0:53.5

But Trump has reportedly said he wants one big,

0:57.5

beautiful bill. The reason leadership in Congress was leaning towards two packages is because the

1:04.3

tax portion is a little dicey or politically within the Republican Party. As has been demonstrated

1:10.6

for a couple of weeks,

1:12.3

the budget fights are going to be a thorn in the side of Republicans in the House. That tax

1:18.3

fight is forecasted to require a long and tedious process of negotiations, to get a package

1:24.8

all of the Republicans will support.

1:31.8

Last month, now Senate Majority Leader John Thune said, quote,

1:37.8

In my view, it makes sense to move quickly on things we know we can do quickly,

1:43.0

border, defense, energy, and then come back with another package that would address some of the savings that

1:45.4

can be achieved through reductions in costs in various agencies and bureaucracies and government

1:51.6

programs, and then also deal with the expiring Trump tax cuts in a package later this year.

1:59.3

The idea was to get the momentum going with the stuff all the Republicans agreed on,

...

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