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#budget

44 posts33 participants1 post today
Continued thread

🚨🚨 🚨 "RULE PASSES — Speaker Johnson clears procedural hurdle for budget resolution: 216-215. Thomas Massie of Kentucky
Victoria Spartz of Indiana
Mike Turner of Ohio

I'm told Turner voted no after Johnson put language in the rule to cut off members' ability to disapprove of tariffs.
-J Sherman

*The resolution includes the provision preventing any House member from filing a disapproval res on Trump's tariffs through Sept 30. h/t J Bendery

N.L. tables stay-the-course budget with projected $372M deficit and record spending
Newfoundland and Labrador has tabled a 2025-26 provincial budget that responds to uncertainty from the United States with record spending, while delaying its return to a balanced budg...
#budget #politics #spending #economy #NewfoundlandandLabrador #UnitedStates
cbc.ca/news/canada/newfoundlan

Continued thread

"I know this reads like a bunch of procedural jargon.

In normal speak, what is happening here is the House is getting ready to vote to begin debate on its budget resolution -- and when it does, it is also voting to BAR ITSELF from taking action to stop Trump's tariffs.

Dems seizing on this provision being tucked into the rule for the budget res:

🚨“A vote for this rule is a vote for Trump’s tariffs," says Rep D Beyer.
-J Bendery

N.L. tables stay-the-course budget with projected $372M deficit and record spending
Newfoundland and Labrador has tabled a 2025-26 provincial budget that responds to uncertainty from the United States with record spending, while delaying its return to a balanced budg...
#budget #politics #spending #economy #NewfoundlandandLabrador #UnitedStates
cbc.ca/news/canada/newfoundlan

The #House to vote on the #Senate #budget resolution

#Republicans scheduled a vote for Wednesday evening, but they were still at least a dozen votes short of a majority for their fiscal blueprint.

A number of anti-#spending #HouseRepublicans said they planned to defy #Trump & oppose the measure, arguing it would add too much to the nation’s #debt.

#USpol #law
nytimes.com/2025/04/09/us/poli

House Speaker Mike Johnson can’t afford to lose many Republican votes for a budget resolution.
The New York Times · House G.O.P. Leaders Press Ahead With Budget Vote as Defectors Dig InBy Catie Edmondson

Crucial negotiations are heating up! In the latest **Inside Congress**, a pivotal White House meeting reveals President Trump's strategic efforts with House GOP budget holdouts. As Republican lawmakers wrestle with fiscal challenges, the update highlights the complex political dynamics and escalating tensions within the party. For deeper insights, click to read more. [Politico](politico.com/newsletters/insid) #GOP #Budget #Congress #Trump #Politico

Toronto affordable development will cost the City $1.5 million per resident
Originally constructed in the 1950s, the facility which currently houses Toronto's largest shelter for men, Seaton House, was never intended to serve as a long-term shelter, and has reached the end of its service life. As a result, the City is underta...
#housing #politics #budget #city #Toronto #GeorgeStreet
blogto.com/real-estate-toronto

And then, suddenly, #ElonMusk realizes that #Trump 's tariffs may possibly be an end in themselves, to simply generate #budget #revenue for the #USA #state ,and not a means of pressuring other #countries into bilateral #negotiations for the complete mutual elimination of all #tariffs as well as a drastic reduction in non-tariff barriers, which is the #neoliberal #dream .He starts to understand that, as far as his own #business is concerned, he may have bet on the wrong #horse .