WASHINGTON (AP) — House Republicans narrowly approved their budget framework Thursday, a political turnaround after Speaker Mike Johnson worked into the night to satisfy GOP holdouts who had refused to advance trillions of dollars in tax breaks without deeper spending cuts.
Johnson stood with Senate Majority Leader John Thune early in the morning at the Capitol to shore up President Donald Trump’s “big, beautiful bill,” and they committed to seeking at least $1.5 trillion in cuts to federal programs and services. The speaker had abruptly halted voting Wednesday night.
“I told you not to doubt us,” Johnson, R-La., said afterward.
He acknowledged the week’s economic turmoil as the financial markets “have
→ Continue reading at The Associated Press