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Balanced Reporting. Trusted Insights.
Saturday, April 12, 2025
The Senate early Saturday advanced a budget framework for sweeping tax and spending cuts after debating Democratic amendments on tariffs, Medicaid and the Supplemental Nutrition Assistance Program.
The budget reconciliation bill that congressional Republicans want to pass this year to enact President Donald Trump’s policy priorities and extend expiring tax cuts is emerging as a possible vehicle to enact portions of a new farm bill, including high reference prices.
As the House races to put together its budget resolution proposal, Republicans are still torn on how to use SNAP work requirements to pay for their agenda.
President Donald Trump’s nominee to helm the Office of the U.S. Trade Representative will appear before the Senate Finance Committee today in what promises to be a tariff-heavy hearing.
The Senate Agriculture Committee hears today from representatives from major agricultural sectors on the health of the farm economy. The hearing, which will feature almost a dozen witnesses, comes as farmers grapple with multiple economic threats.
The Senate Agriculture Committee is set to advance the nomination of Brooke Rollins as agriculture secretary this week, while the Senate Finance Committee will take up the far more controversial nomination of Robert F. Kennedy Jr. to be secretary of health and human services. USDA issues a new farm income forecast amid a new trade war.
President-elect Donald Trump insists he is not scaling back plans for an across-the-board tariff on U.S. imports, rejecting a Washington Post report suggesting aides are crafting a pared-down proposal.
Republicans are back in charge on both sides of Congress for the first time in six years, facing pressure to make good on President-elect Donald Trump’s tax and border policies and to prepare his slate of nominees for quick confirmation.
Democrats hope to get President Joe Biden’s Build Back Better bill to the finish line in December, but first they face a more urgent stalemate with Republicans ahead of Friday’s expiration of a stopgap funding bill.