Welt Hok
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Welt Hok
No Result
View All Result
Home Latest News

House Budget chairman explains why there’s no ‘pork’ in Trump tax bill after Elon Musk attacks

admin by admin
June 6, 2025
in Latest News
0
House Budget chairman explains why there’s no ‘pork’ in Trump tax bill after Elon Musk attacks
NEWYou can now listen to Fox News articles!

The chairman of the House Budget Committee is pushing back on Elon Musk’s claim that President Donald Trump’s ‘big, beautiful bill’ is full of ‘pork.’

Chairman Jodey Arrington, R-Texas, told Fox News Digital it was not possible for ‘pork barrel spending’ to be included in the legislation, called a budget reconciliation bill, because the reconciliation process was simply not the mechanism for such federal funds.

‘Reconciliation does not have anything to do with discretionary spending – earmarks, and all of that,’ Arrington said. ‘And quite frankly, the [Department of Government Efficiency] findings were, I think, almost entirely an issue for . . . annual appropriations.’

‘Discretionary spending’ refers to the annual dollars allocated by Congress each year through the appropriations process – also known as ‘spending bills.’ 

It’s a process that’s historically known to be rife with ‘pork barrel spending’ from both Republicans and Democrats – funding for pet projects or other specific initiatives benefiting a certain member of Congress’ district.

But reconciliation deals with the government’s ‘mandatory spending’ – largely government welfare programs that can only be amended by changing the law.

‘We’re dealing with mandatory spending programs – entitlements, health care, welfare and the tax code,’ Arrington said. 

‘We did a responsible bill. There’s no pork in it. The question, I think, for some folks and the objective of mine and my budget committee members was, whatever we’re doing on tax or security to unleash growth and to buy greater security for the American people, we wanted it to be done in a fiscally responsible way.’

Senior White House adviser Stephen Miller echoed that sentiment on X: ‘The reconciliation bill cuts taxes, seals the border and reforms welfare. It is not a spending bill. There is no ‘pork.’ It is the campaign agenda codified.’

The vast majority of the trillions of dollars in the bill are aimed at Trump’s tax policies – extending his 2017 Tax Cuts and Jobs Act (TCJA) while implementing new priorities like eliminating taxes on tips and overtime wages.

There’s also $4 trillion in House Republicans’ versions of the bill aimed at raising the debt limit.

The legislation is also aimed at amending current laws to enable new funding for border security and Immigrations and Customs Enforcement (ICE) – projected to boost those priorities by billions of dollars.

To offset those costs, House GOP leaders are seeking stricter work requirements for Medicaid and food stamps, while shifting more of the cost burden for both programs to the states.

Republicans are also looking to roll back green energy tax subsidies in former President Joe Biden’s Inflation Reduction Act (IRA).

But Musk and other fiscal hawks’ main concern has been that the legislation does not go far enough with those spending cuts.

They’ve also raised concerns about the overall bill adding to the national debt – which is currently nearing $37 trillion.

As part of his social media campaign against the bill, Musk called for both eliminating the tax cuts and removing the debt limit increase from the final legislation.

Musk reposted another X user who wrote, ‘Drop the tax cuts, cut some pork, get the bill through.’

He’s also shown support on X for Sen. Rand Paul, R-Ky., and his call to strip the debt limit provision out of the bill.

The nonpartisan Congressional Budget Office (CBO) has projected that the bill would cut taxes by $3.7 trillion while raising deficits by $2.4 trillion over a decade.

This post appeared first on FOX NEWS
Previous Post

Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

Next Post

Claim Trump nixed top Musk ally from NASA post over Dem donations belied by ex-Dems on team

Next Post
Claim Trump nixed top Musk ally from NASA post over Dem donations belied by ex-Dems on team

Claim Trump nixed top Musk ally from NASA post over Dem donations belied by ex-Dems on team

  • Trending
  • Comments
  • Latest
Trade Surplus: Key Insights and Impacts on Currency

Trade Surplus: Key Insights and Impacts on Currency

August 30, 2024
Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

January 3, 2025
House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

January 9, 2025
Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

January 5, 2025
TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

0
Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

0
Biden nearly died of an aneurysm. Risky surgery changed his life.

Biden nearly died of an aneurysm. Risky surgery changed his life.

0
Stellar and Bitcoin Cash: Stellar still in a bearish trend

Stellar and Bitcoin Cash: Stellar still in a bearish trend

0
TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

June 7, 2025
Deadly drone wars are already here and the US is horribly unprepared

Deadly drone wars are already here and the US is horribly unprepared

June 7, 2025
FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

June 7, 2025
‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

June 7, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • Trending
    • Comments
    • Latest
    Trade Surplus: Key Insights and Impacts on Currency

    Trade Surplus: Key Insights and Impacts on Currency

    August 30, 2024
    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    January 3, 2025
    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    January 9, 2025
    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    January 5, 2025
    TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

    TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

    0
    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    0
    Biden nearly died of an aneurysm. Risky surgery changed his life.

    Biden nearly died of an aneurysm. Risky surgery changed his life.

    0
    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    0
    TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

    TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

    June 7, 2025
    Deadly drone wars are already here and the US is horribly unprepared

    Deadly drone wars are already here and the US is horribly unprepared

    June 7, 2025
    FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

    FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

    June 7, 2025
    ‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

    ‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

    June 7, 2025

    Top News

    TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

    TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

    June 7, 2025
    Deadly drone wars are already here and the US is horribly unprepared

    Deadly drone wars are already here and the US is horribly unprepared

    June 7, 2025

    Latest News

    • TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout
    • Deadly drone wars are already here and the US is horribly unprepared
    • FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

    About Welthok

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 welthok.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 welthok.com | All Rights Reserved