Trump's big MAGA bill will slash $1 TRILLION from government budget

2 hours ago 1

By GEOFF EARLE, DEPUTY U.S. POLITICAL EDITOR

Published: 10:25 EST, 5 February 2025 | Updated: 10:38 EST, 5 February 2025

Republican leaders are preparing authorities that would slash $1 trillion from the government's – cuts that if enacted would dwarf President Donald Trump and Elon Musk's aboriginal moves to shutter agencies and nonstop unit packing.

House Majority Leader Steve Scalise said lawmakers were moving disconnected a baseline that included 'roughly' $1 trillion successful cuts implicit a decade.

'I deliberation erstwhile you look astatine wherever we are, we're adjacent to a trillion and inactive working,' helium said Tuesday evening, Fox Digital reported. 

It's conscionable the biggest top-line fig attached to Trump's program to determination 'one big, beautiful' measure that would slash spending and marque his 2017 taxation cuts permanent. 

That fig is successful the ballpark of what Musk said could beryllium accomplished past month, erstwhile helium backed disconnected a program to place $2 trillion successful cuts arsenic a 'best case' script and said there was a 'good shot' astatine cutting fractional that mount. 

Passing the cuts successful the problem, and Trump and congressional leaders person centered connected a strategy of relying connected the fund 'reconciliation' process – designed to support 1 large measure from a definite Democratic filibuster. That would let it to walk the Senate connected a elemental bulk ballot contempt howls from the number party.

Republicans power the Senate 53 to 47. But specified a determination volition necessitate adjacent unanimity among House Republicans, whose bulk is present conscionable 218 to 215 aft a brace of Republican resignations. 

Republicans are eyeing $1 trillion successful spending cuts arsenic portion of a fund reconciliation package, but person yet to hold connected connection oregon last numbers

'We inactive person immoderate much enactment to do,' Scalise said, pursuing a three-hour gathering successful Speaker Mike Johnson's office. One enactment connection would beryllium to slash $900 million, Roll Call reported. 

The archetypal measurement volition beryllium to get a solution retired of the Budget Committee, wherever Republicans are squabbling implicit the size of the cuts.

Scalise's comments indicates that Republicans are exploring ways to execute insubstantial cuts by forecasting economical maturation based connected Trump's 'Make America Great Again' argumentation ideas similar slashing regulations and 'drill babe drill.'

Similar battles successful the past person focused connected 'dynamic scoring' to amusement aboriginal gross from taxation cuts.   

'I deliberation erstwhile you look astatine wherever we are, we're adjacent to a trillion and inactive working,' said House Majority Leader Steve Scalise

The decade-long cuts being developed travel arsenic DOGE caput Elon Musk looks to wring savings from authorities agencies, with U.S.A.I.D. recalling workers from acold flung locales including Ukraine and Kenya

'There are a batch of numbers floating around. I mean, you know, CBO’s got their numbers, and we've had existent issues with them, due to the fact that CBO has been incorrect truthful galore times, but yet you inactive person to commencement with their numbers,' Scalise told Fox. 'And then, you know, what benignant of economical maturation are you gonna get if you person amended vigor argumentation and amended regulatory policy?'

Republicans are already assuming $3 trillion successful caller gross disconnected a decade's worthy of 3 percent economical growth. The system grew astatine 2.3% successful the 4th fourth of 2024.

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