No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, June 5, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

A Big Win for Trump in The Senate

by TheAdviserMagazine
5 hours ago
in Business
Reading Time: 4 mins read
A A
A Big Win for Trump in The Senate
Share on FacebookShare on TwitterShare on LInkedIn


But a handful of Republicans either joined Democrats or strongly considered doing so, and this first vote of the day was held open for nearly three hours. Republicans Susan Collins of Maine, Jon Husted of Ohio, and Alaska’s Dan Sullivan voted for it, along with all the Democrats. That left just Bill Cassidy, the recently primaried senator from Louisiana, who reportedly spent the three hours threatening to vote aye if he didn’t get his own amendment to redirect the fund instead. Had Cassidy crossed the aisle, it would almost certainly have proven a poison pill, killing the reconciliation bill right there. The amendment would pass, but the final bill almost certainly wouldn’t – unless all the Democrats and those four Republicans all supported it.

But Cassidy eventually voted against it and began working on his own amendment to redirect the whole $1.766 billion to members of law enforcement “who suffered injury or economic loss while defending the United States Capitol on Jan. 6, 2021,” only for Senate Parliamentarian Elizabeth MacDonough to single-handedly kill it. She ruled the Cassidy amendment would need 60 votes to be adopted, and the final vote was 52-47, with six Republicans – Cassidy included – and all 46 present Democrats voting for it.

The night continued largely along those lines, with Democrats and even a handful of Republicans trying to wrest spending authority from the president in some form or fashion. More than a half dozen focused on blocking or redirecting the anti-weaponization fund, one sought to block funding for the White House ballroom, two more would redirect ICE funding to DACA recipients, and another pair would fund housing initiatives instead. One amendment even targeted Trump’s new choice for director of national intelligence by seeking to prohibit anyone from serving as DNI “if such individual is simultaneously serving as the head of any other Federal department or agency.”

On a less anti-Trump note, two amendments were also made – though subsequently shot down – to effectively add the SAVE Act to the reconciliation bill and require citizen-only voting and voter ID nationally.

Ultimately, however, all amendment attempts failed and, as Sen. Lindsey Graham (R-SC) said at the time: “Almost 19 hours later, we’re actually gonna talk about the bill and what’s in it.”

“What we’re about to do is fund the Border Patrol and ICE through the entire Trump term – because you wouldn’t help us,” the South Carolina senator said. “America will be safer. I ask for adoption of this amendment.” The roll was then called, and within ten minutes, all 99 present senators had cast their ballots. Every Republican but Alaska’s Lisa Murkowski voted in favor, and all 46 present Democrats and independents joined her in voting against it for a final result of 52-47. Sen. Michael Bennet (D-CO) was not present.

All the Other Issues

Notably, this marathon session wasn’t just about passing a reconciliation bill to fund ICE and Border Patrol. There was also an attempt at passing, effectively, the SAVE Act. Three Republicans – Alaska’s Lisa Murkowski, Kentucky’s Mitch McConnell, and Thom Tillis of North Carolina – voted with all the Democrats against the first attempt to modify election law, and all three of them, plus Susan Collins of Maine, did the same in the second attempt. A half-dozen Republicans at different times split from the majority to try to defund or redirect the anti-weaponization fund or to block funding for the ballroom, as well.

Finally, after the reconciliation bill squeaked by just shy of 5 a.m., Senate Majority Leader John Thune (R-SD) called for a vote on a motion to proceed to the House message on FISA reauthorization – which is presently set to expire on June 12. Forty-seven Republicans were ready – but seven weren’t and joined the full roster of Democrats voting against taking up the bill. Though, after 19-and-a-half hours of arguing and voting, that could simply mean they were tired and ready to go home! Notably, though, the Senate won’t reconvene until June 8 at 3 p.m. – which doesn’t leave a lot of time to hammer out a FISA deal.

The news of the night was concerning for President Trump – especially considering that four House Republicans had crossed the aisle just a day earlier to help Democrats pass a war powers resolution against him over Iran. Overall, however, it’s a win for the president, as the reconciliation bill he so desired passed.

Now it moves on to the House. There was a time when the outcome there might have seemed a foregone conclusion. After the tough time it had in the Senate, however, and the outrage across both parties in both chambers over the IRS settlement and the war powers vote, its fate is far from certain.

What is a reconciliation bill?

A reconciliation bill is a special procedure that allows the Senate’s 60-vote filibuster rule to be bypassed – but only on certain types of fiscal issues.

How does a reconciliation bill work?

Reconciliation bills pass by simple majority (51 votes) and can’t be filibustered – but there are a few catches. The legislation is limited to only provisions that directly affect federal spending, revenues, or the debt ceiling; it’s subject to unlimited amendments up to a certain time limit; and it can only be used so many times.

How often can a reconciliation bill be used?

Reconciliation can technically be used three times per fiscal year – once for federal spending, once for the statutory debt limit, and once for taxes – but, because of the difference between calendar years and fiscal years, there could be more in a single legislative session. Most of the time, however, it’s used only once or twice a year.



Source link

Tags: bigSenateTrumpWin
ShareTweetShare
Previous Post

“Se Vende Todo”: Javier Milei Seeks to Allow UNLIMITED Sale of Argentine Land to Foreign Investors

Next Post

Where investors may find the next ‘big wave’ for AI trade

Related Posts

edit post
Glee star Jane Lynch says career success isn’t about a 10-year plan: ‘Life has its own timeline’

Glee star Jane Lynch says career success isn’t about a 10-year plan: ‘Life has its own timeline’

by TheAdviserMagazine
June 5, 2026
0

Jane Lynch may be a Hollywood mainstay today, but the Glee star had no career plan after college and didn’t...

edit post
The contradiction of ‘monoculture’: the word Americans now use to mourn Colbert’s finale and describe how AI is damaging creative output

The contradiction of ‘monoculture’: the word Americans now use to mourn Colbert’s finale and describe how AI is damaging creative output

by TheAdviserMagazine
June 5, 2026
0

When “The Late Show with Stephen Colbert” aired its final episode on May 21, 2026, critics lamented more than the...

edit post
New Study Shows More Armed Civilians and Less Crime – Who Knew?

New Study Shows More Armed Civilians and Less Crime – Who Knew?

by TheAdviserMagazine
June 5, 2026
0

At the core of the ongoing debate between pro- and anti-gun rights activists are statistics. Both sides use crime statistics...

edit post
Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plant

Tata Steel shares fall 3% after fire breaks out at UK’s Port Talbot plant

by TheAdviserMagazine
June 5, 2026
0

The shares of metals major Tata Steel dropped nearly 3% on Friday after a fire broke out at the company’s...

edit post
Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision

Rupee rises 50 paise to 95.24 against US dollar post RBI policy decision

by TheAdviserMagazine
June 5, 2026
0

The rupee appreciated 50 paise to 95.24 against the US dollar on Friday after the RBI liberalised norms for FPI...

edit post
Planet forecasts FY2027 revenue of 5M-1M as it targets Rule of 40 (NYSE:PL)

Planet forecasts FY2027 revenue of $425M-$441M as it targets Rule of 40 (NYSE:PL)

by TheAdviserMagazine
June 5, 2026
0

Earnings Call Insights: Planet Labs PBC (PL) Q1 fiscal 2027 Management view "Planet had another excellent quarter, delivering record revenue...

Next Post
edit post
Where investors may find the next ‘big wave’ for AI trade

Where investors may find the next 'big wave' for AI trade

edit post
US Added 172,000 Jobs in May. What It Means for the Economy.

US Added 172,000 Jobs in May. What It Means for the Economy.

  • Trending
  • Comments
  • Latest
edit post
Supreme Court Delivers More Bad Redistricting News for Democrats

Supreme Court Delivers More Bad Redistricting News for Democrats

May 19, 2026
edit post
From Maine to Michigan, Democrats Are Making Communism Great Again

From Maine to Michigan, Democrats Are Making Communism Great Again

May 16, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
Red Snapper Used as Cudgel by Fed Judge

Red Snapper Used as Cudgel by Fed Judge

May 31, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Glee star Jane Lynch says career success isn’t about a 10-year plan: ‘Life has its own timeline’

Glee star Jane Lynch says career success isn’t about a 10-year plan: ‘Life has its own timeline’

0
edit post
How to Earn Passive Income and What It Means for Your Taxes –

How to Earn Passive Income and What It Means for Your Taxes –

0
edit post
A Big Win for Trump in The Senate

A Big Win for Trump in The Senate

0
edit post
US Added 172,000 Jobs in May. What It Means for the Economy.

US Added 172,000 Jobs in May. What It Means for the Economy.

0
edit post
Charles Lee: The Alternative “George Washington” You’ve Probably Never Heard Of

Charles Lee: The Alternative “George Washington” You’ve Probably Never Heard Of

0
edit post
Grayscale Files For Canton Coin ETF After Hyperliquid ETF Success

Grayscale Files For Canton Coin ETF After Hyperliquid ETF Success

0
edit post
Glee star Jane Lynch says career success isn’t about a 10-year plan: ‘Life has its own timeline’

Glee star Jane Lynch says career success isn’t about a 10-year plan: ‘Life has its own timeline’

June 5, 2026
edit post
Grayscale Files For Canton Coin ETF After Hyperliquid ETF Success

Grayscale Files For Canton Coin ETF After Hyperliquid ETF Success

June 5, 2026
edit post
US Added 172,000 Jobs in May. What It Means for the Economy.

US Added 172,000 Jobs in May. What It Means for the Economy.

June 5, 2026
edit post
Where investors may find the next ‘big wave’ for AI trade

Where investors may find the next ‘big wave’ for AI trade

June 5, 2026
edit post
A Big Win for Trump in The Senate

A Big Win for Trump in The Senate

June 5, 2026
edit post
“Se Vende Todo”: Javier Milei Seeks to Allow UNLIMITED Sale of Argentine Land to Foreign Investors

“Se Vende Todo”: Javier Milei Seeks to Allow UNLIMITED Sale of Argentine Land to Foreign Investors

June 5, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Glee star Jane Lynch says career success isn’t about a 10-year plan: ‘Life has its own timeline’
  • Grayscale Files For Canton Coin ETF After Hyperliquid ETF Success
  • US Added 172,000 Jobs in May. What It Means for the Economy.
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.