Hill Republicans quake at Trump’s budget-busting wish list – Politico
President Donald Trump wants to rebuild the nations roads and bridges, boost military spending, slash taxes and build a great wall. But Republicans on Capitol Hill have one question for him: How the heck will we pay for all of this?
GOP lawmakers are fretting that Trumps spending requests, due out in a month or so, will blow a gaping hole in the federal budget ballooning the debt and undermining the partys doctrine of fiscal discipline.
Story Continued Below
Trump has signaled hes serious about a $1 trillion infrastructure plan, as he promised on the campaign trail. He also wants Republicans to approve extra spending this spring to build a wall along the U.S. southern border and beef up the military the combined price tag of which could reach $50 billion, insiders say. And thats to say nothing of tax cuts, which the presidents team has suggested need not necessarily be paid for.
Trump, meanwhile, has made clear he has little interest in tackling the biggest drivers of the national debt: entitlements. Republicans have been yearning to overhaul Medicare and Social Security for decades.
Even without Trumps pricey wish list, the nonpartisan Congressional Budget Office estimates the $19.9 trillion debt will grow by a further $9.4 trillion over the next decade if nothing changes.
I dont think you can do infrastructure, raise defense spending, do a tax cut, keep Medicare, Medicaid and Social Security just as they are, and balance the budget. Its just not possible, said Rep. Tom Cole (R-Okla.), a senior member of the House Budget Committee. Sooner or later, theyre going to come to grips with it because the numbers force you to.
Trumps staunchest allies in Congress counter that the president deserves some leeway to get something tangible done on jobs.
If there is a temporary increase in the deficit to get our economy growing, I think my fellow Republican members are willing to look at the long game, said Rep. Chris Collins (R-N.Y.), a Trump loyalist. A growing economy and growing our way to success and financial stability is what we want to see.
The contrasting views foreshadow a clash between adherents to Trumps big-spending populism and classic small-government conservatives. Republican lawmakers have to choose between embracing Trumps expensive agenda or pushing back and risking his wrath.
Hill GOP insiders on both sides of the Capitol told Politico the fiscal 2018 budget will easily be one of the toughest votes Congress takes this year. Thats especially true in the House, where the conference for years has rallied around budgets that balance in 10 years the gold standard for whether a fiscal blueprint is conservative enough. Now, many Republicans worry they wont get there because of Trumps unorthodox views on spending.
It was already going to be a herculean task in making the numbers work over a 10-year time frame; when you begin to add in transportation, walls, tax cuts, it becomes an impossible task, said Rep. Mark Sanford (R-S.C.). Were at the cusp of moving in the wrong direction. Its a problem.
Meanwhile, some Republicans on the House Budget Committee are floating the idea of changing the standard of success for a budget. Budget vice chairman Todd Rokita (R-Ind.) has been speaking to members about ditching the 10-year-balance metric for one that focuses on a debt-to-GDP ratio. Supporters of the idea say it would paint a more accurate measure of the nations long-term fiscal situation anyway, as savings from entitlement reforms arent often realized until the second decade and beyond not in the 10-year budget window.
The challenge to balance is going to be more difficult than ever. Thats all I have to say, Rokita said outside the House floor last week when asked about his proposed standard.
Spokesman William Allison said in a statement that Budget Chairwoman Diane Black (R-Tenn.) is committed to working towards a balanced budget.
The White House in the next two months will send Congress two major requests for money: a military spending bill that would take effect immediately upon passage, and a budget for next fiscal year. The latter will be a particularly tough lift because it traditionally includes a projection of government spending and debt over the next few decades.
Republicans are crossing their fingers that any requests for new spending will be offset with cuts. If not, the House Budget Committee will have to craft legislation to raise spending caps that have been in place for years. That could face stiff opposition from conservatives.
We would have several people opposed to lifting the caps, said Freedom Caucus Member Ral Labrador (R-Idaho). I am a fiscal conservative, and the biggest issue were facing in America right now is our debt. As Republicans, we better be consistent on this or were going to lose our base.
Outside conservative groups would also revolt if Republicans did away with the spending limits. Tim Phillips, who leads the Koch brothers-backed Americans for Prosperity, said discretionary spending has grown far too rapidly. We have to put a hard cap on growth, and if Republicans are going to be true to their rhetoric, they will agree to a hard cap on spending.
Trump also wants to slash taxes, which could reduce the amount of annual cash flowing to the Treasury. Republicans are concerned because they have few specifics on what kind of tax plan Trump wants and some administration officials have floated the idea of not paying for tax reductions. House Speaker Paul Ryans tax plan would be revenue-neutral, or not add to the deficit, but no one knows for sure what the final deal negotiated by Trump and congressional Republicans will look like.
Former Senate Majority Leader Trent Lott, a lobbyist who worked closely with Trumps transition team, said many of his corporate clients are lining up to oppose one of the biggest pay-fors put forward by Ryan: a new tax on imports, which the speaker estimates would generate $1 trillion.
The border adjustment tax is giving my clients serious heartburn. A lot of American companies, the poultry industry, the automobile industry, many others are worried about that, Lott said.
Republicans expect their leaders to argue that any spending, whether through appropriations or tax cuts, would ultimately pay for themselves by growing the economy by record amounts. Still, theyre not sure if that will get them to a balanced budget.
Rep. Charlie Dent: I certainly hope that we dont try to reconcile these increase expenditures on the backs of the discretionary programs." | AP Photo
Its possible some Republicans will seek to offset new spending with cuts to discretionary spending programs like the National Endowment for the Arts or agriculture programs something that worries many House Appropriations members like Rep. Charlie Dent (R-Pa.) .
I certainly hope that we dont try to reconcile these increase expenditures on the backs of the discretionary programs, he said.
Appropriators generally believe there is not enough fat to cut from discretionary programs to finance the level of new spending Trump is talking about. Most Republicans would rather turn to entitlement programs to find savings, but Trump has made clear he has no interest in going there.
Republicans are banking on outgoing Rep. Mick Mulvaney (R-S.C.), a fiscal hard-liner tapped by Trump to lead the Office of Management and Budget, to sell the president on the merits of entitlement reform.
I do know Mick Mulvaney knows the reality behind the numbers, Cole said. But Mick doesnt get to make the final call, thats the president. Its going to be fascinating.
Read the original here:
Hill Republicans quake at Trump's budget-busting wish list - Politico
- Republicans, not Democrats, hold fate of Trump nominees in their hands - The Washington Post - November 28th, 2024 [November 28th, 2024]
- Joy Reid sends message to Republicans ahead of Thanksgiving: 'Make your own dinner, MAGA' - Fox News - November 28th, 2024 [November 28th, 2024]
- Clean Energy Advocates and Businesses Wrestle With an Uncertain Future as Republicans Target IRA Funds - InsideClimate News - November 28th, 2024 [November 28th, 2024]
- In WA state Legislature, Democrats and Republicans are sticking with their leaders - Washington State Standard - November 28th, 2024 [November 28th, 2024]
- Trump promised to boost oil and gas. But what do other Republicans think? - WWNO - November 28th, 2024 [November 28th, 2024]
- Iowa Republicans form House higher education committee for long overdue review - Higher Ed Dive - November 28th, 2024 [November 28th, 2024]
- Republicans to file contest lawsuit over 21 missing ballots in Scott County - ABC 6 News KAAL TV - November 28th, 2024 [November 28th, 2024]
- Republicans push back against Democrats' claims that Trump intelligence pick Gabbard is compromised - The Associated Press - November 28th, 2024 [November 28th, 2024]
- Republicans Ponder: What if the Trump Tax Cuts Cost Nothing? - The New York Times - November 28th, 2024 [November 28th, 2024]
- Why Republicans think their Senate majority could last the decade: From the Politics Desk - NBC News - November 28th, 2024 [November 28th, 2024]
- Republicans Big Tax Challenge Is Fitting All Their Priorities in One Bill - The Wall Street Journal - November 28th, 2024 [November 28th, 2024]
- Vying to be next governor, Republicans wrangle over Trump - NJ Spotlight News - November 28th, 2024 [November 28th, 2024]
- Sarah McBride on bathroom issues: It is an attempt to distract by Republicans - POLITICO - November 28th, 2024 [November 28th, 2024]
- Republicans suddenly think the economys great and the election wasnt rigged - POLITICO - November 17th, 2024 [November 17th, 2024]
- Big voter turnout this year benefited Republicans, contradicting conventional political wisdom - The Associated Press - November 17th, 2024 [November 17th, 2024]
- A study found that Xs algorithm now loves two things: Republicans and Elon Musk - The Verge - November 17th, 2024 [November 17th, 2024]
- Cole says Republicans should be working with Trump to try and achieve his objectives - The Hill - November 17th, 2024 [November 17th, 2024]
- What They Are Saying: Republicans Disgusted by Trumps Ultra-MAGA Gut Punch With Gaetz Pick - Democrats.org - November 17th, 2024 [November 17th, 2024]
- The Disturbing Reason Senate Republicans Might Greenlight All of Trumps Nominees - Slate - November 16th, 2024 [November 16th, 2024]
- House elections produced a stalemate. Can Republicans figure out how to work with a thin majority? - The Associated Press - November 16th, 2024 [November 16th, 2024]
- House Republicans applaud Trump's picking Kennedy to lead HHS -- with a few concerns - ABC News - November 16th, 2024 [November 16th, 2024]
- Trump is already testing Congress and daring Republicans to oppose him - The Associated Press - November 16th, 2024 [November 16th, 2024]
- Republicans Are Leaving Office for Trump Posts. How Will the Vacancies Be Filled? - The New York Times - November 16th, 2024 [November 16th, 2024]
- Republicans retain their hold of the House, clinching full control of Congress - NPR - November 16th, 2024 [November 16th, 2024]
- NY Republicans may kill congestion pricing in Congress if Trump can't nix the tolls - Gothamist - November 16th, 2024 [November 16th, 2024]
- Trump is already testing Republicans, and some seem unwilling to defy him - The Washington Post - November 16th, 2024 [November 16th, 2024]
- Election 2024 highlights: Republicans win House majority of 218 seats - The Associated Press - November 16th, 2024 [November 16th, 2024]
- What Republicans could do with their power as they secure control of House and Senate - PBS NewsHour - November 16th, 2024 [November 16th, 2024]
- Republicans win the House and cement party trifecta for Trump - BBC.com - November 16th, 2024 [November 16th, 2024]
- New York Republicans now have an Elise Stefanik-sized void to fill - POLITICO - November 16th, 2024 [November 16th, 2024]
- Schumer to Republicans: Please dont do to us what we were going to do to you - Washington Examiner - November 16th, 2024 [November 16th, 2024]
- Republicans finally win the coveted trifecta - The Economist - November 16th, 2024 [November 16th, 2024]
- Republicans will retain House majority, CNN projects, completing GOPs dominance of Washington - CNN - November 16th, 2024 [November 16th, 2024]
- What Republicans are saying about Matt Gaetzs nomination for attorney general - The Associated Press - November 16th, 2024 [November 16th, 2024]
- Republicans Maintain House Majority, Clinching Trifecta of Government Control - TIME - November 16th, 2024 [November 16th, 2024]
- WATCH: House Republicans ready to deliver, Johnson says as GOP readies for new Trump era - PBS NewsHour - November 16th, 2024 [November 16th, 2024]
- House Republicans strike deal on motion to vacate, making it harder to oust speaker - ABC News - November 16th, 2024 [November 16th, 2024]
- Republicans Ran a Dysfunctional House. Voters Shrugged and Re-elected Them. - The New York Times - November 16th, 2024 [November 16th, 2024]
- Republicans begin picking their next leaders in Congress - NPR - November 16th, 2024 [November 16th, 2024]
- Republicans Try to Block Counting of Undated Ballots in Pennsylvania - Democracy Docket - November 16th, 2024 [November 16th, 2024]
- Republicans Win Control Of The HouseGiving Trump Unified Government - Forbes - November 16th, 2024 [November 16th, 2024]
- Column: Victorious Republicans are once again falling for the mandate trap - Los Angeles Times - November 16th, 2024 [November 16th, 2024]
- Republicans won the House. Now comes the hard part. - ABC News - November 16th, 2024 [November 16th, 2024]
- As Trump Staffs Up, House Republicans Watch Their Expected Majority Shrink - The New York Times - November 16th, 2024 [November 16th, 2024]
- Could Matt Gaetz Face GOP Revolt? What Senate Republicans Have Said - Newsweek - November 16th, 2024 [November 16th, 2024]
- Republicans on the verge of clinching control of the US House - The Guardian US - November 10th, 2024 [November 10th, 2024]
- Florida Republicans are thrilled about Susie Wiles with one big exception - POLITICO - November 10th, 2024 [November 10th, 2024]
- Women fear Republicans will move to overturn no-fault divorce laws - The Washington Post - November 10th, 2024 [November 10th, 2024]
- Democrats and Republicans agree on one thing: any lessons learned from Trump 2.0 will be immediately forgotten - The Guardian - November 10th, 2024 [November 10th, 2024]
- Republicans win control of the Senate; House remains up for grabs - NBC News - November 10th, 2024 [November 10th, 2024]
- Hill Republicans ready ambitious agenda as they hope for full sweep of Washington - CNN - November 10th, 2024 [November 10th, 2024]
- Republicans will flip the Senate, CNN projects, shifting balance of power in Washington - CNN - November 10th, 2024 [November 10th, 2024]
- Republicans flip the US Senate, ending three years of Democrat control - Al Jazeera English - November 10th, 2024 [November 10th, 2024]
- Republicans reassert their dominance in Texas - The Texas Tribune - November 10th, 2024 [November 10th, 2024]
- For Trump and Republicans in Congress, everything is in play on tax cuts - The Washington Post - November 10th, 2024 [November 10th, 2024]
- With Republicans Claiming the Senate and Possibly the House, Congress Expected to Reverse Course on Climate - InsideClimate News - November 10th, 2024 [November 10th, 2024]
- Missouri voted for abortion-rights amendment and Republicans who vow to overturn it - Missouri Independent - November 10th, 2024 [November 10th, 2024]
- Republicans Make Early Inroads in Their Fight to Keep the House Majority - The New York Times - November 10th, 2024 [November 10th, 2024]
- Harris Tried to Win Over Republicans. Democratic Support Collapsed Instead - Rolling Stone - November 10th, 2024 [November 10th, 2024]
- 'Republicans for Harris' Campaign Reported to FEC - Newsweek - November 10th, 2024 [November 10th, 2024]
- The Death of Never Trump Republicans? - U.S. News & World Report - November 10th, 2024 [November 10th, 2024]
- Georgia: how this pivotal swing state flipped back to the Republicans - The Conversation - November 10th, 2024 [November 10th, 2024]
- What Republicans can do with their new power and where theyll struggle - Semafor - November 10th, 2024 [November 10th, 2024]
- Republicans see possible path to total control of Washington - The Washington Post - November 10th, 2024 [November 10th, 2024]
- How close are Republicans to retaining the House? Results show it's tight - Scripps News - November 10th, 2024 [November 10th, 2024]
- Control of the Senate went to the Republicans but what about the House? - NBC New York - November 10th, 2024 [November 10th, 2024]
- Georgia Republicans, Trump campaign file lawsuit to halt counties 'illegally accepting' early voting ballots - Fox News - November 4th, 2024 [November 4th, 2024]
- Republicans' Chances of Winning the Senate, the House and the White House - Newsweek - November 4th, 2024 [November 4th, 2024]
- If Donald Trump wins, these are the Republicans he'll lean on to pass his priorities - USA TODAY - November 4th, 2024 [November 4th, 2024]
- I visited a deeply divided Pennsylvania and found Republicans repeating an enormous lie - The Guardian US - November 4th, 2024 [November 4th, 2024]
- Republicans supporting Harris say "Whisper Caucus" could swing the election - NC Newsline - November 4th, 2024 [November 4th, 2024]
- Opinion | Do Republicans like Trump in spite of what he says, or because of it? - The Washington Post - November 4th, 2024 [November 4th, 2024]
- Here Are the Republicans Voting For Harris Over Trump - TIME - November 4th, 2024 [November 4th, 2024]
- Republicans probably will try to repeal CHIPS Act that drew Micron to Central NY, House speaker says - syracuse.com - November 4th, 2024 [November 4th, 2024]
- Opinion | My Fellow Republicans, Its Time to Say Enough With Trump - The New York Times - November 4th, 2024 [November 4th, 2024]
- Kansas Republicans welcome surge in advance voting after adopting Democratic Party tactic - Kansas Reflector - November 4th, 2024 [November 4th, 2024]
- Republicans are betting big on trans issues. Following through could prove harder. - POLITICO - November 4th, 2024 [November 4th, 2024]
- Republicans Closing Argument: We Will Wreck the Economy - Bloomberg - November 4th, 2024 [November 4th, 2024]
- 'Obamacare' enrollment opens, as Republicans threaten the health insurance program used by millions - The Associated Press - November 4th, 2024 [November 4th, 2024]
- Johnson vows health care overhaul if Republicans win in November elections - CNN - November 4th, 2024 [November 4th, 2024]