Latest news with #Thune
Yahoo
2 hours ago
- Politics
- Yahoo
Thune not sure what authority Trump using to deploy Marines to Los Angeles
Senate Majority Leader John Thune (R-S.D.) supports President Trump's deployment of federal resources to quell the riots in Los Angeles, but he's not sure what authorities Trump is relying on to deploy 700 active-duty Marines to a U.S. city. 'I don't know the particulars on what authorities exist there but my assumption is that the administration has been looking carefully at what he can and can't do under the law. Obviously, the 1798 Act is available to them if they choose to exercise it,' Thune said, citing the Alien Enemies Act of 1798, which authorizes the president during a declared war, invasion or predatory incursion to detain and deport citizens of an enemy nation. Thune argued that a federal response was warranted because local authorities failed to contain property destruction and the threat of violence. 'In this case at least there were clear just failures on the part of state and local officials, which is why I think it required the president to take a federal response,' he told reporters. 'There was a security situation out there that needed to be addressed and I think ultimately the president's objective is to keep people safe.' The Pentagon on Monday ratcheted up the federal response to immigration enforcement protests by mobilizing 700 active-duty Marines. Trump has also deployed 4,000 National Guard soldiers to the area — doubling the 2,000 he initially mobilized. California Gov. Gavin Newsom (D) and Los Angeles Mayor Karen Bass (D) insist the situation was under control before the Trump administration escalated tensions by making a provocative show of force. Newsom accused Trump of 'intentionally causing chaos, terrorizing communities and endangering the principles of our great democracy.' He said Sunday that Trump had taken over the California National Guard because 'they want a spectacle.' Bass said over the weekend that deploying the National Guard was 'completely unnecessary' and would escalate tensions. She argued that the Los Angeles Police Department was 'well equipped' to handle protests of actions by the Immigration and Customs Enforcement. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
2 hours ago
- Business
- Yahoo
House Republicans warn Thune over megabill 'budget gimmicks'
Thirty-eight House Republicans are warning Senate leaders against using "budget gimmicks" as they revise President Donald Trump's "big, beautiful bill,' adding a new red line as GOP lawmakers clash over the scope of tax cuts. The Republicans, led by House Budget Vice Chair Lloyd Smucker (R-Pa.), told Senate Majority Leader John Thune in a letter Tuesday that 'that any additional tax cuts" in the party's megabill "must be matched dollar for-dollar by real, enforceable spending reductions.' House lawmakers who signed the letter include Republican Conference Vice Chair Blake Moore of Utah, House Budget Chair Jodey Arrington of Texas and House Freedom Caucus Chair Andy Harris of Maryland. It's the latest power play orchestrated by Smucker, who in May successfully mobilized 32 colleagues to compel House leadership to commit to finding additional spending cuts to meet overarching deficit reduction targets — if Republicans also enact additional tax cuts in their larger domestic policy package. Smucker's new letter, obtained first by POLITICO, is now seeking to squeeze the other chamber as Thune and his top lieutenants are scrambling to strike a balance between making changes to the House-passed product that senators can support without losing the necessary votes across the Capitol. 'We recognize the Senate will have its own say to make changes to the bill, and we welcome amendments that increase verifiable savings and make the overall package even more sustainable,' the House Republicans wrote in their letter, sent Tuesday to Thune. 'Additional spending reduction strengthens the bill and the nation alike. What cannot change is the architecture established by the House framework.' Specifically, Smucker and his allies want Thune to adhere to the same structure of the House bill, while also disavowing accounting tactics like 'timing shifts' to artificially reduce the cost of the bill and instead find 'genuine savings.' 'Pairing tax relief with spending restraint preserves investor confidence, reins in interest costs, and maximizes economic growth from the bill,' the members said. In both the House and the Senate, Republican leaders can only lose three votes and still pass the measure along party lines. Senate Republicans are mulling significant changes to the House-passed border, energy and tax package, central to enacting President Donald Trump's vast legislative agenda, that would inevitably increase the measure's deficit impact. Thune is fielding concerns from an ideologically diverse group of senators looking to scale back the House's Medicaid cuts, a major source of cost-savings. At the same time, Senate Finance Republicans are mounting a big push to make three business tax cuts permanent, which would add hundreds of billions in red ink. But the House Republicans are also reminding Thune about an amendment crafted by Smucker to the budget resolution, which set parameters for the massive domestic policy package in the House. That amendment tied the amount of tax cuts to spending cuts in the legislation. For instance, if House Republicans were to settle on slashing spending by $1.5 trillion, then they can enact tax cuts worth no more than $4 trillion. The tax cuts enacted by the House-passed bill currently amount to around $3.8 trillion, according to the latest estimate from the Joint Committee on Taxation. 'A reconciliation bill that relaxes fiscal discipline reflected in the House-passed bill would invite higher borrowing costs and undermine the economic growth that Americans need to maximize opportunity,' the new letter to Thune reads. House Republicans aren't the only ones anxious. Deficit hawks in the Senate, like Ron Johnson of Wisconsin, are closely watching the bond markets, which experienced significant volatility after the House passed the domestic policy legislation in May. It's a sign that investors are likely also worried the GOP's marquee legislation could worsen the nation's fiscal trajectory. 'The bond market's pretty forward-looking, so I think we've already seen the reaction,' said Johnson, who is pushing for deeper spending cuts in the bill, in a brief interview on Monday. 'To the extent we can improve, it might react positively.'
Politico
3 hours ago
- Business
- Politico
House Republicans warn Thune over megabill ‘budget gimmicks'
Thirty-eight House Republicans are warning Senate leaders against using 'budget gimmicks' as they revise President Donald Trump's 'big, beautiful bill,' adding a new red line as GOP lawmakers clash over the scope of new tax cuts. The Republicans, led by House Budget Vice Chair Lloyd Smucker (R-Pa.), told Senate Majority Leader John Thune in a letter Tuesday that 'that any additional tax cuts' in the party's megabill 'must be matched dollar for-dollar by real, enforceable spending reductions.' House lawmakers who signed the letter include Republican Conference Vice Chair Blake Moore of Utah, House Budget Chair Jodey Arrington of Texas and House Freedom Caucus Chair Andy Harris of Maryland. It's the latest power play orchestrated by Smucker, who in May successfully mobilized 32 colleagues to compel House leadership to commit to finding additional spending cuts to meet overarching deficit reduction targets — if Republicans also enact additional tax cuts in their larger domestic policy package. Smucker's new letter, obtained first by POLITICO, is now seeking to squeeze the other chamber as Thune and his top lieutenants are scrambling to strike a balance between making changes to the House-passed product that senators can support without losing the necessary votes across the Capitol. 'We recognize the Senate will have its own say to make changes to the bill, and we welcome amendments that increase verifiable savings and make the overall package even more sustainable,' the House Republicans wrote in their letter, sent Tuesday to Thune. 'Additional spending reduction strengthens the bill and the nation alike. What cannot change is the architecture established by the House framework.' Specifically, Smucker and his allies want Thune to adhere to the same structure of the House bill, while also disavowing accounting tactics like 'timing shifts' to artificially reduce the cost of the bill and instead find 'genuine savings.' 'Pairing tax relief with spending restraint preserves investor confidence, reins in interest costs, and maximizes economic growth from the bill,' the members said. In both the House and the Senate, Republican leaders can only lose three votes and still pass the measure along party lines.
The Hill
6 hours ago
- Politics
- The Hill
Thune not sure what authority Trump using to deploy Marines to Los Angeles
Senate Majority Leader John Thune (R-S.D.) supports President Trump's deployment of federal resources to quell the riots in Los Angeles, but he's not sure what authorities Trump is relying on to deploy 700 active-duty Marines to a U.S. city. 'I don't know the particulars on what authorities exist there but my assumption is that the administration has been looking carefully at what he can and can't do under the law. Obviously, the 1798 Act is available to them if they choose to exercise it,' Thune said, citing the Alien Enemies Act of 1798, which authorizes the president during a declared war, invasion or predatory incursion to detain and deport citizens of an enemy nation. Thune argued that a federal response was 'warranted' because local authorities failed to contain property destruction and the threat of violence. 'In this case at least there were clear just failures on the part of state and local officials, which is why I think it required the president to take a federal response,' he told reporters. 'There was a security situation out there that needed to be addressed and I think ultimately the president's objective is to keep people safe.' The Pentagon on Monday ratcheted up the federal response to immigration enforcement protests by mobilizing 700 active-duty Marines. Trump has also deployed 4,000 National Guard soldiers to the area — doubling the 2,000 he initially mobilized. California Gov. Gavin Newsom (D) and Los Angeles Mayor Karen Bass (D) insist the situation was under control before the Trump administration escalated tensions by making a provocative show of force. Newsom accused Trump of 'intentionally causing chaos, terrorizing communities and endangering the principles of our great democracy.' He said Sunday that Trump had taken over the California National Guard because 'they want a spectacle.' Bass said over the weekend that deploying the National Guard was 'completely unnecessary' and would escalate tensions. She argued that the Los Angeles Police Department was 'well equipped' to handle protests of actions by the Immigration and Customs Enforcement.
The Hill
a day ago
- Business
- The Hill
Trump's ‘big, beautiful' deadline slips
The Big Story President Trump's July 4 deadline for signing the bill is slipping away as GOP senators battle one another over spending cuts and other issues in the House-passed bill. © Greg Nash But Thune wants to get the legislation back on track by convening small working groups to hash out key components of the bill, according to Republicans familiar with his plan. Thune is hoping to build enough momentum in the Senate's various committees that the components of the bill come together in a grand compromise by the end of the month. But rank-and-file senators who have some of the strongest objections to the legislation have yet to see key pieces of text. And Elon Musk's scathing criticism of the bill as a 'mountain of disgusting pork' is creating political headwinds for the legislation. 'Thune's going to do the same thing he did for other things where folks have deeper issues: He'll put small groups together. No one is going to be able to say they weren't listened to,' the GOP senator said. Read more here. Welcome to The Hill's Business & Economy newsletter, I'm Sylvan Lane — covering the intersection of Wall Street and Pennsylvania Avenue. Did someone forward you this newsletter? Subscribe here. Essential Reads Key business and economic news with implications this week and beyond: Amazon to invest $20 billion in Pennsylvania data centers Amazon plans to invest at least $20 billion to build out two data centers in Pennsylvania, the e-commerce and cloud computing giant announced Monday alongside Keystone State leaders. Trump touts investments for newborns in reconciliation bill President Trump hosted a roundtable event to tout an initiative in Republicans' massive reconciliation package that would provide $1,000 for newborn babies to be put into an investment account. Waymo halts service in LA after robotaxis set ablaze Waymo has halted its robotaxi service in Los Angeles after multiple self-driving cars were set ablaze as protests over federal immigration raids unfolded in the city. Tax Watch British ambassador to US pans 'revenge tax' British Ambassador to the U.S. Peter Mandelson is appealing to Congress to think again about the proposed new retaliatory tax on certain foreign investment in the U.S. 'I think that there's something wrong in principle that you should punish a country's businesses and individuals in America because you don't like what their governments are doing at home,' Mandelson said of Section 899 of the House's 'big, beautiful bill' to implement Trump's agenda. Section 899 would create a retaliatory tax on nationals of countries that impose 'unfair foreign taxes' on American businesses. 'If you've got an argument with their governments, then take it out on the governments. Don't take it out on the businesses and the individuals,' he added. Mandelson also believes this new foreign investor tax is 'counterproductive' for the United States. — Sarakshi Rai Tax Watch is a regular feature focused on the fight over tax reform and extending the 2017 Trump tax cuts this year. Email a tip The Ticker Upcoming news themes and events we're watching: In Other News Branch out with more stories from the day: Apple unveils software redesign while reeling from AI missteps, tech upheaval and Trump's trade war CUPERTINO, Calif. (AP) — After stumbling out of the starting gate in Big Tech's pivotal race to capitalize … Good to Know Business and economic news we've flagged from other outlets: What Others are Reading Top stories on The Hill right now: Mark Green to resign from House after final vote on 'big, beautiful bill' Rep. Mark Green (R-Tenn.) on Monday said he plans to resign from Congress after the House holds a final vote on the party's 'big, beautiful bill,' giving up his seat as well as his leadership post on the House Homeland Security Committee. Read more Pam Bondi's brother crushed in DC Bar Association election Brad Bondi, the brother of Attorney General Pam Bondi, overwhelmingly lost his bid to lead the D.C. Bar Association in a race with record turnout, the organization announced Monday. Read more What People Think Opinions related to business and economic issues submitted to The Hill: You're all caught up. See you tomorrow!
