-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
De Minaur beats teen Hewitt in all-Aussie Washington clash
-
Turkey battles wind-fuelled wildfires on tourist coasts
-
Davies completes Commonwealth double in 5,000m, LaFond leaps to historic Dominica gold
-
Venezuela begins demolishing buildings in quake zone
-
Blowout Microsoft results lift US stocks as oil retreats
-
Grynspan ahead in process to pick next UN chief: diplomats
-
De Minaur beats teen Hewitt in Washington all-Aussie clash
-
Thitikul leads from history-chasing Ryu at women's British Open
-
England's Stones joins Inter Milan on free transfer
-
Hundreds of migrants flood into Spain's Ceuta exclave from Morocco
-
Renewed Iran war raises US missile supply concerns
-
French minister defends expulsion order against Russian commentator
-
Nobel Peace Prize winner Murad says justice for Yazidis far too slow
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
Mexico escalates war against smelly seaweed on Caribbean beaches
-
UK's highest court to hear Palestine Action's appeal against ban
-
Selection process for next UN chief under way
-
Hundreds of migrants swim to Spain's Ceuta territory from Morocco
-
UEFA says will boycott World Cup if FIFA pushes private investor proposal
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Volunteers rush to feed scared animals in fire-stricken France
-
UEFA says will boycott World Cup over FIFA proposals
-
Russian missile strike destroys family home, 10 feared dead
-
Rashford says final goodbye to Barcelona ahead of Man Utd return
-
Djokovic to make return at Cincinnati Masters
-
History-chasing Ryu sets pace at women's British Open
-
Selection process for next UN chief begins
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
France, Spain eye wildfire reprieve as other blazes start up in Europe
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Turkey confronts growing wildfires on tourist coasts
-
Atletico complain to FIFA over Barca's Alvarez approach
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
Russia blamed for missile that blasted crater in Polish field
-
Musk plans major Republican midterm spending push: report
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
Howe set to leave Newcastle, with Al-Ahli's Jaissle to take over: reports
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Ugandan opposition leader in intensive care: wife
-
Grealish hits back over Man City tour snub claims
-
France firefighters hopeful, as Spain ends national emergency
-
Firefighters battle to contain deadly Crete blaze in Greece
-
Stocks diverge on earnings, as oil steadies
US House passes budget blueprint geared to deliver Trump's agenda
The US House of Representatives passed on Tuesday a budget blueprint designed to deliver President Donald Trump's hardline agenda on immigration, tax reform and deep government spending cuts.
It was the first real test of Trump's agenda in Congress, and after a nail-biting session, the Republicans' resolution passed by 217 to 215, with a lone ruling party holdout joining all of the chamber's Democrats in voting against.
The resolution sets the blueprint for the 2025 federal government budget, with House committees now tasked with finding more than $1.5 trillion in spending reductions and $4.5 trillion in extended tax cuts over a decade.
Democrats say the cuts, as mandated in the resolution, will target social welfare programs, including Medicaid, which many lower-income US families rely on.
Republicans, however, touted the resolution as being necessary to fund President Trump's agenda.
"Today, House Republicans moved Congress closer to delivering on President Trump's full America First agenda -- not just parts of it," said Speaker Mike Johnson.
It had not been plain sailing for Johnson, a key Trump ally who spent days corralling members of his own party to back the bill.
Some Republicans had suggested the proposed cuts did not go deep enough, while others were focused on stopping the ever-growing US national debt or worried about Medicaid cuts.
In a dramatic turn of events, Republican leaders pulled the vote at the last minute on Tuesday night, as they held intense negotiations with holdouts from their own party. Then, minutes later, they called it once again.
- 'Not one' vote -
Looming over Tuesday's debate was the March 14 deadline for Congress to agree a budget proposal outline or face a US government shutdown.
Democrats had set a defiant tone ahead of the vote, vowing not to provide their opponents with a single vote.
"Let me be clear, House Democrats will not provide a single vote to this reckless Republican budget. Not one," said House Minority Leader Hakeem Jeffries.
One of the Democratic unmet demands was an assurance that funding approved by Congress is actually spent -- rather than being chopped by Trump's billionaire adviser Elon Musk, whose so-called Department of Government Efficiency is seeking to slash the entire US budget.
While Democrats held the line, it proved ultimately not to matter, with at least three Republican holdouts choosing to flip their votes to back the bill.
The lone remaining Republican 'no' vote was from Representative Thomas Massie, who consistently criticized the proposal as not cutting the budget deficit enough.
"Their own numbers, if the Republican plan passes, under the rosiest assumptions which aren't even true, we're going to add $328 billion to the deficit this year," he said ahead of the vote.
- 'Big beautiful bill' -
The debate on the resolution boiled down to where the more than $1.5 trillion in spending cuts that will fund Trump's extended tax credits -- which he put in place in his first term, and which expire at the end of the year -- and programs will come from.
With the resolution in its current form, Republicans appear set to make up to $880 billion in cuts to Medicaid and other social safety net programs, including food stamps, if they want to extend the tax cuts.
Such a move could weaken Republican lawmakers in politically vulnerable districts for the midterm elections, due in two years.
Johnson has suggested factoring Musk's spending cuts and revenue earned from Trump's rash of trade tariffs into the budget to address the deficit.
Last week, the Senate passed a competing budget blueprint that did not include the tax cuts, but President Trump had pushed for "one big beautiful bill" to come from the House.
On Tuesday, he appeared to soften his stance, but would no doubt be pleased with the final outcome, with the House now tasked with building and passing a budget bill, before it goes to the Senate.
Speaker Johnson said he expected to have the budget on Trump's desk at the White House by early May.
M.King--AT