Congressional Record
Floor activity
Senate — Votes
Monday
Tuesday
Wednesday
Thursday
Friday
House of Representatives — Votes
Monday
Tuesday
Wednesday
- House passes Trump budget bill (H.R. 1) after marathon session • Trump hails • White House deputy chief of staff says Trump's 'Big Beautiful Bill' is a massive win for Congress • Speaker Johnson Statement • Scalise statement • Johnson: Win for Hardworking Americans, President is waiting with his pen. the American people are waiting for relief. • CNN: massive win for president’s agenda • CBO: Estimated Budgetary Effects • What’s in the bill • tax cuts, Medicaid reforms • Pro-life groups praise House budget bill cutting Medicaid funding for abortion provider Planned Parenthood • SALT: raises the cap on deductions from $10,000 to $40,000 a year • House GOP makes changes on SALT and Medicaid • House moderates accept sledgehammer approach to green energy tax credits • 5 takeaways: Trump tightens grip on House GOP, Deficits expected to climb, Thune facing big challenges ahead, Climate change takes a step back, Bill sets up Senate battle over Medicaid • Republicans Hail Major Reasons ‘Big, Beautiful Bill’ Is Key To Unleashing ‘Golden Age’ (50 reasons) • The bond market gets a vote, too: Best-case: if tariff revenues continue to tick up from tariffs that are in place, that could alleviate some concerns that the passage of the Big, Beautiful Bill would add too much to the deficit. The bill also has the added benefit of removing a massive near-term risk – the debt ceiling – off the table, enabling America to make good on its debt obligations. Businesses could grow more certain about the economy from the passage of the tax cut bill and more trade deals, both of which would be viewed as pro-growth and pro-business. That could reignite corporate investment and restore faith in America’s economy. If, then, spending talks in September somehow lead to bipartisan support for sharply reduced spending, then perhaps Trump’s promise of a new economic Golden Age is possible, after all. Of course, the problem with that scenario is it requires a lot of things to go right all at the same time – and therein lies the biggest, yet least-understood risk Trump faces: Everything in his plan is connected to everything else. Worst-case: Surging bond rates raise the risk of a spiral that just a few months ago would have been viewed as unthinkable in the near term. The worst-case scenario remains remote – one of the few things the vast majority of market participants and White House officials agree on these days. But it remains a possibility, and a terrifying one. Treasury Secretary Scott Bessent captured it concisely during a hearing just two weeks ago when he was asked by Congressman Chuck Edwards what it would look like if the US government’s debt levels became “unsustainable.” “It would look like a sudden stop in the economy as the credit would disappear as markets would lose confidence,” Bessent said. “I’m committed to that not happening, and again, a tipping point in sustainability is very difficult to pinpoint, but what is not difficult to pinpoint is a trajectory, and the trajectory is unsustainable.” “When and if the markets were to rebel against is very difficult to know,” he continued. “I think that it’s very important not to go on the warning track, and we’ve got to get to the other side of this and start reducing the debt.” • How the big, beautiful and expensive bill could cost you: The more leveraged that investors believe the federal government to be, the more they will likely demand in compensation in the form of higher interest rates. And that has significant consequences. … US debt-to-GDP, a closely watched gauge of a nation’s leverage, stood at around 62% before the Great Recession began in 2007. Today it stands above 120% and is on track to continue growing. • Why the bond market is worried (The 20-year bond auction conducted by the US Treasury on Wednesday afternoon was unusually weak) • Ray Dalio says to watch the bond market as deficit becomes critical
- House votes to repeal Biden-era rule on toxic air pollution (S.J.Res. 31)
Friday
Majority Leader Recap: Week of May 19, 2025
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Budget — Committees: House, Senate
Massie labels House-passed bill a ‘debt bomb ticking’ • bill heads to Senate • faces Senate objections • Senate weighs changes to SALT • Senate Republicans question Medicaid cuts • likely to ax major provisions • Senate Republicans eye slew of changes to Donald Trump's 'big, beautiful bill' • Rand Paul says he's not considering voting for the bill because the legislation includes language to raise the debt limit by $4 trillion over the next two years • Ron Johnson slams Trump's 'Big Beautiful Bill,' says president can't 'pressure' him like House
Federal Spending — Committees: House, Senate — FY 2025 bills, table
Sen. Rand Paul questions border wall funding level needs
Monetary Policy — Committees: House, Senate
Moody's cuts US debt rating • downgrade intensifies investor worry about US fiscal path • Bessent dismisses • ‘Sell America’ is back on • Dow sinks 800 points as bond market starts to freak out
Executive — Committees: House, Senate
Padilla places hold on Trump EPA nominees over efforts to ax California EV mandate
Supreme Court
Alito and Roberts take stock as they near their third decade on the bench
Justice — Punishing Evil, Praising Good (Romans 13:3-4; 1 Peter 2:14)
ActBlue officials decline to testify, Congress threatens subpoenas in foreign donations probe
Congress — Committees: House, Senate
Speaker Johnson Announces Bipartisan Congressional Delegation to Attend Pope Leo XIV’s Mass for the Beginning of his Pontificate
Wyden says senators weren't warned about surveillance on phones
Ilhan Omar condemns shootings at Jewish Museum
Rep. LaMonica McIver charged over immigration facility altercation • Complaint says Rep. LaMonica McIver struck agents with forearms
Nancy Pelosi silent on support for ban on congressional stock trading
At 75, Virginia Rep. Gerald Connolly dies after cancer returns • Republicans, Democrats share condolences
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Senate is in its Memorial Day (5/26/2025) State Work Period, 5/26 to 5/30.
Pro forma sessions:
- Tuesday, May 27 at 1:15 p.m.
- Friday, May 30 at 7 a.m.
Next meeting:
Thursday, 5/22, Senate began consideration of four nominations:
- Michael Duffey, of Virginia, to be Under Secretary of Defense for Acquisition and Sustainment.
- Allison Hooker, of Georgia, to be an Under Secretary of State (Political Affairs).
- Dale Marks, of Florida, to be an Assistant Secretary of Defense.
- Jared Isaacman, of Pennsylvania, to be Administrator of the National Aeronautics and Space Administration.
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The House is in a district work period through Monday, June 2, 2025.
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- House — 1 meeting, Wednesday, 5/28 — Hoover Institution, Stanford, CA
No Senate committee meetings are scheduled for next week.
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