
POLITICO Playbook Daily Briefing
February 27, 2025: The British Invasion, 2025 edition
Podcast summary created with Snipd AI
Quick takeaways
- The negotiation between Senate Republicans and House leadership reveals a complex fiscal strategy that may shape future budgeting processes.
- Prime Minister Starmer's visit underscores the significance of U.S.-UK relations in addressing global security issues, particularly regarding Ukraine.
Deep dives
Senate Republicans' Budget Response
Senate Republicans are poised to challenge the budget bill recently approved by House Republicans, particularly the fiscal framework proposed by House Speaker Mike Johnson. While there is an acknowledgment of the House's attempt to streamline the budget process, Senate leaders, including Majority Leader John Thune, are advocating for the inclusion of a permanent extension of the 2017 Tax Cuts and Jobs Act in any forthcoming Republican tax bill. This situation sets the stage for a complicated negotiation process as Senate members prepare to recalibrate the proposed budget to suit their broader fiscal strategies. The dynamic between the two chambers suggests a lengthy and contentious road ahead in achieving a unified Republican fiscal stance.