Close Menu
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest USA news and updates directly to your inbox.

What's On
Evergrande founder Hui Ka Yan, once Asia’s richest man, sentenced to life in prison after property giant’s collapse

Evergrande founder Hui Ka Yan, once Asia’s richest man, sentenced to life in prison after property giant’s collapse

August 21, 2026
Eric Swalwell’s federal probe may focus on use of power in office to intimidate witnesses

Eric Swalwell’s federal probe may focus on use of power in office to intimidate witnesses

August 21, 2026
Patrick Clancy remarried and moved to NYC during Lindsay Clancy trial

Patrick Clancy remarried and moved to NYC during Lindsay Clancy trial

August 21, 2026
Facebook X (Twitter) Instagram
Trending
  • Evergrande founder Hui Ka Yan, once Asia’s richest man, sentenced to life in prison after property giant’s collapse
  • Eric Swalwell’s federal probe may focus on use of power in office to intimidate witnesses
  • Patrick Clancy remarried and moved to NYC during Lindsay Clancy trial
  • Halsey Ditches Brunette Color for Bright Blonde, More 2026 Celebrity Hair Transformations
  • Raiders emerge victorious after furious comeback, but much work remains
  • Pret a Manger leaves Southern California after promising 40 stores — just one remains open
  • Steve Hilton vows to fire California energy bosses behind tire regulations
  • Fernando Mendoza throws pick-six in second NFL game as Raiders rookie faces growing pains
  • Privacy
  • Terms
  • Advertise
  • Contact Us
Join Us
USA TimesUSA Times
Newsletter Login
  • Home
  • United States
  • World
  • Politics
  • Business
  • Lifestyle
  • Entertainment
  • Health
  • Science
  • Tech
  • Sports
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
USA TimesUSA Times
Home » House advances SAVE America Act, stock trading ban and shutdown bill
House advances SAVE America Act, stock trading ban and shutdown bill
Entertainment

House advances SAVE America Act, stock trading ban and shutdown bill

News RoomBy News RoomJuly 22, 20261 ViewsNo Comments

NEWYou can now listen to articles!

Late Sen. John Warner, R-Va., said to me once that “we don’t do a lot in Congress. But when we do it, we do it all at once.”

That is kind of where we find the House of Representatives today.

Today is the penultimate day in the House before the August recess. In fact, the House may not be here much at all until after the election.

So that’s why the House is trying to cram EVERYTHING into today.

HOUSE GOP VOTES TO PUNT GOVERNMENT SHUTDOWN BATTLE TO AFTER NOVEMBER MIDTERMS

The Capitol is seen in Washington, Friday morning, Dec. 14, 2018, after Congress adjourned until next week. Congress is racing to avoid a partial government shutdown over President Donald Trump’s border. But you wouldn’t know it by the schedule. Lawmakers are away until next week. The ball is in Trump’s court, both sides say. (AP Photo/J. Scott Applewhite)

Let’s start with what the House approved late last night. It approved a stopgap spending bill, renewing all funding at current levels to avoid a fall shutdown in October. The bill would run through Dec. 4.

Fiscal conservatives liked the bill because it “kind of” saves money by simply renewing the current spending. By nature, these temporary bills do just that. They don’t add in new spending. So – in a way – that kind of holds the fiscal bottom line.

But looming over everything is the touchstone of the GOP’s agenda. That’s the SAVE America Act. The House today plans to advance a budget framework and prospectively include the SAVE America Act later on. The Senate must also adopt the same framework so it can use the special budget reconciliation process – which is immune from filibusters. But the House and Senate can’t get to the meat and potatoes of the bill without adopting the framework. That’s why today is so important.

What’s in “Reconciliation 3.0?” House Republicans will likely dump the SAVE America Act into the actual bill. They will also load up the bill with tens of billions to cover the war in Iran and restock the Pentagon with munitions. Money for agriculture programs will be in there, too.

SENATE PLOTS PERMANENT END TO GOVERNMENT SHUTDOWNS WITH BIPARTISAN PUSH

Steve Scalise and Mike Johnson stand at a news conference at the U.S. Capitol.

Rep. Steve Scalise, R-La., and Speaker Mike Johnson, R-La., attend a news conference at the U.S. Capitol in Washington, D.C., on Tuesday, June 30, 2026. (Graeme Sloan/Bloomberg via Getty Images)

But here’s the rub. House and Senate Republicans aren’t on the same page. Senate Majority Leader John Thune, R-S.D., says his body will likely consider the House approved government funding plan. But that needs 60 votes and is subject to a filibuster. Most Democrats will reject the House’s interim spending plan since they weren’t involved in drafting it.

But that’s where Reconciliation 3.0 comes in.

“We will hold that, subject to obviously, being able to move a continuing resolution to fund the government. It’s a possibility, that if necessary, we could pull that, budget resolution passed by the House and use it to fund government,” said Thune when pressed by yours truly yesterday.

In other words, the Senate won’t take up the House’s Reconciliation 3.0 plan any time soon. Many Senate Republicans have been cool to another reconciliation plan from the get go. But Thune knows Senate Democrats will balk at the House’s stopgap spending bill. So he may use the reconciliation package to bypass Democrats and fund the government this fall.

Remember that reconciliation is NOT subject to a filibuster. Thus, 60 votes are unnecessary.

TRUMP INTERVENES AS HOUSE GOP REVOLT PUTS SAVE AMERICA ACT AT CENTER OF SPENDING SHOWDOWN

However, this is something of a negotiating tactic by Thune. He knows Democrats don’t want Republicans to pass their own spending plan via budget reconciliation. He also believes it’s a bad precedent to resort to reconciliation to pass appropriations bills to keep the government open. So, he will hold the ball for now.

This means that money to plus-up depleted programs and pay for the war in Iran is stalled for months. Maybe until at least December. That could be a problem at the Pentagon if the conflict drifts on.

Senate Majority Leader John Thune speaking at a press conference flanked by Sen. James Lankford and Sen. Shelley Moore Capito

Senate Majority Leader John Thune, R-S.D., speaks during a Senate Republicans press conference at the U.S. Capitol on June 2, 2026, flanked by Sen. James Lankford, R-Okla., and Sen. Shelley Moore Capito, R-W.Va. (Bill Clark/CQ-Roll Call, Inc)

Finally, the House plans to vote on a separate bill today to ban its members from trading stocks. Congress passed – and President Obama signed into law – the STOCK Act 14 years ago. That law prohibits lawmakers and aides from using “inside information” collected on the job to play the market.

However, today’s bill goes a step further. It outright prohibits House members from trading stocks.

House Minority Leader Hakeem Jeffries, D-N.Y., opposes this version of the bill. That’s because he wants a stock ban to apply across all of government. But that’s not what the House is poised to tackle today.

CLICK HERE TO DOWNLOAD THE APP

So this is an especially ambitious day in the House. Money for the Iran war and SAVE America Act swing in the balance.

And if you’re wanting to understand what Congress may face this fall, today’s action will give you a clue.

Chad Pergram currently serves as Chief Congressional Correspondent for Channel (FNC). He joined the network in September 2007 and is based out of Washington, D.C.

Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Patrick Clancy remarried and moved to NYC during Lindsay Clancy trial

Patrick Clancy remarried and moved to NYC during Lindsay Clancy trial

Halsey Ditches Brunette Color for Bright Blonde, More 2026 Celebrity Hair Transformations

Halsey Ditches Brunette Color for Bright Blonde, More 2026 Celebrity Hair Transformations

Fernando Mendoza throws pick-six in second NFL game as Raiders rookie faces growing pains

Fernando Mendoza throws pick-six in second NFL game as Raiders rookie faces growing pains

What Are Exercise Snacks? The New Wellness Trend for People Who Hate Going to the Gym

What Are Exercise Snacks? The New Wellness Trend for People Who Hate Going to the Gym

Liberia receives first US deportation flight under migrant deal

Liberia receives first US deportation flight under migrant deal

Hayden Panettiere’s Ex Brian Hickerson Breaks His Silence on Her Sudden Death

Hayden Panettiere’s Ex Brian Hickerson Breaks His Silence on Her Sudden Death

JD Vance calls AOC a ‘communist’ and Schiff ‘irrelevant’ in TikTok smackdown

JD Vance calls AOC a ‘communist’ and Schiff ‘irrelevant’ in TikTok smackdown

DWTS’ Gleb Savchenko Scores Minor Victory in Custody Battle With Ex-Wife Elena Samodanova

DWTS’ Gleb Savchenko Scores Minor Victory in Custody Battle With Ex-Wife Elena Samodanova

Carville tells socialists to drop ‘Democratic’ from their name in fiery rant

Carville tells socialists to drop ‘Democratic’ from their name in fiery rant

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Eric Swalwell’s federal probe may focus on use of power in office to intimidate witnesses

Eric Swalwell’s federal probe may focus on use of power in office to intimidate witnesses

August 21, 2026
Patrick Clancy remarried and moved to NYC during Lindsay Clancy trial

Patrick Clancy remarried and moved to NYC during Lindsay Clancy trial

August 21, 2026
Halsey Ditches Brunette Color for Bright Blonde, More 2026 Celebrity Hair Transformations

Halsey Ditches Brunette Color for Bright Blonde, More 2026 Celebrity Hair Transformations

August 21, 2026
Raiders emerge victorious after furious comeback, but much work remains

Raiders emerge victorious after furious comeback, but much work remains

August 20, 2026

Subscribe to News

Get the latest USA news and updates directly to your inbox.

Latest News
Pret a Manger leaves Southern California after promising 40 stores — just one remains open

Pret a Manger leaves Southern California after promising 40 stores — just one remains open

August 20, 2026
Steve Hilton vows to fire California energy bosses behind tire regulations

Steve Hilton vows to fire California energy bosses behind tire regulations

August 20, 2026
Fernando Mendoza throws pick-six in second NFL game as Raiders rookie faces growing pains

Fernando Mendoza throws pick-six in second NFL game as Raiders rookie faces growing pains

August 20, 2026
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
© 2026 USA Times. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.