No Result
View All Result
China Secrets Revealed
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
No Result
View All Result
China Secrets Revealed
No Result
View All Result
Home News

Second Amendment ‘setback’: Gun tax cuts stripped from Trump’s ‘big, beautiful bill’

by
June 27, 2025
in News
0
Second Amendment ‘setback’: Gun tax cuts stripped from Trump’s ‘big, beautiful bill’

A provision inside President Donald Trump’s ‘big, beautiful bill’ that would have lessened regulations on certain firearms was one of many stripped policies that did not pass muster with Senate rules.

The Senate parliamentarian ruled late Thursday night that policy changes that would delist short-barrel rifles, shotguns and suppressors from the National Firearms Act (NFA) would have to be scrubbed from the Senate Finance Committee’s portion of the mammoth bill.

The provision would have allowed for those particular guns and accessories to no longer be subject to a $200 federal tax. They would also no longer have needed to be registered with the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Changes to the NFA were part of the Stop Harassing Owners of Rifles Today (SHORT) Act, a bill pushed by Sen. Roger Marshall, R-Kan., in the upper chamber, and Rep. Andrew Clyde, R-Ga., in the House.

‘This is a setback, but we are committed to working with the parliamentarian to protect the Second Amendment in any way we can through reconciliation,’ Marshall told Fox News Digital in a statement. ‘‘Shall not be infringed’ is crystal clear and the rights of gun owners must be respected.’

Indeed, lawmakers do have the opportunity to rewrite the provision to comport with the Byrd Rule, which governs the budget reconciliation process and allows either party in power to skirt the 60-vote filibuster threshold in the Senate.

Clyde told Fox News Digital in a statement that he disagreed with the ruling, ‘as the taxation and registration of firearms under the draconian NFA are inextricably linked.’ 

‘I’m working with my Senate Republican colleagues to rewrite the language so we can retain our 2A wins and deliver the best possible outcome for the American people,’ he said. ‘We must seize this rare opportunity to restore our Second Amendment rights.’

Arguments before the parliamentarian, who many Republicans lashed out at on Thursday following rulings that stripped key, yet divisive, Medicaid tweaks from the ‘big, beautiful bill,’ are expected to continue throughout Friday and likely until the last few minutes before the final bill is revealed.

The gun provision was one of many tax-related items stripped from the package. Others included subsidies for private schools and carve-outs for religious colleges from the endowments tax, among others.

There are other provisions still under consideration, including ‘Trump Accounts,’ which would have set aside $1,000 in taxpayer money for newborns, requiring Social Securities numbers for a slew of tax credits, and making tax benefits for those who invest in opportunity zones permanent. 

This post appeared first on FOX NEWS
Previous Post

Trump celebrates Supreme Court limits on ‘colossal abuse of power’ by federal judges

Next Post

Friday Feature: Savannah Legacy Academy

Next Post
Friday Feature: Savannah Legacy Academy

Friday Feature: Savannah Legacy Academy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Trump backs Cuomo and threatens to cut federal funding if ‘Communist Mamdani’ wins NYC mayor race

Trump backs Cuomo and threatens to cut federal funding if ‘Communist Mamdani’ wins NYC mayor race

0
TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

0
Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

0
In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

0
Trump backs Cuomo and threatens to cut federal funding if ‘Communist Mamdani’ wins NYC mayor race

Trump backs Cuomo and threatens to cut federal funding if ‘Communist Mamdani’ wins NYC mayor race

November 4, 2025
Mamdani’s socialist agenda draws European leftists to NYC seeking political lessons

Mamdani’s socialist agenda draws European leftists to NYC seeking political lessons

November 3, 2025
Trump backs Huckabee Sanders and a bunch of House Republicans for re-election with midterms on the horizon

Trump backs Huckabee Sanders and a bunch of House Republicans for re-election with midterms on the horizon

November 3, 2025
Trump sends world’s most powerful warship to Latin America — historic echoes of regime change

Trump sends world’s most powerful warship to Latin America — historic echoes of regime change

November 3, 2025

Recent News

Trump backs Cuomo and threatens to cut federal funding if ‘Communist Mamdani’ wins NYC mayor race

Trump backs Cuomo and threatens to cut federal funding if ‘Communist Mamdani’ wins NYC mayor race

November 4, 2025
Mamdani’s socialist agenda draws European leftists to NYC seeking political lessons

Mamdani’s socialist agenda draws European leftists to NYC seeking political lessons

November 3, 2025
Trump backs Huckabee Sanders and a bunch of House Republicans for re-election with midterms on the horizon

Trump backs Huckabee Sanders and a bunch of House Republicans for re-election with midterms on the horizon

November 3, 2025
Trump sends world’s most powerful warship to Latin America — historic echoes of regime change

Trump sends world’s most powerful warship to Latin America — historic echoes of regime change

November 3, 2025

Disclaimer: ChinaSecretsRevealed.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.