(The Epoch Times)—President Donald Trump said he is open to the Senate making “fairly significant” changes to the reconciliation package that narrowly passed the House, which may complicate Speaker Mike Johnson’s (R-La.) effort to preserve what he called a “very delicate” compromise.
“I want the Senate and the senators to make the changes they want, and we’ll go back to the House and we’ll see if we can get them,” Trump told reporters on Sunday in Morristown, New Jersey. “In some cases, the changes may be something I’d agree with, to be honest.”
“I think they are going to have changes,” Trump added. “Some will be minor and some will be fairly significant.”
The House passed the bill on Thursday by a 215–214 vote along party lines. Following the passage, Johnson urged the Senate to avoid major revisions, warning that too many changes could upend the narrow margin needed to get the bill through the lower chamber again.
“We’ve got to pass it one more time to ratify their changes in the House, and I have a very delicate balance here, a very delicate equilibrium that we’ve reached over a long period of time, and it’s best not to meddle with it too much,” Johnson told CNN’s Jake Tapper on May 25 on “State of the Union.”
Trump’s greenlighting of Senate changes may be encouraging to hardline fiscal conservatives who criticized the bill for not going far enough to balance the budget.
“This bill falls profoundly short. It does not do what we say it does with respect to deficits,” Rep. Chip Roy (R-Texas) said before voting “present” to allow the bill to advance for a full vote. “What we’re dealing with here is tax cuts and spending a massive front-loaded deficit increase.”
House Freedom Caucus Chair Andy Harris (R-Md.) also voted “present” in the House floor vote in protest. The congressman took issue with, among other things, the bill’s Medicaid overhaul that includes new work requirements that won’t take effect until 2029 and more frequent eligibility checks, calling it a “joke” that would do little to prevent fraud and abuse.
Sen. Ron Johnson (R-Wis.), who calls for a return to pre-pandemic spending levels, said on CNN’s “State of the Union” on May 25 that he believes there is enough GOP opposition in the Senate to block the reconciliation bill.
“I think we have enough to stop the process until the president gets serious about spending reduction and reducing the deficit,” the senator said.
Sen. Rand Paul (R-Ky.) also said he wouldn’t support the bill without addressing its proposed $5 trillion debt ceiling hike.
“I think the cuts currently in the bill are wimpy and anemic, but I still would support the bill, even with wimpy and anemic cuts, if they weren’t going to explode the debt,” Paul said on Fox News Sunday.
“They’re going to explode the debt. The House’s [debt-limit increase] is $4 trillion. The Senate has actually been talking about exploding the debt by $5 trillion.”
For Trump, the Senate process could be an opportunity to pursue his policy goals left out of the House package.
For one, the House bill did not close what’s known as the carried-interest tax loophole, which allows private equity, venture capital, and hedge fund managers to pay a 20 percent long-term capital gains tax rate on the gains they receive from their investments that might otherwise be taxed as ordinary income at rates up to 37 percent.
Changing it could reduce the deficit by $13 billion over 10 years, according to the Congressional Budget Office.
Another exclusion was Trump’s proposal to create a new top tax bracket for the nation’s highest earners. While the president wants to extend the tax cuts he signed into law in 2017, he has proposed letting the current 37 percent top marginal rate expire and revert to 39.6 percent for individuals earning more than $2.5 million, or $5 million for married couples.
Senate Majority Leader John Thune (R-S.D.) has not set a timeline for the upper chamber to pass its version of the bill, although Treasury Secretary Scott Bessent said he is hoping that it would reach the president’s desk by July 4.
Due to the budget reconciliation process, the bill is not subject to the Senate filibuster and can pass with a simple majority.
With Republicans holding 53 seats, Thune can afford to lose three Republican votes and still pass the bill with Vice President JD Vance breaking the tie.
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.