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Senate Republicans Plan to Release Revisions to Trump Tax Bill
- Senate Republicans plan to present an updated draft of President Trump's $3 trillion tax and spending proposal this week ahead of a June 12 meeting with key lawmakers and Trump officials.
- The bill, which the House approved in May by a narrow margin, seeks to avoid a substantial rise in taxes but has drawn criticism over proposed cuts to Medicaid, alterations to food assistance programs, and changes to the SALT deduction cap.
- Senate leaders plan to tackle opposition by separating out challenging sections of the bill, such as Medicaid and SNAP, which together involve cuts nearing $800 billion and $267 billion in reductions to the Supplemental Nutrition Assistance Program.
- Senator Thune noted that significant progress has already been made, although some moderate Republicans, including Senators Murkowski and Collins, have expressed concerns regarding the timing of implementation and potential impacts.
- If the Senate weakens key spending reductions or green policy rollbacks, the Republican group will reject the bill, though lawmakers remain focused on passing it by the July 4 deadline.
25 Articles
25 Articles
House to Make Technical Fixes to Tax Bill
“House Republicans will try to fix issues with their megabill in the Rules Committee this week based on provisions the Senate parliamentarian has identified as non-compliant with the chamber’s rules,” Politico reports. “Republicans need to send their massive tax and spending package to the Senate to make its own changes. But without making certain revisions to the House-passed bill first, it could run afoul of the chamber’s parliamentarian.”
New York.- Republican Senators in the United States intend to propose this week to President Donald Trump a review of the fiscal and health provisions of his economic package with a view to enacting it by July 4. The Senate Finance Committee’s plan to secure savings from Medicaid health insurance programs and, perhaps, Medicare could differ in key aspects from the gigantic bill that was passed by the House of Representatives by narrow margin in …
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