Senate Republicans Rush to Pass Trump's Tax and Spending Bill
Senate Republicans are hurrying to pass a significant tax and spending bill proposed by President Trump. The bill includes various amendments to address concerns from different party members, such as changes to welfare programs and tax deductions. The Senate aims to vote on the bill before a self-imposed deadline of July 4th.
Senate Republicans are rushing to pass Trump's 'Big Beautiful Bill' as Senate Majority Leader John Thune pushed for a vote on the latest text of the bill. The bill narrowly passed the House of Representatives two weeks ago, with Republicans divided over welfare program cuts to cover $3.8tn in Trump tax breaks.
Party leadership aims for an initial vote on the 940-page bill by Saturday afternoon. The bill is crucial to Trump's second-term agenda, with the White House endorsing the latest revisions and warning of the consequences of not passing it.
The bill includes changes to rural hospital funding, State and Local Taxes (Salt) deductions, and the Supplemental Nutrition Assistance Program (Snap). It extends tax cuts from 2017 and adds new cuts campaigned by Trump, but faces criticism for Medicaid restrictions affecting millions of Americans.
Democrats have raised concerns about limiting healthcare access, with estimates suggesting 7.8 million could lose insurance. Senator Patty Murray criticized the bill for containing 'the largest healthcare cuts in history'.
Despite efforts to secure a Saturday vote, uncertainty remains as some Republicans, like Senator Ron Johnson, express the need for more time to review the bill.
According to the source: BBC.
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