Senate, Trump and Medicaid
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Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.
The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT cap was imposed as part of President Donald Trump’s 2017 tax cuts. Now, Republican House members in high-tax states have enough leverage to raise that threshold.
The new legislative proposal, which includes more aggressive cuts to Medicaid and a lower SALT cap, threatens a goal of passing President Trump's tax-cut legislation by July 4.
The U.S. Senate Finance Committee has released some of the final pieces of Republicans' multitrillion-dollar budget reconciliation bill implementing President Donald Trump’s policy priorities.
US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax bill, while low-income Americans and clean energy providers are poised to be hit the hardest.
Big, Beautiful Bill timeline in jeopardy as Senate vote delays to June 22, leaving a tight window for House approval before the Treasury's early July debt ceiling deadline