Senate Republicans Unveil Details of Trump Tax and Medicaid Bill
TL;DR
Senate Republicans released a bill proposing significant tax cuts, including extending Trump’s 2017 tax cuts and creating new breaks, while offsetting costs through Medicaid reductions and energy credit cuts. The bill also raises the debt ceiling by $5 trillion and faces internal disagreements over Medicaid and SALT deductions, with a goal to pass before July 4.
- Senate Republicans Release Revised Tax Cuts and Debt Limit Bill Bloomberg.com
- Senate GOP rethinks tax cuts, Medicaid overhaul in Trump’s megabill Politico
- Senate releases Trump tax and Medicaid blueprint The Hill
- Senate Republicans unveil long-awaited details on Trump tax bill CBS News
- Senate GOP hits roadblocks in push to pass Trump’s tax and spending bill by July 4 CNN
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