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WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax breaks more permanent in draft legislation unveiled for his “big, beautiful bill.”
Senate Finance Committee Republicans published their text of President Trump's "one big, beautiful bill" Monday evening, which includes major tax reforms and even steeper Medicaid cuts than the House called for.
Senate Republicans introduced tax cuts to prevent a $4 trillion tax hike, including permanent lower tax brackets and new deductions for tips and overtime.
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New York Magazine on MSNTrump Has the Only Vote That Matters on the Big Beautiful BillAll the yelling and screaming among Republicans on provisions in the megabill will matter only up until the moment Trump says it’s time to vote.
Proposed changes have reportedly angered some House Representatives, and differing views on the legislation could make passing Trump's bill difficult.
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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
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Solar energy stocks dropped sharply on Tuesday as the market digested cuts to renewable power tax credits in the Senate's version of the budget bill.