Senate Advances Trump's $4.5 Trillion Tax and Spending Bill Amid Controversy
The Senate is moving forward with Trump's $4.5 trillion tax and spending bill, facing opposition and potential impacts on healthcare and tax breaks.
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Overview
- The Senate voted 51-49 to advance Trump's $4.5 trillion tax and spending bill, with Vice President JD Vance casting the tie-breaking vote.
- Republicans emphasize the bill's necessity to prevent tax increases after Trump's first-term tax breaks expire in December.
- The legislation proposes new work requirements for Medicaid and food stamp recipients, targeting adults under 65, amidst concerns over cuts to these programs.
- Democrats are united against the bill, proposing numerous amendments during the Senate's vote-a-rama, highlighting the potential for increased uninsured rates.
- The bill includes significant tax cuts, increased funding for national defense, and provisions affecting renewable energy tax breaks, with a final Senate vote expected soon.
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Analysis
Center-leaning sources frame the tax and spending bill as a significant Republican initiative, emphasizing its extensive tax cuts and spending priorities. They highlight Democratic opposition and amendments, suggesting a contentious political landscape. The language reflects a cautious optimism about the bill's passage while acknowledging potential consequences for various demographics.
The legislation would decrease revenues by $4.5 trillion and increase the national debt by $3.3 trillion, partly through cuts to Medicaid, SNAP, and clean energy funding, with $1.2 trillion in cuts primarily to Medicaid and food stamps.
The Congressional Budget Office estimates that 11.8 million more Americans would become uninsured by 2034 if the bill became law, with an additional 3 million not qualifying for food stamps.
The package would add $3.3 trillion to the deficit over the next ten years.
Democrats are united in opposition to the legislation and intend to challenge it through multiple amendments.
The Trump administration strongly supports the Senate version of the bill, as it aligns with the president's agenda.
House Speaker Mike Johnson's team has called back lawmakers to vote in the House after Senate approval.
Certain conservative Senate Republicans are advocating for increased reductions in health care funding.
GOP leaders narrowly advanced the legislation past a procedural hurdle with minimal support.
Democrats are employing tactics to slow down the process, such as requiring a complete reading of the text.
GOP leaders are rushing to pass the 'One Big Beautiful Bill Act' by Trump's Fourth of July deadline.
Senate Republicans are pushing to pass President Trump's tax breaks and spending cuts bill by his July Fourth deadline despite challenges.
Many Republicans are not completely satisfied with the final package.
The bill allocates $350 billion for Trump's border and national security agenda, with $46 billion for the U.S.-Mexico border wall, $45 billion for migrant detention beds, and funding for deportations.
The package includes new 80-hour-a-month work requirements for many adults receiving Medicaid and food stamps, targeting able-bodied adults under age 65.
The bill aims to fulfill Trump's promises by exempting tips and overtime pay from federal income taxes and reducing taxes on these earnings.
The Senate is nearing a final vote on President Trump's tax and immigration bill, with a final vote expected on June 30.
The Senate bill is projected to increase the national debt by $3.3 trillion over the next 10 years, $800 billion more than the House approved, according to a nonpartisan forecast.
The Senate package includes cuts to green energy tax credits that Democrats fear will harm wind and solar investments across the country.
The Senate bill includes $4 trillion in tax cuts and rolls back billions in green energy tax credits.
The Senate commenced debating President Trump's extensive domestic policy legislation on June 28.
The Senate's bill includes a variety of tax provisions, including a $4 trillion tax cut that permanently extends Trump's 2017 rates.
An all-night session to consider proposed amendments to the package was abruptly postponed but has now been rescheduled and is currently underway.
GOP Sen. Thom Tillis of North Carolina announced he would not seek reelection after Trump pressured him for opposing the package due to its Medicaid cuts.
Articles (42)
Center (14)
"…The sprawling package — which is likely to face substantial changes before a final vote in the Senate — also touches on a range of other policy issues, from artificial intelligence and space exploration to immigration."
NBC News·22h·"…The bill would provide some $350 billion for Trump’s border and national security agenda, including $46 billion for the U.S.-Mexico border wall and $45 billion for 100,000 migrant detention facility beds, as he aims to fulfill his promise of the largest mass deportation operation in U.S. history."
Associated Press·23h·"…The Senate is plowing ahead toward a final vote on President Donald Trump's sweeping tax and immigration bill, as Republicans rush to get it across the finish line by July 4."
ABC News·1d·"…The legislation would also slash taxes on tips and overtime pay."
NBC News·1d·"…The Senate version of the bill will add $3.3tn (£2.4tn) in debt, according to new estimates from the Congressional Budget Office, a non-partisan federal agency."
BBC News·1d·"…The outcome remains uncertain, especially after a weekend of work in the Senate that brought less visible progress on securing enough Republican support, over Democratic opposition, for passage."
ABC News·1d·"…The bill is projected to add $3.3 trillion to the country’s debt over the next decade, which is $800 billion more than the House version, according to a nonpartisan Congressional Budget Office estimate."
USA TODAY·1d·"…The outcome remains uncertain, especially after a weekend of work in the Senate that brought less visible progress on securing enough Republican support, over Democratic opposition, for passage."
Chicago Tribune·1d·"…The outcome remains uncertain, especially after a weekend of work in the Senate that brought less visible progress on securing enough Republican support, over Democratic opposition, for passage."
Associated Press·1d·"…The Senate on Sunday afternoon began debate on President Donald Trump's megabill for his second term priorities after a dramatic procedural vote late Saturday night."
ABC News·1d·"…The outcome from the weekend of work in the Senate remains uncertain and highly volatile, and overnight voting has been pushed off until Monday."
ABC News·2d·"…The Senate aims to send the bill back to the House for approval."
USA TODAY·2d·"…The legislation is an ambitious but complicated series of GOP priorities."
Chicago Sun-Times·3d·"…Trump wrote on his social media platform Friday afternoon that he is terminating all discussions on trade with Canada immediately."
ABC News·4d·FAQ
The bill includes permanent extensions of Trump's 2017 tax cuts, new work requirements for Medicaid and food stamp recipients under 65, significant tax cuts, increased funding for national defense, and changes affecting renewable energy tax breaks.
The Senate voted 51-49 to advance the $4.5 trillion tax and spending bill, with Vice President JD Vance casting the tie-breaking vote.
Democrats oppose the bill due to potential cuts leading to increased uninsured rates and the imposition of work requirements on Medicaid and food stamp recipients, which they argue could harm vulnerable populations.
The Senate reconciliation bill is likely to add between $3.5 and $4.2 trillion to the national debt over the coming years due to deficit-financed tax cuts and spending provisions.
Republicans argue the bill is necessary to prevent tax increases that would occur after the expiration of Trump's original tax breaks in December, emphasizing its role in promoting economic growth and funding national defense.
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