Stablecoin, cryptocurrency and Senate
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Senate, First Solar and tax code
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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.”
WASHINGTON—Senate Republicans’ plan to extract more savings from Medicaid as part of their revised tax and spending package triggered a backlash within the party, raising concerns that leaders could miss their self-imposed deadline of getting the bill to President Trump’s desk by July 4.
The Senate released the Medicaid portion of President Donald Trump’s “One Big, Beautiful Bill” this week, proposing steep cuts to the healthcare program amid pushback from moderate
Tax credits for crucial clean energy and home energy efficiency projects would be phased out, albeit less quickly.
Senate Finance Committee unveils its proposed changes to the House-passed version of Trump's "big, beautiful bill," which could put the two chambers on collision course.
Overall, 42 percent of Americans oppose the budget bill “changing tax, spending and Medicaid policies,” compared with 23 percent who support the bill and 34 percent who say they have no opinion.
The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act while sparing others.
The Senate Finance Committee on Monday released its version of the GOP’s package that calls for enacting sweeping cuts to Medicaid and preventing a multi-trillion dollar tax hike on Americans.
After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the package.