Key Takeaways
- The Republican-controlled Senate late Saturday voted 51-49 to advance an up to date model of President Donald Trump’s signature tax-and-spending invoice forward of a July 4 deadline.
- “Tonight we noticed a GREAT VICTORY within the Senate,” Trump wrote in a submit on his Fact Social community wherein he additionally praised 4 Republican Senators who modified their votes in favor of the invoice.
- The Senate subsequent will start debating the 940-page “One Large Stunning Invoice” after a prolonged studying of it pressured by Democrats. A ultimate vote might come as quickly as Monday.
- If handed by the Senate, the following step can be for the 2 chambers of Congress to iron out variations earlier than sending a ultimate model to President Trump’s desk.
The Republican-controlled Senate late Saturday voted 51-49 to advance an up to date model of President Donald Trump’s signature tax-and-spending invoice forward of a July 4 deadline.
“Tonight we noticed a GREAT VICTORY within the Senate,” Trump wrote in a submit on his Fact Social community simply after midnight Sunday. Trump praised 4 Republican Senators who modified their votes in favor of the invoice, including that “it would not have occurred with out the Implausible Work of Senator Rick Scott, Senator Mike Lee, Senator Ron Johnson, and Senator Cynthia Lummis.”
All Democrats and GOP Sens. Rand Paul (R., Ky.) and Thom Tillis (R., N.C.) voted towards advancing the 940-page “One Large Stunning Invoice.”
The Senate subsequent will start debating the invoice after a prolonged studying of it pressured by Democrats. A ultimate vote might come as quickly as Monday. Given a 53-47 Senate majority, Republicans could solely have the ability to afford shedding as much as three votes and go it. (Within the case of a 50-50 vote, Vice President JD Vance, as Senate president, might break the tie.)
If the Senate passes the invoice, the following step can be for the 2 chambers of Congress to iron out their variations earlier than sending a ultimate model to President Trump’s desk for signature.
The revised model launched by the Senate late Friday reportedly contains increased deductions for state and native taxes by means of 2029, extra funding for rural hospitals, and provides states an extended timeline forward of anticipated Medicaid cuts in comparison with earlier iterations. Nevertheless, the most recent model nonetheless retains a lot of its earlier options, resembling extending 2017 Trump tax cuts, and introducing different tax breaks, in addition to cuts to Medicaid and SNAP meals help.
