US EditionHouse, Senate set for clash over Trump bill
- On Monday evening, Senate Republicans unveiled their draft legislation revising President Trump's tax-cut and spending plan, aiming to extend the 2017 tax cuts and raise the federal debt ceiling by $5 trillion.
- The legislation responds to expiring 2017 tax breaks and seeks to offset costs with deeper Medicaid cuts, including broad new work requirements for able-bodied adults and parents of teens on Medicaid.
- The bill keeps a $10,000 cap on the state and local tax deduction, expands a senior tax break to $6,000 for moderate earners, aims to cut green energy funds, and boosts military and border security spending.
- Senate Democratic Leader Chuck Schumer called the Medicaid cuts “deeper and more devastating” than the House’s bill, while Senator Ron Johnson admitted, “We’ve got a ways to go on this one.”
- The bill faces unified Democratic opposition and divided Republican support, with GOP leaders pushing to pass it by the July 4 deadline to avoid a default on the nation’s $36.2 trillion debt.
149 Articles
149 Articles
Americans can get $6,000 'bonus' deduction in new proposal
SENIORS can get tax breaks from the Senate’s version of Donald Trump’s ‘One Big Beautiful Bill Act’. People aged 65 and older may qualify for a temporary deduction of up to $6,000 each – available from 2025 through 2028. GettyThe ‘bonus’ was proposed after Trump’s plan to cut Social Security taxes proved unfeasible[/caption] The senior “bonus” – as it’s been called by The House of Representatives – is being offered instead of Trump’s campaign pr…
Senate Republicans Propose Expanding House Cuts to Medicaid
On Capitol Hill, Senate Republicans are pushing for sweeping cuts to Medicaid and to stricter work requirements for Medicaid recipients. Senate Democratic Leader Chuck Schumer warned the Republican Senate proposal will be “deeper and more devastating” than the cuts already by the House. He wrote online, “This could lead to even more than the 16 million people expected to lose health insurance and the hundreds of hospitals and health centers faci…
GOP senators warn mega-bill’s new Medicaid cuts will hurt rural hospitals - Newton Kansan
By: Jennifer Shutt and Shauneen MirandaStates Newsroom WASHINGTON — U.S. Senate Republican leaders expressed confidence Tuesday they’ll be able to tamp down opposition to various… Login to continue reading Login Sign up for complimentary access Sign Up Now Close
Senate Republicans present budget bill that cuts taxes for the rich and eliminates Medicaid for 10 million
In the version of a budget bill presented by Senate Republicans on Monday, tax cuts benefiting the wealthiest are combined with a cutoff of Medicaid for more people than the number proposed by Republicans in the House.
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