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House, Senate set for clash over Trump bill

  • Senate Republicans are pushing to pass President Trump's 'Big, Beautiful Bill' by the July Fourth deadline in Washington, D.C.
  • The bill builds on the 2017 tax cuts and includes deeper Medicaid cuts and a $5 trillion federal debt limit increase, stirring intra-party conflicts.
  • Key concerns focus on Medicaid changes harming rural hospitals and the low $10,000 SALT deduction cap, which House Republicans fiercely oppose.
  • A GOP senator said the bill is now 'further away than we were before,' while Senate Minority Leader Schumer warned it risks stripping coverage from 16 million people.
  • The Senate faces a difficult vote with some Republicans opposing the bill, suggesting the July Fourth target may be missed and negotiations will continue.
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Bloomberg broke the news in United States on Monday, June 16, 2025.
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