US EditionUS Senate Republicans unveil their version of Trump's sweeping tax-cut, spending bill
- On June 29, 2025, U.S. Senate Republicans introduced a comprehensive 940-page bill that includes tax reductions and increased spending measures reflecting President Trump's priorities in Washington, D.C.
- The bill emerged from a backdrop of intense debates over Medicaid cuts and a contentious SALT deduction cap increase to $40,000, critical for maintaining Republican seats.
- House Speaker Mike Johnson expressed determination to complete the process by the July 4 deadline, calling it ‘poetic’ to finish on Independence Day despite potential timeline slips.
- President Trump urged the House to send the bill to his desk before July 4, stating, “We can get it done” and emphasizing swift delivery of his economic agenda.
- If passed, the bill will face further House approval and signals ongoing challenges for Republicans to unify while aiming to enact Trump’s priorities quickly.
243 Articles
243 Articles
Tough choices needed to lower federal debt
Even for those not distracted by recent events in the Middle East, there was some troubling, if not terribly surprising, news coming out of Capitol Hill regarding President Donald Trump’s economic agenda that could have been easily overlooked. The Joint Committee on Taxation this month released an analysis that concluded proposed changes to the “One Big Beautiful Bill” now pending in the U.S. Senate would increase projected federal deficits by h…
Elizabeth MacDonough may be an inconspicuous lawyer in the U.S. Senate, but the bureaucrat is currently holding up large parts of President Trump's tax law on her own.
Washington. U.S. Republican Senators presented yesterday their version of President Donald Trump’s comprehensive tax and spending cut bill, setting the stage for a marathon weekend session that seeks to achieve full Congressional approval by July 4.
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