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US Senate Republicans unveil their version of Trump's sweeping tax-cut, spending bill

UNITED STATES, JUN 28 – The $4.2 trillion bill includes extensions of Trump-era tax cuts, $350 billion for border security, and cuts to Medicaid and SNAP projected to leave 10.9 million without health care, CBO says.

  • 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.
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282 Articles

The Quad-City TimesThe Quad-City Times
+31 Reposted by 31 other sources
Center

The GOP Megabill: What taxpayers should know

The “big, beautiful bill” extends many tax cuts enacted during the first Trump administration — and adds some new ones. Here are some key provisions taxpayers need to know.

·Cherokee County, United States
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yourcapitalminds.com broke the news in on Monday, June 16, 2025.
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