Day Trading Reports
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Day Trading Reports

Politics

Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

by admin June 17, 2025
June 17, 2025
Senate panel navigates delicate compromises on Medicaid, taxes in latest chunk of Trump’s megabill

A Senate panel charged with some of the most hot-button portions of President Donald Trump’s ‘big, beautiful bill’ unveiled its portion of the gargantuan package on Monday.

The Senate Finance Committee, which has jurisdiction over tax policy, Medicaid and a slew of other items baked into the House GOP’s version of the bill, released its text as Republicans sprint to finish work on the president’s bill ahead of a self-imposed July 4 deadline.

The committee, chaired by Sen. Mike Crapo, R-Idaho, had to walk a perilous tightrope with their legislation, given the push and pull surrounding divisive cuts to Medicaid, an increase to the state and local tax (SALT) deduction cap and other provisions in the House’s version of the bill.

Crapo lauded the bill in a statement, and noted that it made the president’s 2017 Tax Cuts and Jobs Act permanent, slashed ‘Green New Deal’ spending and targeted ‘waste, fraud and abuse in spending programs while preserving and protecting them for the most vulnerable.’ 

‘I look forward to continued coordination with our colleagues in the House and the Administration to deliver President Trump’s bold economic agenda for the American people as quickly as possible,’ he said. 

While House Speaker Mike Johnson, R-La., pleaded with Senate leaders to change the bill as little as possible after narrowly passing the bill in the House, particularly on the compromises he reached on SALT and Medicaid, the Senate has vowed to leave its imprint on the package. 

Crapo and Republican committee members have similarly had to navigate divisions in the upper chamber, particularly around Medicaid tweaks to provider payments and an increase to the SALT cap to $40,000 — a change needed to ram the bill through the House, but one Senate Republicans dislike. 

This post appeared first on FOX NEWS

previous post
Mike Johnson calls off Israel trip amid Iran conflict
next post
Israel activates ‘Barak Magen’ aerial defenses for system’s first ever interception

Related Posts

How Mike Johnson rescued Trump’s tax agenda from...

April 14, 2025

Liberal critics question why architect of failed Biden...

July 8, 2025

GOP talk on millionaire tax hike ‘makes no...

May 9, 2025

White House calls Yemen ceasefire a ‘WIN’ –...

May 7, 2025

​​Hegseth says Panama agreed to allow US warships...

April 10, 2025

Trump defends embattled AG Pam Bondi, says ‘nobody...

July 13, 2025

US ends terrorist designation of Syrian militant leaders

July 8, 2025

In Iran’s ‘forever war’ against the US, regime...

June 19, 2025

Rubio cracks up at Trump’s reaction to NATO...

June 26, 2025

NRCC launches ad campaign targeting dozens of vulnerable...

April 12, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan

      January 31, 2025
    • 2

      Mega M&A: Rio Tinto-Glencore Merger Sparks Chatter

      January 28, 2025
    • 3

      Excellent 90% recoveries at Cork Tree Well & Board Update

      February 17, 2025
    • 4

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 5

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 6

      Cyclopharm Signs US Agreement with HCA Healthcare for Technegas®

      January 23, 2025
    • 7

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: daytradingreports.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 daytradingreports.com | All Rights Reserved