
Senate Republicans release 940-page bill for Trump's agenda as they race to vote this weekend
WASHINGTON — Moments before midnight, Senate Republican leaders released text of their 940-page bill on Friday, with the goal of beginning votes on it Saturday.
GOP lawmakers are racing to pass the sweeping package for President Donald Trump's agenda by a self-imposed deadline of July 4, but it continues to face hurdles along the way. And it's unclear if Senate Republicans have enough votes to begin debate on it.
The legislation would extend the tax cuts Trump signed into law in 2017 and slash taxes on tips and overtime pay. It includes a $150 billion boost to military spending this year, along with a surge of federal money to carry out Trump's mass deportations and immigration enforcement agenda. It partially pays for that with cuts to Medicaid, SNAP and clean energy funding, although the legislation is likely to add to the national debt.
It also contains a $5 trillion increase in the debt ceiling ahead of an August deadline to avert a default on the country's obligations.
With a 53-47 majority in the chamber, Republicans can afford just three defections on the vote, with no hope of winning Democratic support. Republicans are seeking to pass the bill through the budget reconciliation process, which allows them to bypass the Senate's 60-vote threshold.
Senate Majority Leader John Thune, R-S.D., is aiming to hold a first test vote on the mammoth package Saturday but is running into problems from rank-and-file Republicans who are trying to pump the brakes on the process.
Sen. Ron Johnson, R-Wis., said during an appearance on Fox News Saturday morning that he would vote against the initial motion to start debate on the bill until he has more time to review it.
"We just got the bill, and I got my first copy about 1:23 in the morning, this morning. About 300 provisions, by my count," Johnson said. "We shouldn't take the Nancy Pelosi approach and pass this bill to find out what's in it. We need to know exactly what's in it."
Sen. Rand Paul, R-Ky., told NBC News on Friday that he will oppose the bill, but that he would reconsider if Republicans strip out the debt ceiling hike. That is highly unlikely to happen. Paul, the only GOP senator who has voted against the measure throughout all the steps of the process this year, said it is 'much more of a spending bill than a bill that rectifies the debt problem.'
The GOP package prohibits Medicaid funding for entities that provide abortion, including Planned Parenthood, seeking to make good on a longstanding conservative priority. But that pursuit has faced opposition from Sens. Susan Collins, R-Maine, and Lisa Murkowski, R-Alaska, so the provision could imperil their votes.
Leaving the Capitol Friday night, Thune said he's not certain that Republicans have the votes to advance the measure but that it's time to act.
"It's a process and hopefully the votes will be there," Thune said, "but we won't know for sure until we actually have the vote."
Even if the package can pass its first hurdle Saturday, it still would have a long way to go. There would be at least 10 hours of debate before senators can start voting on amendments, and Democrats are threatening to force the reading of the entire bill. The House, which passed its own version in May, would need to pass the Senate bill before it heads to Trump's desk.
GOP leaders are making daring bet that reluctant members won't vote to scuttle Trump's "big, beautiful bill" when push comes to shove. And they've said they may need to enlist the president to twist arms and sway holdouts.
The Senate legislation seeks to resolve a standoff over the state and local tax (SALT) deduction. It lifts an existing $10,000 cap to $40,000 for five years — down from a decade in the House-passed version — before lowering it back to $10,000. That represents a significant concession for blue-state House Republicans who had insisted on solidifying the higher cap.
The bill seeks to mitigate the pain of Medicaid cuts on some providers by creating a rural hospital fund worth $25 billion over five years. It includes work requirements and other new rules for recipients to qualify
Senate Minority Leader Chuck Schumer, D-N.Y., slammed the bill.
"At the behest of Big Oil, in the dead of night, Senate Republicans released a new version of their 'Big, Beautiful Betrayal' that retroactively raises taxes on energy," he said in a statement Saturday. "Republicans want to jack up your electric bills and jeopardize hundreds of thousands of jobs, all so they can give billionaires tax breaks."
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Daily Mail
30 minutes ago
- Daily Mail
What's in the latest version of Trump's big bill now before the Senate?
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations. Now it's up to Congress to decide whether President Donald Trump 's signature's domestic policy package will become law. Trump told Republicans, who hold majority power in the House and Senate, to skip their holiday vacations and deliver the bill by the Fourth of July. Senators were working through the weekend to pass the bill and send it back to the House for a final vote. Democrats are united against it. Here's the latest on what's in the bill. There could be changes as lawmakers negotiate. Republicans say the bill is crucial because there would be a massive tax increase after December when tax breaks from Trump's first term expire. The legislation contains roughly $3.8 trillion in tax cuts. The existing tax rates and brackets would become permanent under the bill. It temporarily would add new tax breaks that Trump campaigned on: no taxes on tips, overtime pay or some automotive loans, along with a bigger $6,000 deduction in the Senate draft for older adults who earn no more than $75,000 a year. It would boost the $2,000 child tax credit to $2,200 under the Senate proposal. Families at lower income levels would not see the full amount. A cap on state and local deductions, called SALT, would quadruple to $40,000 for five years. It's a provision important to New York and other high tax states, though the House wanted it to last for 10 years. There are scores of business-related tax cuts. The wealthiest households would see a $12,000 increase from the legislation, which would cost the poorest people $1,600 a year, according to the nonpartisan Congressional Budget Office analysis of the House's version. Middle-income taxpayers would see a tax break of $500 to $1,500, the CBO said. The bill would provide some $350 billion for Trump's border and national security agenda, including $46 billion for the U.S.-Mexico border wall and $45 billion for 100,000 migrant detention facility beds, as he aims to fulfill his promise of the largest mass deportation operation in U.S. history. Money would go for hiring 10,000 new Immigration and Customs Enforcement officers, with $10,000 signing bonuses and a surge of Border Patrol officers, as well. The goal is to deport some 1 million people per year. The homeland security secretary would have a new $10 billion fund for grants for states that help with federal immigration enforcement and deportation actions. The attorney general would have $3.5 billion for a similar fund, known as Bridging Immigration-related Deficits Experienced Nationwide, or BIDEN, referring to former Democratic President Joe Biden. To help pay for it all, immigrants would face various new fees, including when seeking asylum protections. For the Pentagon, the bill would provide billions for ship building, munitions systems, and quality of life measures for servicemen and women, as well as $25 billion for the development of the Golden Dome missile defense system. The Defense Department would have $1 billion for border security. To help partly offset the lost tax revenue and new spending, Republicans aim to cut back some long-running government programs: Medicaid, food stamps, green energy incentives and others. It's essentially unraveling the accomplishments of the past two Democratic presidents, Biden and Barack Obama. Republicans argue they are trying to rightsize the safety net programs for the population they were initially designed to serve, mainly pregnant women, the disabled and children, and root out what they describe as waste, fraud and abuse. The package includes new 80-hour-a-month work requirements for many adults receiving Medicaid and food stamps, including older people up to age 65. Parents of children 14 and older would have to meet the program´s work requirements. There's also a proposed new $35 co-payment that can be charged to patients using Medicaid services. Some 80 million people rely on Medicaid, which expanded under Obama's Affordable Care Act, and 40 million use the Supplemental Nutritional Assistance Program. Most already work, according to analysts. All told, the CBO estimates that under the House-passed bill, at least 10.9 million more people would go without health coverage and 3 million more would not qualify for food stamps. The Senate proposes a $25 billion Rural Hospital Transformation Fund to help offset reduced Medicaid dollars. It's a new addition, intended to win over holdout GOP senators and a coalition of House Republicans warning that the proposed Medicaid provider tax cuts would hurt rural hospitals. Both the House and Senate bills propose a dramatic rollback of the Biden-era green energy tax breaks for electric vehicles. They also would phase out or terminate the various production and investment tax credits companies use to stand up wind, solar and other renewable energy projects. In total, cuts to Medicaid, food stamps and green energy programs would be expected to produce at least $1.5 trillion in savings. A number of extra provisions reflect other GOP priorities. The House and Senate both have a new children's savings program, called Trump Accounts, with a potential $1,000 deposit from the Treasury. The Senate provided $40 million to establish Trump´s long-sought 'National Garden of American Heroes.' There's a new excise tax on university endowments, restrictions on the development of artificial intelligence and blocks on transgender surgeries. A $200 tax on gun silencers and short-barreled rifles and shotguns was eliminated. One provision bars money to family planning providers, namely Planned Parenthood, while $88 million is earmarked for a pandemic response accountability committee. Billions would go for the Artemis moon mission and for exploration to Mars. The bill would deter states from regulating artificial intelligence by linking certain federal AI infrastructure money to maintaining a freeze. Seventeen Republican governors asked GOP leaders to drop the provision. Also, the interior secretary would be directed to sell certain Bureau of Land Management acreage to provide for housing. The sale of public lands would cover at least 600,000 acres and up to 1.2 million acres, according to a projection from the Center for Western Priorities, a conservation group. Altogether, keeping the existing tax breaks and adding the new ones is expected to cost $3.8 trillion over the decade, the CBO says in its analysis of the House bill. An analysis of the Senate draft is pending. The CBO estimates the House-passed package would add $2.4 trillion to the nation's deficits over the decade. Or not, depending on how one does the math. Senate Republicans are proposing a unique strategy of not counting the existing tax breaks as a new cost because those breaks are already 'current policy.' Senators say the Senate Budget Committee chairman has the authority to set the baseline for the preferred approach. Under the Senate GOP view, the tax provisions cost $441 billion, according to the congressional Joint Committee on Taxation. Democrats and others say this is 'magic math' that obscures the true costs of the GOP tax breaks. The Committee for a Responsible Federal Budget puts the Senate tally at $4.2 trillion over the decade.


Daily Record
an hour ago
- Daily Record
Donald Trump 'to visit Scotland and his three golf courses in the next month'
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Reuters
an hour ago
- Reuters
Elon Musk says Senate bill would destroy jobs and harm US
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