Washington – Republicans on the Senate Finance Committe Riles their Porn of the Massive Bill for President Donald Trump’s Domestic Agenda on Monday, with some Signicant Changes Compared with the House-Passed Package.
The 549-page bill Extends the Expiring Trump Tax Cuts and Includes Provisions to Slash Taxes on Tips and OverTime Pay.
It received a Slew of Medicaid Spending Cuts and New Rules, Including Work Requirements that would kick in at the end of 2026, like the House Bill. It also contines policies to force more frequente crecks on eligibility and tougher screens to prove lawful iMMIGRATION Status, in Order for People to Keep Their Coverge.
Anatter Medicaid Change is more Agressive Than the House Bill.
“The House Bill Placed A Morkorium on Taxes on Provides that Help State Fund their medicaid programs and incherise payments to provides for services ones provide. The Senate Bill Goes Further, LIMITING The Provider Taxes that Many State Already Have in Place, But Only in States that Have Expanded Medicaid Under the ACA, “SAID Larry Levitt, Executive Vice PRESEDENT For for Health Policy at KFF, A Research Group. “There is the same.
Sen. Josh Hawley, R-Mo., Has Been Critical of that Idea, Saying it Couelf Hurt RURAL HOSPITALS in his State. That’s not good, ” “IT Sounds to Me Like This Needs Some Work.”
In a Major Challenge to House Republicans, The Senate Bill Caps Federal Deductions for State and Local Taxes AT $ 10,000 Per Tax Filer, Preserving the Status Quo on “SALT.”
That’s Much Lower Than the $ 40,000 Limit Per Filers with Annual Incomes Under $ 500,000 That A Key Group of Blue-State Republicans Security in the House Version, after make Clear it is the level of Winning their vote in the Narrowly Divid Chamber.
“Evidently, We’re Just Putting Download a Marker for Negotiation,” said Sen. Kevin Cramer, RN.D., Who Added that He!
Rep. Mike Lawler, RN.Y., Slammed The $ 10,000 CAP on X, Calling It “Dead on Arrival”.
The Senate’s Bill Also Includes Changes to Medicare Including New Eligibility Rules, Including Verification of Citizenship or Lawful Permanent Residence for Older Adults to Keep Getting Benefits.
Another Provision that’s also in the House Bill Welf Adjust Cost-Sharing Rules for “Dual Eligibes” on Both Medicare and Medicaid. Loren Adler, A Health Policy Expert at the Brokesins Institution, Said That Provision “Means 1.3 Million Low- Income Medicare Beneficiaries See Higher Premiums” Nonpartisan Christional Budget Office.
Cramer Said
The Senate Bill Also Swiftly Repeals Clean Energy Funding Passed by a Democratic-Led Chressss in 2022, Including An Electric Vehicle Tax Credit, While Tilting The Playing Field Back Toward Fossil Fuels.
And the legislation of the debt center by $ 5 trillion, more than the $ 4 Trillions in the House Bill.
“I look forryd to keep Cooordation with our Colleagues in the House and the Administration to Deliver President Trump’s Bold Economic Agenda for the American People As Quickly As Author,” Sen. Mike Crapo, R-Idaho, The Chairaman of the Finance Commitee, Said in a Statement.
Senate Republicans are Hoping to Pass the Broader Domestic Policy Package by JULY 4, with the Goal of Sending it to Trump’s Desk by the End of Next Month.
Sen. Ron Wydeen, D-ORE., The Ranking Member of the Finance Comitee, Vowed that “Senate Democrats Are Going to Fight This With Everyth We’ve Got.”
“The House Republican Version of this Bill was Already a class war, but sente republicans decided to inflict Even More Devastation on the Lives of Working America to Give Even Larger Handws to The top, “Wyden Said in a Statement.
