Senate, Medicaid and tax bill
Digest more
Top News
Overview
Impacts
Senate, cryptocurrency and bill hagerty
Digest more
WASHINGTON—Senate Republicans’ plan to extract more savings from Medicaid as part of their revised tax and spending package triggered a backlash within the party, raising concerns that leaders could miss their self-imposed deadline of getting the bill to President Trump’s desk by July 4.
Overall, 42 percent of Americans oppose the budget bill “changing tax, spending and Medicaid policies,” compared with 23 percent who support the bill and 34 percent who say they have no opinion.
A proposal by Senate Republicans would adjust the pace at which some crucial home energy efficiency and electric vehicle tax credits are phased out in timelines different from what House Republicans proposed in the multitrillion-dollar tax bill they passed last month.
For many families, another key source of savings is the child tax credit. Senate Republicans proposed permanently increasing the credit available to parents, which would be set at $2,200 per child, beginning in the 2025 tax year. House Republicans had proposed to bump up the credit to $2,500, but only through 2028.
Senate Finance Committee unveils its proposed changes to the House-passed version of Trump's "big, beautiful bill," which could put the two chambers on collision course.
The Senate Homeland Security and Governmental Affairs Committee authorizes a $100 million war chest for OMB to reorganize government without congressional oversight.
The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act while sparing others.
Senate Republicans have released their version of the tax legislation. It included some significant changes from the House version of the tax bill.