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Senate Republicans late Friday night unveiled most of the legislative text for their mammoth tax and spending package as the ...
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. ABC News. Video.
The Senate’s proposal would lower the amount the 40 states that have expanded Medicaid under Obamacare can levy in provider taxes from 6 percent to 3.5 percent. It has hospital lobbyists painting a ...
The Senate Finance Committee text released Monday also would soften the House version’s phaseout of Biden-era clean-energy tax credits, where members of the House Freedom Caucus won eleventh ...
Taken together, while the Senate’s version of the tax bill includes populist and MAGA priorities, it is more in line with Republican orthodoxy than the House’s version of the bill is — a ...
Senate Finance also makes permanent the 2017 tax reform’s 20% deduction for small businesses, which effectively reduces the top marginal rate that pass-through firms pay to 29.6%.
The finance committee, led by Sen. Mike Crapo (R-Idaho), is responsible for the largest portion of the budget reconciliation bill that Republicans are using to make good on Trump’s promise to ...
Senate GOP leaders are facing early pushback over a key plank of their “big, beautiful bill” just hours after rolling it out, underscoring the work that remains to bring the legislation to the ...