Medicaid, tax bill
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The Senate bill effectively phases out renewable energy tax credits after 2026 if projects haven't started construction.
Sen. Ted Cruz (R-Texas) has a plan for spectrum auctions that could take frequencies away from Wi-Fi and reallocate them for the exclusive use of wireless carriers. The plan would benefit AT&T, which is based in Cruz's home state, along with Verizon and T-Mobile.
Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of gambling winnings.
One major sticking point for Republican fiscal hawks is the megabill's proposed $5 trillion debt ceiling increase.
The legislation would cause the national debt to soar even more than previous estimates, according to projections released Sunday.
On June 26, the Senate parliamentarian concluded that the ban of the use of Medicaid funds for gender affirming medical care for transgender minors and adults violated the Byrd Rule, which prohibits the inclusion of “extraneous” measures in budget reconciliation bills. This meant that the provision needed 60 votes in order to remain in the bill.
The Republican Senate narrowly passes President Donald Trump's controversial Big Beautiful Bill after marathon debate, clearing another hurdle on the path a a major political victory.
Congress Senate votes to take up ‘big, beautiful’ revised budget bill Passage of the bill may not occur until sometime Monday