Senate Republicans Propose Major Changes to Trump's Tax Bill

Reported about 7 hours ago

Senate Republicans are set to introduce significant revisions to President Trump's $3 trillion tax and healthcare proposal, aiming for enactment by July 4 despite criticism from figures like Elon Musk. The Senate Finance Committee's draft may diverge from the House's earlier version, focusing on issues such as state and local tax deductions (SALT) and potential cuts to Medicaid and Medicare. While some factions push for more renewable energy tax credits, others warn that any dilution of fiscal measures could jeopardize the bill's passage when it returns to the House.

Source: YAHOO

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