Senate GOP unveils text, changes for massive Trump tax bill [View all]
Source: The Hill
06/28/25 1:16 AM ET
Senate Republicans late Friday night unveiled most of the legislative text for their mammoth tax and spending package as the GOP pushes to pass it in the coming days and have it on President Trump’s desk before July 4.
The bill, which checked in at 940 pages, was released shortly before the stroke of midnight and included a number of key changes in order to win the OK from both a set of key holdouts and the Senate parliamentarian, who forced the GOP to scrap a number of provisions they had hoped to use as key savings for the package.
“If you like higher taxes, open borders, a weak military and unchecked government spending, this bill is your nightmare,” Senate Budget Committee Chairman Lindsey Graham (R-S.C.) said in a statement. “The Big Beautiful Bill contains all of President Trump’s domestic economic priorities. By passing this bill now, we will make our nation more prosperous and secure,” he added.
One of the key changes centered on the chamber’s planned alterations to the federal cap on Medicaid provider taxes, which marked a deeper cut to the program than the freeze in the initial House-passed measure. The Senate’s initial plan was to cut the provider tax from 6 percent to 3.5 percent over a five-year stretch starting in fiscal 2027. That cut was pushed back until 2028 after complaints from a number of members, including Sen. Thom Tillis (R-N.C.), who said on Friday night he was a “no” without changes.
Read more: https://thehill.com/homenews/senate/5374725-senate-gop-trump-bill-text/mlite/
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