President Trump hopes the Senate cuts taxes even more than the House Passed Bill – and put everything on his desk for signing by July 4th
The court has blocked Trump’s tariffs and said it exceeds legal authority
The trade court blocked President Donald Trump’s tariffs and said they had surpassed his legal authority.
WASHINGTON – House Republicans have done their job and handed out a small amount of President Donald Trump’s sweeping tax and policy bills. Next: the Senate.
After a week’s break, when Congressional members return to Washington on June 2, the upper chamber of commerce will dig into more than 1,000 pages of bill extending income tax cuts, implement new tax credits for wages and overtime, overhaul Medicaid and food stamps, and spend more money on Trump’s deportation plan.
House Speaker Mike Johnson urged Senate counterparts to “not change this package as much as possible,” but the senator has other plans. At least 12 senators want to fine-tune the package before signing off.
Trump’s ally Elon Musk said he was “disappointed” with the house pass package. Speaking at the White House on May 30, Trump said he hopes the Senate cuts taxes even further than the cuts included in the House Passed bill.
“I want to cut taxes significantly,” Trump told reporters. “It’s going to shake a little.”
Some House Republicans have already faced jealous and necks at City Hall as participants burned lawmakers on the tax policy bill. GOP leaders are urging members to “attack” the new bill, promoting the party’s efforts to maintain undocumented people from benefits programs, cut taxes and secure southern borders.
Will there be a hearing on the Senate bill?
It remains to be seen whether the Senate will hold legislative hearings, as the House did in separate parts of the bill.
What’s clear is that they try to move faster. Republicans hope to pass the law by July 4th. This allows them to approve it in the Senate, negotiate the difference, squeeze the house again, and then approve it to them to take you to Trump’s desk, and negotiate across the room.
However, the actual deadline is the end of July. Treasury Secretary Scott Bescent said the US will reach its debt cap in August. He urged Congress to pass the package earlier to avoid catastrophic financial defaults. The package includes an increase in the debt cap of $4 trillion.
Eyes to Ron Johnson, Rick Scott, Mike Lee and Rand Paul
Just like the House, Senate Republicans have competing demands for changes to the bill.
Some Republican senators, including Wisconsin Officer Ron Johnson, Florida’s Rick Scott, Utah’s Mike Lee and Kentucky’s Rand Paul are hugely concerned about the $3.8 trillion in which the package will add debt over the next decade.
Others, including Senator R-Maine, R-Maine and Josh Hawley of R-Missouri, are worried about the potential changes in Medicaid. The bill will push an estimated 7.6 million Americans out of coverage while cutting $625 billion from low-income healthcare programs. This is to implement new work requirements for healthy adults without children.
Senators such as Lisa Murkowski and R-Alaska. John Curtis, r-utah; and Thom Tillis of R-North Carolina, worried about rewinding the renewable energy tax credits implemented under the Democratic Inflation Reduction Act, which state businesses benefited.
John Tune is in a hot seat
South Dakota Senate Majority Leader John Tune will need to deal with narrow margins to win the bill across the finish line. He can only lose three Republican votes and get the majority needed to estimate he won’t pass the Democrat’s cross party line to support the legislative package.
Democrats denounced the package as a giveaway to the wealthiest Americans, stripping them of benefits from low-income people.
“When rural hospitals are closed due to this bill, and drug treatment clinics in Iowa and rural America are closed due to this bill, more people will die at a younger age,” Sen. Chris Murphy told CNN in a June 1 interview.
The changes made in the Senate will need to be negotiated again with the House before Republicans pass the lower room where they only lose three votes and can afford to pass the bill without Democrats.
