Senate Finance Committee tackles Medicaid cuts, salt caps on Trump’s agenda
newYou can listen to Fox’s news articles!
Senate panels charged with some of the president’s hottest button parts Donald Trump’s “Big, Beautiful Bill” announced some of the Gargantuan packages on Monday.
The Senate Finance Committee has jurisdiction over tax policy, Medicaid, and many other items. House GOP The bill’s version released its text as a Republican sprint to close work on the president’s bill ahead of the July 4 deadline.
Trump’s “big, beautiful bill” destroys Biden’s student loan scheme,” says the Republican top
President Donald Trump speaks with business leaders during a roundtable of “American Investment” with business leaders at the White House in Washington on Monday, June 9, 2025. (AP Photo/Evan Vucci)
The committee, chaired by Senator R-Idaho, had to take a dangerous tightrope walk in their laws, taking into account the reduction in divisions around Medicaid, an increase in state and local tax (salt) deduction caps and other provisions in the House version of the bill.
Crapo praised the bill in a statement, saying it “targeted fraud, fraud and abuse” while making the president’s 2017 tax cuts and employment permanent, reducing “Green New Deal” spending and maintaining and protecting them for the most vulnerable people.
“I look forward to continuing to provide President Trump’s bold economic agenda for Americans as soon as possible with colleagues in the House and administration,” he said.
House speaker Mike Johnson (R-La.) pleaded The Senate The leader who changes the bill as few as possible to the House, especially on the compromise he reached salt and Medicaid, has vowed to leave an engraving on the package.
“Fully justified”: Graham raises Trump border funds despite Paul’s objections
Senate majority leader John Tune (Rs.D.) will speak with reporters at the Capitol in Washington on Monday, June 2, 2025 about President Donald Trump’s spending and plans to advance tax bills. (AP Photo/j. Scott Apple White)
Click here to get the Fox News app
Members of the CRAPO and Republican Committee were similarly required to navigate the department of the upper chamber, particularly to tweak Medicaid adjustments to provider payments and increase the salt cap to $40,000.