Summary
Senate Republicans are working to pass a budget bill important to former President Donald Trump's plans. The bill includes tax cuts and changes to welfare, and they hope to vote on it by July 4th. Some senators are unsure about the bill due to its quick release and complex contents.
Key Facts
- Senate Republicans aim to pass a budget bill by a self-imposed July 4th deadline.
- The bill is over 940 pages long and was released shortly after midnight.
- It includes $3.8 trillion in tax breaks and changes to welfare programs.
- The House of Representatives passed an earlier version of this bill.
- Changes to the bill address funding for rural hospitals and tax deductions.
- The new bill allows a higher tax deduction limit for couples earning up to $500,000.
- Some Republicans are concerned they haven't had enough time to read the bill.
- Senate Majority Leader John Thune hopes to have a vote by Saturday.
