• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

by June 29, 2025
written by June 29, 2025

Senate Republicans rammed President Donald Trump’s ‘big, beautiful bill’ through a procedural hurdle after hours of tense negotiations that put the megabill’s fate into question. 

Speculation swirled whether Republicans would be satisfied by the latest edition of the mammoth bill, which was released just before the stroke of midnight Saturday morning.

Nearly every Republican, except Sens. Thom Tillis, R-N.C., and Rand Paul, R-Ky., all voted to unlock a marathon 20-hour debate on the bill. Senate Majority Leader John Thune, R-S.D., could only afford to lose three votes.

Though successful, the 51-49 party line vote was not without drama.

Sen. Ron Johnson, R-Wis., flipped his vote from a ‘no’ to ‘yes’ in dramatic fashion, as he and Sens. Rick Scott, R-Fla., Cynthia Lummis, R-Wyo., and Mike Lee, R-Utah, made their way to the Senate floor accompanied by Vice President JD Vance.

Vance was called in case he was needed for a tie-breaking vote, but only his negotiating services ended up being used.

No lawmaker wanted to be the fourth and final decisive vote to kill the bill. Republican leadership kept the floor open for nearly four hours while negotiations continued – first on the Senate floor and then eventually in Thune’s office.

The bill won’t immediately be debated thanks to Senate Democrats’ plan to force the reading of the entire, 940-page legislative behemoth on the Senate floor, which could drain several hours and go deep into the night.

The megabill’s fate, and whether it could pass its first test, was murky at best after senators met behind closed doors Friday, and even during another luncheon on Saturday.

Lingering concerns in both chambers about Medicaid — specifically the Medicaid provider tax rate and the effect of direct payments to states — energy tax credits, the state and local tax (SALT) deduction and others proved to be pain points that threatened the bill’s survival.

 

However, changes were made at the last-minute to either sate holdouts or comply with the Senate rules. Indeed, the Senate parliamentarian stripped numerous items from the bill that had to be reworked.

The Medicaid provider tax rate was kept largely the same, except its implementation date was moved back a year. Also included as a sweetener for lawmakers like Sens. Susan Collins, R-Maine, Josh Hawley, R-Mo., and others was a $25 billion rural hospital stabilization fund over the next five years.

Collins said that she would support the bill through the procedural hurdle, and noted that the rural hospital stabilization fund was a start, but whether she supports the bill on final passage remains to be seen.

‘If the bill is not further changed, I will be leaning against the bill, but I do believe this procedural vote to get on the bill so that people can offer amendments and debate it is appropriate,’ Collins said.

Tillis, who is also concerned about the changes to Medicaid and would like to see a return to the House GOP’s version, said that he would not vote in favor of the bill during final passage.

The SALT deduction included in the House GOP’s version of the bill also survived, albeit the $40,000 cap will remain intact for five years. After that, the cap will revert to its current $10,000.

Other sweeteners, like expanding nutrition benefit waivers to Alaska and a tax cut for whaling boat captains, were thrown in, too, to get moderates like Sen. Lisa Murkowski, R-Alaska, on board with the bill.

Lee announced that he withdrew his open lands sale provision, which proved a sticking point for lawmakers in Montana and Idaho. 

Still, Republicans who are not satisfied with the current state of the bill will use the forthcoming ‘vote-a-rama,’ when lawmakers can offer an unlimited number of amendments, to try and change as much as they can before final passage. 

Democrats, however, will use the process to inflict as much pain as possible on Republicans.

Once the amendment marathon concludes, which could be in the wee hours of Monday morning, lawmakers will move to a final vote to send the bill, which is an amendment to the House GOP’s version of the ‘big, beautiful bill,’ back to the lower chamber.

From there, it’s a dead sprint to get the package on the president’s desk by July 4.

In a statement of administration policy obtained by Fox News Digital, Trump signaled that he would sign the bill.

‘President Trump is committed to keeping his promises,’ the memo read. ‘And failure to pass this bill would be the ultimate betrayal.’ 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians
next post
Trump, lawmakers react after ‘big, beautiful bill’ clears Senate hurdle

related articles

Trump presses NATO partners on support as Hegseth...

March 3, 2026

Firebrand anti-American cleric Alireza Arafi seen as contender...

March 2, 2026

Fetterman blasts Iran strike critics, Ayatollah’s apologists: ‘Let’s...

March 2, 2026

Melania Trump makes history, pushes for ‘peace through...

March 2, 2026

US Embassy urges Americans in Iraq to shelter...

March 2, 2026

Israeli racing star ‘nervous’ as family deals with...

March 2, 2026

Trump says US mission in Iran is ‘ahead...

March 2, 2026

Trump says US sank 10 ships in Iran...

March 2, 2026

Gas prices could jump as Middle East tensions...

March 2, 2026

Missiles above, newborns below: Israeli hospitals shift critical...

March 2, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump reinforces ‘all hell will break out’ if hostages not returned by inauguration

    January 7, 2025
  • EURGBP and EURCHF: EURGBP drops to a new weekly low

    July 11, 2024
  • Biden says the GOP doesn’t understand the importance of advancing women’s well-being: ‘I mean it’

    December 12, 2024
  • ‘Putin is pushing the limits’: Eastern allies warn Trump not to pull US troops

    September 26, 2025
  • 5 takeaways as MTG unloads to NYT Magazine, dishing scathing criticism of Trump

    December 29, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,202)
  • Investing (1,049)
  • Stock (979)

Latest Posts

  • UK, France, Germany trigger UN sanctions on Iran over ‘significant’ nuclear program defiance

    August 28, 2025
  • Walz repeats Clinton attack that Trump Madison Square Garden event mirrored 1930s Nazi rally

    October 28, 2024
  • Trump report card: Conservative and liberal analysts reveal their grades for president on top issues

    March 4, 2025

Recent Posts

  • CDC official who blasted Trump’s ‘weak science’ led politicized Biden-era monkeypox response

    August 30, 2025
  • House investigators nix Mueller testimony in Epstein probe over health concerns

    August 29, 2025
  • Everything you need to know about Election Day 2025: Critical elections, ballot measures and more

    October 28, 2025

Editor’s Pick

  • EU has $8 trillion leverage over US as Trump threatens new tariffs

    January 20, 2026
  • A Silicon Valley exec had $400K stolen by cybercriminals while buying a home. Here’s her warning.

    July 24, 2024
  • Bitcoin is increasingly stable above support at $62500

    September 24, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock