• 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

Jim Caviezel starring in Bolsonaro biopic as son...

December 10, 2025

European talks reshape Ukraine’s peace plan as Zelenskyy...

December 9, 2025

Senate Republicans land on Obamacare fix, tee up...

December 9, 2025

As GOP political power hangs in the balance,...

December 9, 2025

China sharpens confrontation with Japan following reported radar...

December 9, 2025

Mamdani will introduce British antisemitism, taxes to US:...

December 9, 2025

GOP senator pitches ‘Black Friday’ Obamacare fix that...

December 9, 2025

Kamala Harris declares herself a ‘historic’ figure: ‘There...

December 9, 2025

Bipartisan lawmakers unveil Obamacare extension as pressure grows...

December 9, 2025

Federal judge approves releasing Ghislaine Maxwell case grand...

December 9, 2025
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

  • REBECCA GRANT: How Tomahawks work and how they could change everything for Ukraine

    October 18, 2025
  • US officials see fall of Assad as opportunity to force Iranian regime change

    December 12, 2024
  • Bondi DOJ files complaint alleging misconduct by Federal Judge James Boasberg

    July 29, 2025
  • Flashback: Biden admin repeatedly used USAID to push abortion in Africa

    February 3, 2025
  • Fighter pilots take directions from AI in Pentagon’s groundbreaking test

    August 26, 2025

Popular Posts

  • 1

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

    July 21, 2024
  • 2

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

    April 2, 2025
  • 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 (7,017)
  • Investing (654)
  • Stock (963)

Latest Posts

  • CFPB expands oversight of digital payments services including Apple Pay and Cash App

    November 22, 2024
  • Harris-Trump showdown: New national poll shows who has the edge 2 weeks from Election Day

    October 24, 2024
  • GOP senator demands FBI probe Biden-era vetting process for Boulder terror suspect: ‘Under attack’

    June 2, 2025

Recent Posts

  • Senate GOP ready to go nuclear after Schumer’s ‘political extortion’ of nominees

    August 5, 2025
  • Rubio demands answers with 2 more Americans reportedly held by Taliban

    January 26, 2025
  • Transgender women to be banned from Capitol Hill female bathrooms under new House GOP proposal

    November 19, 2024

Editor’s Pick

  • EURUSD and GBPUSD: GBPUSD is approaching the 1.32000

    September 16, 2024
  • Taiwan ramps up coast guard and military readiness in face of Beijing’s ‘gray zone’ warfare

    June 12, 2025
  • Federal judge delays Trump administration’s buyout deadline for federal workers

    February 6, 2025
  • 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