Senate GOP rethinks tax cuts, Medicaid overhaul in Trump's megabill
(Politico) Senate Finance Committee Chair Mike Crapo on Monday unveiled a long list of changes to how the GOP’s “big, beautiful bill” would execute a major tax revamp and Medicaid cuts — two of the thorniest policy fights in the sweeping legislation.
The release comes after closed-door negotiations between Crapo and his colleagues over how far to go in revising the draft of the tax, immigration, energy and defense megabill approved late last month by the House.
And the changes could potentially delay the legislation lawmakers are now trying to rush to President Donald Trump’s desk by their July 4 recess. Absent a setback, Senate GOP leaders are hoping to pass the bill next weekend.
“I look forward to continued coordination with our colleagues in the House and the Administration to deliver President Trump’s bold economic agenda for the American people as quickly as possible,” Crapo said in a statement.
https://finance.yahoo.com/news/senate-finance-unveils-committees-portion-211224509.html