Challenges Facing Senate Negotiators in Passing Legislation

Senate Majority Leader John Thune and other Senate negotiators are facing challenges passing legislation to enact President Trump's agenda by July 4. Some Republicans are concerned about spending cuts for Medicaid and SNAP, deficit reduction, lifting the cap on SALT deductions, and more. There are disagreements on issues like Medicare, corporate tax cuts, and artificial intelligence regulation. Some senators threaten to vote against the bill due to Medicaid benefit reductions. The negotiations also involve concerns about spectrum auctioning, AI regulation, and making corporate tax breaks permanent.

Challenges Facing Senate Negotiators in Passing Legislation

Senate Majority Leader John Thune and Senate negotiators face challenges in passing legislation to enact President Trump's agenda by July 4, including concerns about spending cuts for Medicaid and SNAP, deficit reduction, lifting the cap on SALT deductions, and more.

President Trump's 'The One Big Beautiful Bill'

President Trump is urging Republican lawmakers to support 'The One Big Beautiful Bill' that aims to cut taxes and prevent illegal aliens from receiving Medicaid. Some GOP members have criticized the bill, including Rep. Chip Roy and Sen. Rand Paul.

House Budget Committee Meeting on Trump's Legislation

Discussion on the Supreme Court hearing over judicial power with major implications for the Trump administration. House Budget Committee meeting to bring Trump's legislation close to a House-wide vote facing opposition from some Republicans due to concerns about Medicaid, green energy subsidies, and SALT deductions.

Opposition to High SALT Deductions for High-Tax States

Rep. Darin LaHood opposes bailing out high-tax states like New York, California, Connecticut, New Jersey, and Illinois through high SALT deductions due to the massive national debt.

Tax Policy and State/Local Tax Deductions

Former Vice President Mike Pence discusses the impact of raising tax rates on the wealthy, particularly affecting small business America. There is a dispute over state and local tax deductions in President Donald Trump's bill, with some Republican lawmakers pushing for a higher cap on SALT deductions.