ECONOMY
2 min readSenate Advances Tax and Spending Bill as Final Vote Approaches
TrueGov Editorial Team•7 months ago•2 min read
Legislation includes tax cuts extension, Medicaid changes, and debt ceiling increase
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The U.S. Senate is advancing President Trump's comprehensive spending and tax legislation, with Republicans releasing an updated version late Friday as they work toward a July 4 passage deadline. The bill, which narrowly passed the House last month, addresses tax policy, defense funding, border security, and energy priorities. Senate Republicans have been modifying the legislation while seeking to maintain support from House Republicans, who will need to approve any changes before the bill reaches the president's desk.