Senate Republicans unveiled a new version of their $4.2 trillion tax and spending package, moving closer to a vote as they near a July 4 deadline set by President Donald Trump.
The new draft reflects compromises among warring factions of the Senate GOP which has been divided over how much to cut safety-net programs such as Medicaid and how rapidly to phase out of renewable energy tax credits enacted under the Biden administration.
www.bloomberg.com
#Senate #Unveils #Trump #Tax #Draft #Plans #Vote