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Senate Begins Putting Stamp on Trump Tax, Debt Limit Bill
Posted
June 3, 2025
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5:18Now PlayingSignificant changes are in store for President Donald Trump’s signature $3.9 trillion tax-cut bill as the Senate begins closed-door talks this week on legislation that squeaked through the House by a single vote.
Senate Republican leaders intend to make permanent many of the temporary tax cuts in the House bill, a move that would increase the bill’s more than $2.5 trillion deficit impact. But doing so risks alienating fiscal hawks already at war with party moderates over the bill’s safety-net cuts.
ROKK Solutions Partner Kristen Hawn and Bluestack Strategies Founder Maura Gillespie discuss the latest from Capitol Hill on Balance of Power.
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