Posted on 07/02/2025 3:00:37 AM PDT by UMCRevMom@aol.com
After weeks of infighting, last-minute rewrites, and a marathon vote-a-rama, Senate Republicans narrowly passed President Donald Trump’s sweeping domestic policy bill on Tuesday, setting up a final showdown in the House.
Vice President JD Vance cast the tiebreaking vote after three Republicans, Sens. Susan Collins (R-ME), Thom Tillis (R-NC), and Rand Paul (R-KY), broke ranks to oppose the bill. The One Big Beautiful Bill Act delivers trillions in tax cuts while slashing funding for Medicaid, food assistance, and clean energy.
It also includes a host of conservative priorities, ranging from abortion restrictions to expanded fossil fuel development.
The final package reflects a bruising intraparty fight, with several controversial provisions added, scrapped, or watered down in the final hours. Here’s a look at some of the key things that made it in and what got left on the cutting room floor
PHASING-OUT SUBSIDIES FOR RENEWABLES AND ELECTRIC VEHICLES
Changes to phase-outs of clean energy tax credits in the bill remained central to the final hours of debate among Republicans, as hard-line conservatives have called for strict, swift cuts and more centrist lawmakers pushed for extended wind-downs to avoid major market and investment disruptions.
The now-passed Senate bill includes steep cuts for these tax credits, ending incentives for wind and solar projects placed in service, meaning operational and plugged into the grid, by the end of 2027.
(Excerpt) Read more at washingtonexaminer.com ...
Don’t believe the untrue narrative about no taxes on social security being a huge Trump lie.
Since the vehicle instituting taxing S.S. was NOT a budget reconciliation bill, removing the taxes on S.S. via a budget reconciliation bill is illegal.
The current bill weaseled around the monetary effect by simply in increasing the 65+ deduction, so it’s basically a close “wash”.
The author’s word choices in your excerpt tell me I don’t desire to read a biased hit piece.
“SLASHING Medicare” was all i needed to see...
“slashing funding for Medicaid”
NYS cost shares Medicaid with counties.
Property taxes are sky high.
Taking illegals and fraudsters off the Medicaid rolls will be celebrated by property tax payers in NYS.
You should have stayed away.
Your B.S. still stinks.🤡
We’ll see if the counties lower their levy.
Still waaayyy too much spending.
While I understand its a reconcilliation bill, there is too much porky goodness in it.
Oops. Medicaid = state; Medicare = Feds.
Just poured my second cup...
Last I knew NYS still wasn’t honoring the Supreme Court’s home equity theft decision, so I’m not holding out any hope saving will be passed along to taxpayers.
Don’t forget Medicare/Medicaid dual eligibles.
Pay $1 to read this? No thanks
Mornin’ Tokyo....Didn’t miss your garbage posts
RESCISSION bills cutting spending only take a simple majority of the House and Senate.
focus on Rescission bills
This bill has a lot of good stuff in it. We’ll only find out later about most of the bad stuff. (They add those crappola items to the thousands of pages of the bill at the last minute to avoid giving time to build opposition to them.)
I don’t like running up our massive debt further, but I take Scott Bessent as his word that he can grow the economy out of the deficit spending. (Fingers crossed.)
“RESCISSION bills cutting spending only take a simple majority of the House and Senate...
focus on Rescission bills”
Great tip, thank you :)
Suppressors got drop kicked.
There is no such a thing as a fossil fuel
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.