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Strategies & Market Trends : World Outlook

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To: Les H who wrote (46522)6/28/2025 10:55:11 AM
From: Les H  Read Replies (1) of 49097
 
How a GOP accounting maneuver hides $3.8 trillion in red ink from Trump's 'big, beautiful bill'



finance.yahoo.com

Enough to fund the shortfalls in Social Security and Medicare over the same period.

Republicans scramble to save Trump’s ‘big, beautiful bill’
by Alexander Bolton - 06/27/25

Senate Republicans are scrambling to resurrect President Trump’s “big, beautiful bill,” which stalled Thursday after Parliamentarian Elizabeth MacDonough rejected one of its biggest cost-cutting provisions.

The chamber’s referee ruled the Senate’s proposed cap on health care provider taxes violated the Byrd Rule, which governs what legislation can pass with a simple-majority and avoid a filibuster under budget reconciliation rules. The provision would cut hundreds of billions of dollars in federal Medicaid spending.

thehill.com
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