According to Semafor's report on June 10, Senate Budget Committee Chairman Graham, a Republican, is preparing for potential key provisions being cut from Trump's "Beautiful Bill" by proposing alternative tax reduction and spending cut bills to progressively advance their goals. Graham stated that the current legislation is not the final result, and he anticipates potentially three partisan bills if necessary: "We will first try to reach a compromise on this bill, and then we have two more bills to advance. The president wants to implement some policies, such as tax exemptions for tips and overtime. All of these might be difficult to fully incorporate into the bill. Therefore, we want to introduce the largest bill the market can bear, while understanding that more bills will be introduced. At this stage of the process, how much can be done is the core challenge facing senators."
U.S. Senate Budget Chairman: Trump's "Beautiful Big Bill" may be cut, and he plans to propose branch bills to advance step by step
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share