The Senate megabill has undergone the final ‘Byrd bath’ as Republicans rush to deliver their domestic policy bill to President Donald Trump by July 4. Learn more about the latest changes and updates in the measure.
Key Highlights of the Latest Text
The latest version of the bill, set for procedural votes on Saturday afternoon, incorporates crucial rulings by the parliamentarian, Elizabeth MacDonough. These rulings address compliance with budget reconciliation rules and lead to significant alterations in the bill.
Healthcare Provisions
Senate Republicans have introduced a $25 billion stabilization fund for rural hospitals over five years, a notable increase from previous offers. Additionally, there are changes in provider tax cuts and obligations to Medicaid, with implementation starting in 2028.
SALT Deduction
The new text maintains the House Republicans’ plan to raise the deduction to $40,000, reverting to current levels after 2029. This adjustment aims to reduce the overall cost of the House plan significantly.
SNAP Modifications
The bill proposes exemptions for Alaska and Hawaii from cost-sharing requirements in the Supplemental Nutrition Assistance Program. It grants waivers for specific conditions to support these states in meeting program criteria.
Energy Sector Changes
The updated text imposes stricter deadlines for solar and wind projects to qualify for clean electricity incentives. It also restricts residential access to certain tax credits under the Inflation Reduction Act.
Additional Amendments
The bill encompasses several other amendments, including land sales directives, revisions in federal pensions, and adjustments in the education sector. Notable exclusions involve Pell Grant expansions and changes to student loan repayment regulations.
Immigration Clause
Following the parliamentarian’s advice, the bill omits language that would have limited federal courts’ powers in specific scenarios related to preliminary injunctions.
Stay informed with the latest updates on the Senate megabill text to understand the evolving landscape of domestic policies.
