Sen. John Thune reveals GOP plans for Trumps Big Beautiful Bill that narrowly passed House

Senate Majority Leader John Thune announced Monday that Republicans want to tweak the House-passed One Big Beautiful Bill Act to find more tax cuts and savings before they send it to President Trump’s desk.“A lot of our members are interested in permanence in some of the areas that the House made five-year windows,” Thune told reporters, referring to some of the business tax provisions in the bill.“We’ll be looking at some of those things.”Thune, 64, insisted that he still wanted to get the package off Capitol Hill by the July 4 holiday, even though passing a separate Senate version of the bill would trigger intense negotiations on a compromise version of the bill, which would have to pass both houses of Congress again before the president could sign it.Among the tax provisions of the One Big Beautiful Bill that expire after five years include a deduction for business research and development expenditures and a section that allows businesses to write off most of the cost of certain assets in the year after they were purchased rather than spreading it out over time.Thune also noted that Republicans are going to attempt to find additional savings, something that Sens.

Rand Paul (R-Ky.), Ron Johnson (R-Wis.) and Rick Scott (R-Fla.), have all demanded to secure their support.“There are different ideas, in some cases, with respect to some of the savings and whether or not we get to a higher level,” the South Dakotan said.Republicans hold a 53-47 majority in the Senate and can only afford to lose three votes on the bill.Also looming over the process are concerns about Medicaid reforms in the House version of the bill, which has prompted unease from Sens.Josh Hawley (R-Mo.) and Lisa Murkowski (R-Alaska).

“Just had a great talk with President Trump about the Big, Beautiful Bill.He said again, NO MEDICAID BENEFIT CUTS,” Hawley wrote on X Monday.The House version of the One Big Beautiful Bill Act imposes work requirements on able-bodied beneficiaries ag...