Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    The Best Bluetooth Speakers Under $50 During the Final Hours of October Prime Day

    October 8, 2026

    Women Share Early Signs Of Gynecologic Cancers

    October 8, 2026

    5 Magic Phrases to Be More Likable

    October 8, 2026
    Facebook X (Twitter) Instagram
    Trending
    • The Best Bluetooth Speakers Under $50 During the Final Hours of October Prime Day
    • Women Share Early Signs Of Gynecologic Cancers
    • 5 Magic Phrases to Be More Likable
    • 2 Timepieces in Distinctive Great Tones
    • Gigantic Naked Trump Statue Lands In European Parliament With A Blunt Message
    • Oligarch Claims Donald Trump Jr Has Paid Back Wedding Expenses
    • Donald Trump May Have A New Favorite Target In Attack On Female Media Members
    • 61 Prime Big Deal Days Deals That Are Actually Worth Buying
    Facebook X (Twitter)
    SBM Global News
    Demo
    • Home
    • Top Stories
      • Politics
    • Business
      • Small Business
      • Marketing
    • Finance
      • Investment
    • Technology

      How to find out if Amazon thinks you have ‘flat buttocks’

      October 7, 2026
      Read More

      At 19, founder raises $11 million for Ghost, maker of a $3,499 computer for personal AI

      October 6, 2026
      Read More

      Live Deftsoft Informatics Pvt LTD – Company Profile

      October 5, 2026
      Read More

      Federal judge calls Flock ‘indiscriminate mass surveillance’

      October 4, 2026
      Read More

      CS Web Solutions – Company Profile

      October 3, 2026
      Read More
    • Lifestyle
      • Travel
    • Feel Good
    • Get In Touch
    SBM Global News
    Demo
    Home»Politics»Trump Pushes A July 4th Deadline For Big Tax Bill As Senators Dig In
    Politics

    Trump Pushes A July 4th Deadline For Big Tax Bill As Senators Dig In

    By Staff WriterJune 5, 20257 Mins Read
    Facebook Twitter LinkedIn Reddit Email
    #image_title
    Share
    Facebook Twitter LinkedIn Pinterest Email

    WASHINGTON (AP) — President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be signed into law by the Fourth of July, and he’s pushing the slow-rolling Senate to make it happen sooner rather than later.

    Trump met with Senate Majority Leader John Thune at the White House earlier this week and has been dialing senators for one-on-one chats, using both the carrot and stick to nudge, badger and encourage them to act. But it’s still a long road ahead for the 1,000-page-plus package.

    “His question to me was, How do you think the bill’s going to go in the Senate?” Sen. Josh Hawley, R-Mo., said about his call with Trump. “Do you think there’s going to be problems?”

    It’s a potentially tumultuous three-week sprint for senators preparing to put their own imprint on the massive Republican package that cleared the House late last month by a single vote. The senators have been meeting for weeks behind closed doors, including as they returned to Washington late Monday, to revise the package ahead of what is expected to be a similarly narrow vote in the Senate.

    “Passing THE ONE, BIG, BEAUTIFUL BILL is a Historic Opportunity to turn our Country around,” Trump posted on social media. He urged senators Monday “to work as fast as they can to get this Bill to MY DESK before the Fourth of JULY.”

    But Trump’s high-octane ally, billionaire Elon Musk, lambasted the package — and those voting for it.

    “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,” Musk posted on his site X, as some lawmakers have expressed reservations about the details. “Shame on those who voted for it: you know you did wrong. You know it.”

    A test for Thune

    Thune, like House Speaker Mike Johnson, has few votes to spare from the Senate’s slim, 53-seat GOP majority. Democrats are waging an all-out political assault on GOP proposals to cut Medicaid, food stamps and green energy investments to help pay for more than $4.5 trillion in tax cuts — with many lawmakers being hammered at boisterous town halls back home.

    “It’d be nice if we could have everybody on board to do it, but, you know, individual members are going to stake out their positions,” Thune said Tuesday. “But in the end, we have to succeed. Failure’s not an option.”

    Johnson called Musk’s harsh criticism of the bill “very disappointing.”

    “With all due respect,” said Johnson, who said he spoke with Musk for more than 20 minutes, “my friend Elon is terribly wrong about the one big beautiful bill.”

    At its core, the package seeks to extend the tax cuts approved in 2017, during Trump’s first term at the White House, and add new ones the president campaigned on, including no taxes on tips. It also includes a massive buildup of $350 billion for border security, deportations and national security.

    To defray the lost tax revenue to the government and avoid piling onto the nation’s $36 trillion debt load, Republicans want reduce federal spending by imposing work requirements for some Americans who rely on government safety net services. Estimates are 8.6 million people would no longer have health care and nearly 4 million would lose Supplemental Nutritional Assistance Program benefits, known as SNAP.

    Demo

    The package also would raise the nation’s debt limit by $4 trillion to allow more borrowing to pay the bills.

    Senate Democratic Leader Chuck Schumer said Trump’s bill “is ugly to its very core.”

    Schumer said Tuesday that senators should listen to Musk. “Behind the smoke and mirrors lies a cruel and draconian truth: tax breaks for the ultra-wealthy paid for by gutting health care for millions of Americans,” said the New York senator.

    The nonpartisan Congressional Budget Office is expected to soon provide an overall analysis of the package’s impacts on the government balance sheets. But Republicans are ready to blast those findings from the congressional scorekeeper as flawed.

    The GOP holdouts

    Trump switched to tougher tactics Tuesday, deriding the holdout Republican senators.

    The president laid into Kentucky Sen. Rand Paul, the libertarian-leaning deficit hawk who has made a career of arguing against government spending. Paul wants the package’s $4 trillion increase to the debt ceiling out of the bill.

    “Rand votes NO on everything, but never has any practical or constructive ideas. His ideas are actually crazy (losers!),” Trump posted.

    Paul seemed unfazed. “I like the president, supported the president,” the senator said. “But I can’t in good conscience give up every principle that I stand for and every principle that I was elected upon.”

    The July 4th deadline is not only aspirational for the president, it’s all but mandatory for Treasury Secretary Scott Bessent, who has warned Congress that the nation will run out of money to pay its bills if the debt ceiling, now at $36 trillion, is not lifted by mid-July or early August to allow more borrowing. Bessent has also been meeting behind closed doors with senators and GOP leadership.

    To make most of the tax cuts permanent — particularly the business tax breaks that are the Senate priorities — senators may shave some of Trump’s proposed new tax breaks on automobile loans or overtime pay, which are less prized by some senators.

    There are also discussions about altering the $40,000 cap that the House proposed for state and local deductions, known as SALT, which are important to lawmakers in high-tax New York, California and other states, but less so among GOP senators.

    “We’re having all those discussions,” said Sen. Thom Tillis, R-N.C., another key voice in the debate.

    Hawley is a among a group of senators, including Maine Sen. Susan Collins and Alaska Sen. Lisa Murkowski, who have raised concerns about the Medicaid changes that could boot people from health insurance.

    A potential copay of up to $35 for Medicaid services that was part of the House package, as well as a termination of a provider tax that many states rely on to help fund rural hospitals, have also raised concerns.

    “The best way to not be accused of cutting Medicaid is to not cut Medicaid,” Hawley said. Collins said she is reviewing the details.

    20 Years Of Free Journalism

    Your Support Fuels Our Mission

    Your Support Fuels Our Mission

    For two decades, HuffPost has been fearless, unflinching, and relentless in pursuit of the truth. Support our mission to keep us around for the next 20 — we can’t do this without you.

    We remain committed to providing you with the unflinching, fact-based journalism everyone deserves.

    Thank you again for your support along the way. We’re truly grateful for readers like you! Your initial support helped get us here and bolstered our newsroom, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you will join us once again.

    We remain committed to providing you with the unflinching, fact-based journalism everyone deserves.

    Thank you again for your support along the way. We’re truly grateful for readers like you! Your initial support helped get us here and bolstered our newsroom, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you will join us once again.

    Support HuffPost

    Already contributed? Log in to hide these messages.

    20 Years Of Free Journalism

    For two decades, HuffPost has been fearless, unflinching, and relentless in pursuit of the truth. Support our mission to keep us around for the next 20 — we can’t do this without you.

    Support HuffPost

    Already contributed? Log in to hide these messages.

    Associated Press journalists Kevin Freking, Mary Clare Jalonick, Matt Brown, Joey Cappelletti, Michelle L. Price, Josh Boak and Nathan Ellgren contributed to this report.

    View original article here

    Share. Facebook Twitter LinkedIn Email Reddit
    Previous ArticleDeadlift Vs Squat: Which Exercise Is Better for Your Butt?
    Next Article Chinese Company Takes a Shot at the Moon With $300 Million XRP Play – BitRss

    Related Posts

    Gigantic Naked Trump Statue Lands In European Parliament With A Blunt Message

    October 8, 2026
    Read More

    Donald Trump May Have A New Favorite Target In Attack On Female Media Members

    October 7, 2026
    Read More

    Seth Meyers’ Deadpan Delivery Of A Trump Interview Answer Says It All

    October 7, 2026
    Read More
    Add A Comment

    Leave A Reply Cancel Reply

    Demo
    Top Posts

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256

    AAVE Price Prediction: Target $215-225 by Mid-January 2025 as Technical Indicators Signal Bullish Momentum

    December 15, 2025240

    Wall Street Slumps As Alphabet, Qualcomm And Other Tech Stocks Fall

    February 7, 2026212
    Don't Miss
    Lifestyle

    The Best Bluetooth Speakers Under $50 During the Final Hours of October Prime Day

    By Staff WriterOctober 8, 20264 Mins Read

    We may earn a commission from links on this page. Deal pricing and availability subject…

    Read More

    Women Share Early Signs Of Gynecologic Cancers

    October 8, 2026

    5 Magic Phrases to Be More Likable

    October 8, 2026

    2 Timepieces in Distinctive Great Tones

    October 8, 2026
    Stay In Touch
    • Facebook
    • Twitter
    Demo
    Find More
    Trending News
    • The Best Bluetooth Speakers Under $50 During the Final Hours of October Prime Day
    • Women Share Early Signs Of Gynecologic Cancers
    • 5 Magic Phrases to Be More Likable
    • 2 Timepieces in Distinctive Great Tones
    • Gigantic Naked Trump Statue Lands In European Parliament With A Blunt Message
    • Oligarch Claims Donald Trump Jr Has Paid Back Wedding Expenses
    • Donald Trump May Have A New Favorite Target In Attack On Female Media Members
    • 61 Prime Big Deal Days Deals That Are Actually Worth Buying
    • How to scale campaign execution without scaling headcount
    • How to find out if Amazon thinks you have ‘flat buttocks’
    Other News
    • Business
    • Feel Good
    • Finance
    • Fitness
    • Health
    • Investment
    • Lifestyle
    • Marketing
    • Politics
    • Small Business
    • Technology
    • Top Stories
    • Travel
    About Us

    Small Business Minder brings together business and related news from around the world in one place. Follow us for all the business news you'll need.

    Facebook X (Twitter)
    Our Picks

    The Best Bluetooth Speakers Under $50 During the Final Hours of October Prime Day

    October 8, 2026

    Women Share Early Signs Of Gynecologic Cancers

    October 8, 2026
    Most Popular

    Former FBI, CIA Head Has ‘Serious Concerns’ With Trump Cabinet Picks

    December 28, 2024435

    Emirates to operate next-gen A350 on the third daily service to Cape Town

    January 14, 2026256
    Categories
    © 2026 Small Business Minder
    • Home
    • Get In Touch

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. To get the most from our site, please disable your Ad Blocker.