Congress

Here Are Some Key Provisions in Senate’s Version of the Big Beautiful Bill

Trump’s One Big Beautiful Bill undergoes some changes.
Here Are Some Key Provisions in Senate’s Version of the Big Beautiful Bill
Chairman Sen. Mike Crapo (R-Idaho) (L) and Treasury Secretary Scott Bessent (R) arrives for a Senate Finance Committee hearing on Capitol Hill in Washington on June 12, 2025. Senate Finance Committee met with Bessent to discuss the U.S. President Donald Trump's fiscal year 2026 budget request for the Department of the Treasury. Andrew Harnik/Getty Images
Andrew Moran
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The Senate Finance Committee has released its version of the One Big Beautiful Bill, presenting changes different from those in the House legislation.

Republican lawmakers in both chambers will need to act swiftly, if they are to send the sweeping tax-cut and spending bill to President Donald Trump’s desk before July 4.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."